Sequoia Capital China led a USD2b funding round for China-based community grocery shopping app Xingsheng Youxuan, with participation from FountainVest Partners, Primavera Capital Group, KKR, Tencent Holdings, Temasek, and China Evergrande Group. Read more… Read More
MGM Innova Capital has invested USD4m in Wirewatt, a Mexico-based clean energy financing platform providing loans to homeowners and SMEs to finance solar, battery, and other energy-efficiency improvement projects. Read more… Read More
Arlon Group and FitPart have invested BRL100m (approximately USD18.5m) in Sotran, a Brazil-based logistics solutions company serving the agribusiness sector. Read more… Read More
Turkven has sold its 32.81% stake London-listed DP Eurasia, the exclusive master franchisee of the Domino’s Pizza brand in Turkey, Russia, Georgia, and Azerbaijan, to Jubilant Foodworks, which already runs the Indian unit of Domino’s Pizza, for GBP25m (approximately USD34.8m). Read more… Read More
Invus Opportunities and SoftBank led a USD84.5m round for Brazil-based edtech Descomplica, with participation from Valor Capital Group, Península Participações, Chan Zuckerberg Initiative, and Amadeus Capital Partners. The Edge, guitar player of Irish rock band U2, also joined the round. Read more… Read More
Share Capital led a CNY600m (approximately USD93m) Series C for Binhui Biotech, a China-based biotechnology company focused on the development of oncology immunotherapies, with participation from CICC Capital, Vertex Ventures China, and Shenzhen Capital Group, and follow-on from Lapam Capital. Read more… Read More
The Carlyle Group, through its Carlyle Asia Partners V, has agreed to invest USD200m in South Korea-based mobility-as-a-service (MaaS) platform Kakao Mobility. Read more… Read More
Avataar Ventures has reached a USD100m final close for its opportunity fund. The vehicle will target investments in B2B and SaaS companies and will invest follow-on rounds for existing portfolio companies. Read more… Read More
Warburg Pincus has agreed to exit its stake in Bharti Telemedia, the direct-to-home (DTH) satellite television services arm of Indian telecom services provider Bharti Airtel, via a share buyback worth USD429.5m in cash and shares. Read more… Read More
Metier, through its Sustainable Capital Fund, has made an undisclosed investment in Energy Vision, a provider of clean and cost-effective energy solutions for telecom towers across Africa. Read more… Read More
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