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Dream Capital Leads USD120m Series A for India’s Rario

Dream Capital, the VC arm of Indian fantasy sports platform Dream Sports, led a USD120m Series A for Rario, an India-based NFT platform for cricket, with participation from Alpha Wave Global and follow-on from Animoca Brands, Presight Capital and Kingsway Capital. Read More

Growtheum Capital Partners Reaches USD400m First Close for Debut Southeast Asia Fund

Growtheum Capital Partners, a PE firm established by former GIC executive Amit Kunal,  reached a USD400m first close for its debut fund targeting minority growth investment in companies with exposure to discretionary consumption in Southeast Asia. The fund has a USD750m target. Read More

Openspace Ventures Reaches USD200m Close for Debut Growth Fund

Southeast Asia-focused Openspace Ventures closed its debut growth fund, OSV+, on target at USD200m. The fund primarily participates in follow-on rounds for existing portfolio companies, entering at the Series C and D stages. Read More

QED Investors and Aavishkaar Lead USD31m Round for India’s Financepeer

QED Investors and Aavishkaar Capital led a USD31m round for Financepeer, an India-based educational lender, with participation from Ardent Ventures, DMI Sparkle Fund, DMI, 9Unicorn, LC Nueva AIF and Maxar VC. Read More

Monk’s Hill Ventures Leads USD5m pre-Series A for Singapore’s Ordinary Folk

Monk’s Hill Ventures leads a USD5m pre-Series A for Singapore-based healthtech Ordinary Folk. Read More

A91 Partners and Alpha Wave Global Lead USD46.8m Series B for India’s VideoVerse

A91 Partners, Alpha Wave Global and Binny Bansal (Flipkart) led a USD46.8m Series B for India-based video editing SaaS platform VideoVerse (formerly, with participation from Stride Ventures, Innoven Capital and Pacific Western Bank. Read More

Prosus and Sanabil Lead USD170m Series C for Saudi Arabia’s Foodics

Prosus and Sanabil Investments led a USD170m Series C for Foodics, a Saudi Arabia-based payments platform for restaurants, with participation from Sequoia India and follow-on from STV and Endeavor Catalyst. Read More

Enterprise Investors-backed Studenac Acquires Croatia’s Kordun

Studenac, a Croatia-based retail chain backed by Enterprise Investors, acquired Crotian retail chain Kordun for an undisclosed amount. Read More

4DX ventures, Nuwa Capital and Shorooq Partners Lead USD4.5m Round for Egypt’s The Food Lab

4DX Ventures, Nuwa Capital and Shorooq Partners led a USD4.5m round for Egypt-based cloud kitchen platform The Food Lab. Read More

Nuveen Leads USD50m Series E for India’s Kinara Capital

Nuveen’s Global Impact Fund led a USD50m Series E for Kinara Capital, an India-based fintech providing loans to entrepreneurs, with participation from Triple Jump. Read More

Northstar Leads USD22m Series A for Indonesia’s Noice

Northstar led a USD22m Series A for Noice, an Indonesia-based audio content streaming platform, with follow-on from Alpha JWC Go-Ventures and Kinesys. Read More

Tiger Global Leads USD12m Seed Round for Zambia’s Union54

Tiger Global led a USD12m seed round for Zambia-based card issuer Union54, with participation from Vibe VC, Earl Grey Capital and Not Boring Capital. Read More