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Temasek Leads ~USD384.9m Equity and Debt Round for India’s Ola Electric
Temasek led a INR32b (~USD384.9m) equity and debt round for Ola Electric, an India-based electric scooter manufacturer, with participation from the State Bank of India. Read More
BluePeak Private Capital Reaches USD156m Final Close
BluePeak Private Capital reached a USD156m final close for its inaugural fund providing structured debt to homegrown businesses in Africa. Read More
BluePeak Private Capital Reaches USD156m Final Close
BluePeak Private Capital reached a USD156m final close for its inaugural fund providing structured debt to homegrown businesses in Africa. Read More
Quadria Capital Reaches ~USD500m First Close for Fund III
Quadria Capital reached a ~USD500m first close for its third fund focused on the healthcare sector in South and Southeast Asia. The vehicle has a USD800m target size. Read More
AfricInvest and Verod Capital Acquire Majority Stake in Nigeria’s iSon Xperiences
AfricInvest and Verod Capital acquired a majority stake in iSon Xperiences, a Nigeria-based customer service and outsourcing provider across 19 countries. Read More
India’s Niva Bupa Raises ~USD96.2m from Oswal Alternate Investment Advisors, Temasek and Others
Niva Bupa, an India-based health insurance company, raised INR8b (~USD96.2m) from Motilal Oswal Alternate Investment Advisors, Temasek, Paragon Partners and others. Read More
Morocco’s CASHPLUS Raises ~USD60.1m from Mediterrania Capital, FMO and IFC
Morocco-based financial service platform CASHPLUS raised EUR57m (~USD60.1m) in equity, including EUR30m from Mediterrania Capital, EUR17m from FMO and EUR10m from IFC. Read More
Adenia Acquires Majority Stake in South Africa’s Enfin
Adenia acquired a majority stake in Enfin, a South Africa-based solar financing solutions provider. Read More
LeapFrog Raises Significant Share for Emerging Consumer Fund IV
LeapFrog Investments raised a significant share for its fourth Emerging Consumer Fund focusing on financial services and healthcare businesses in global growth markets. The vehicle has a USD1b target set to close 29 February 2024. Read More
Singapore’s Rainforest Raises USD21.5m from Monk’s Hill Ventures, January Capital and Others
Singapore-based e-commerce brand aggregator Rainforest raised USD21.5m in convertible notes from Monk’s Hill Ventures, January Capital, Insignia Ventures Partners, Canopy Tropics and others. Read More
AIIM Invests Additional USD90m in South Africa’s NOA
African Infrastructure Investment Managers (AIIM) invested an additional USD90m in South Africa-based renewable energy platform NOA Group Holdings. AIIM first invested USD90m in November 2022. Read More
Monk’s Hill Ventures Leads Series A for Indonesia’s DELOS
Monk’s Hill Ventures led a Series A for DELOS, an Indonesia-based aquaculture-tech company. Read More