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SoftBank and Carlyle Partially Exit India’s Delhivery Via IPO

The Carlyle Group and SoftBank partially exited India-based logistics company Delhivery through the company’s IPO on the BSE and NSE. The company’s reported valuation is USD4.9b. Read More

Pantheon Reaches USD834m Final Close for Second Senior Debt Fund

Pantheon reached a USD834m final close for Pantheon Senior Debt II USD, surpassing its initial target of USD500m. The fund will focus on senior private debt secondary investment opportunities globally. Read More

Phatisa Leads Investment in South Africa’s Lona Group

Phatisa, together with British International Investment (formerly CDC Group), Norfund and Finnfund, acquired a significant minority stake in South Africa-based citrus and fresh produce exporter Lona Group for an undisclosed amount. Read More

Alpha Wave, Info Edge & Kae Capital Lead USD25m Series B for India’s 1K Kirana

Alpha Wave Ventures, Info Edge Ventures and Kae Capital led a USD25m Series B for 1K Kirana, an India-based offline to online neighborhood store network. Read More

Aqua Capital Exits Brazil’s Puravida Via Sale to Nestlé

Aqua Capital agreed to sell 100% of Brazil-based foodtech Puravida to Nestlé Health Science, the health and wellness unit of Nestlé, for an undisclosed amount. Read More

Hamilton Lane, Krungsri Finnovate, UOB, Others Invest USD58m Pre-Series B for Singapore’s ADDX

ADDX, a Singapore-based trading platform for digital securities, raised a USD58m pre-Series B from SET Venture Holding, UOB, Hamilton Lane and Krungsri Finnovate. Read More

BBVA Acquires 36.12% Stake in Turkey’s Garanti for USD1.4b

BBVA acquired an additional 36.12% stake in Turkey-based bank Garanti for USD1.43b, bringing its stake to 85.97%. Read More

PIF Acquires 16.87% in Saudi Arabia’s Kingdom Holding for USD1.5b

The Public Investment Fund acquired a 16.87% stake in Kingdom Holding, the Saudi Arabia-based investment company controlled by Prince Alwaleed bin Talal, in a deal valued at USD1.5b. Read More

monashees, SoftBank, Tiger and Foundation Capital Invest USD150m Series C for Mexico’s Nowports

Mexico-based digital freight forwarder Nowports raised a USD150m Series C at a USD1.1b reported valuation from existing investors monashees, SoftBank Latin America Fund, Tiger Global and Foundation Capital. Read More

INCE Capital Leads USD30m Series A for China’s PhiGent Robotics

INCE Capital led a USD30m Series A for China-based autonomous driving solutions provider PhiGent Robotics, with follow-on from Atypical Ventures, 5Y Capital and GSR Ventures. Read More

BlueRun Ventures Reaches Combined ~USD819m Final Close Across Two Funds

China-based, early-stage VC BlueRun Ventures reached a combined CNY5.5b (~USD819m) final close for its third USD-denominated China fund and its third CNY-denominated fund. Read More

L Catterton To Invest in Mexico’s Crediclub

L Catterton Latin America agreed to acquire a significant minority stake in Mexico-based non-bank financial institution Crediclub. Read More