GPCA covers the latest fund, investment and industry news across our markets in two newsletters: NewsWatch is a weekly round-up of key transactions across asset classes; the Global Tech Brief is a bi-weekly review of tech transactions and innovations with cross-border applications. Subscribe in the left-hand sidebar.

Access past editions of NewsWatch here.

Accel, Citius and Tiger Global Lead USD60m Series B for Indonesia’s Astro

Accel, Citius and Tiger Global led a USD60m Series B for Astro, an Indonesia-based 15-minute grocery delivery platform, with follow-on from AC Ventures, Global Founders Capital, Lightspeed and Sequoia Capital India. Read More

Advent International Reaches USD25b Final Close for Fund X

Advent International reached a USD25b final close for Advent International GPE X, its second technology-dedicated fund making investments in Europe, North America and Asia. Read More

1982 Ventures Reaches USD20m Final Close for Debut Southeast Asia Fintech Fund

Singapore-based, early-stage VC 1982 Ventures reached a USD20m final close for its debut fund, surpassing its initial target of USD15m. The vehicle will make seed investments in fintech across Southeast Asia, Pakistan and Bangladesh. Read More

GIC Leads USD80m Round for Indonesia’s Bibit

GIC led a USD80m round for Indonesia-based investment app Bibit, with follow-on from Prosus Ventures and other existing investors. Read More

Carlyle Acquires China’s HCP From BPEA

The Carlyle Group acquired China-based cosmetic packaging company HCP Packaging from Baring Private Equity Asia for an undisclosed amount. Read More

Tiger Global Leads USD15m Series A for Namibia’s JABU

Tiger Global led a USD15m Series A for Namibia-based last-mile distribution e-commerce company JABU, with participation from Box Group, Knollwood and D Global Ventures, and follow-on from Afore Capital, Oldslip and FJ Labs. Read More

Venturi Partners and Temasek Lead USD108m Series D for India’s Country Delight

Venturi Partners and Temasek led a USD108m Series D for India-based D2C food essentials brand Country Delight at reported USD615m valuation, with participation from SWC Global and Trifecta Capital, and follow-on from IIFL Asset Management, Elevation Capital, Orios Venture Partners and Matrix Partners. Read More

KKR Reaches USD1.1b Final Close for Debut Asia Credit Fund

KKR reached a USD1.1b final close for KKR Asia Credit Opportunities Fund, its debut pan-Asia credit fund. Read More

AfricInvest Reaches USD411m Final Close for Fund IV

AfricInvest reached a USD411m final close for AfricInvest Fund IV, surpassing its hard cap of USD400m. The fund will invest in mid-cap companies across diverse sectors in Africa. Read More

500 Global, Paragon Investment and SparkLabs Taipei Invest Pre-Series A for Hong Kong’s Spaceship

500 Global, Paragon Investment and SparkLabs Taipei invested an undisclosed pre-Series A for Hong Kong-based cross-border logistics startup Spaceship. Read More

DPI Acquires Stake in Côte d’Ivoire’s Groupe Cofina for USD60m; Mediterrania Exits

DPI acquired a minority stake in Côte d’Ivoire-based mesofinance and financial services institution Groupe Cofina for USD60m, providing an exit for Mediterrania Capital Partners. Read more here and h Read More

SoftBank Leads USD150m Series B for India’s Firework

SoftBank Vision Fund 2 led a USD150m Series B for Firework, an India-based livestreaming commerce and digital transformation platform. Read More