Westbridge Capital has exited India-based gaming and sports media company Nazara Technologies to Plutus Wealth Management via a share sale worth INR5b (approximately USD68.5m). Read more… Read More
Warburg Pincus has agreed to invest USD100m in BoAt, an India-based consumer electronics startup which sells low-cost bluetooth speakers and other personal electronics products. Read more… Read More
Trustbridge Partners led a USD500m funding round for China-based healthtech DXY, with participation from Tencent and GL Ventures. Read more… Read More
IDB Invest, HBM Healthcare Investments, and Morgan Rio Capital Management have invested a USD18m Series B in Colombia-based digital pharmacy Farmalisto. Read more… Read More
The European Investment Bank (EIB) has approved USD156m in commitments to six Africa-focused funds, including: USD50m to AfricInvest IV; USD20m to Alitheia IDF‘s Gender Smart Fund; USD30m to WDB Equity Fund; USD25m to BluePeak Private Capital‘s maiden private credit fund; USD12.5m to Atlantica Venture Capital Fund; and USD18.5m… Read More
QED Investors led a USD17.5m Series A in Betterfly (formerly Burn to Give), a Chilean certified B-Corp insurtech providing life insurance to SMEs and incentivizing policyholder’s wellbeing with subsidized coverage. Read more… Read More
Oceanpine has reached a USD400m final close for its second fund targeting investments in tech and health care. Read more… Read More
Alibaba, Tiger Global, SoftBank Vision Fund, Sequoia Capital China, and FountainVest Partners have invested a USD1.6b Series E for China-based edtech Zuoyebang. Read more… Read More
Mountain Nazca led a USD17.5m Series A for Crehana, a Peru-based online learning platform, with participation from Endeavor Catalyst, IFC, and Salesforce Ventures. Alive Ventures, Dila Capital, and Rethink Education followed on. Read more… Read More
Yunfeng Capital has invested USD300m in China-based edtech Yuanfudao, bringing the overall funding raised by the company in 2020 to USD3.5b. In March 2020, Hillhouse led the company’s USD1b Series F, and in October 2020, Tencent and DST Global led the company’s USD2.2b Series G. Read more… Read More
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