Y Combinator Continuity Fund led a USD30m Series C for India-based wealth management platform Groww, with participation from existing investors Sequoia Capital, Ribbit Capital, and Propel Venture Partners. Read more… Read More
Tiger Global has invested INR7.6b (approximately USD102.5m) in the ongoing Series J for India-based food delivery startup Zomato at a valuation of USD3.4b. Read more… Read More
Vinci Partners has acquired a minority stake in Brazil-based digital bank Agibank for BRL400m (approximately USD75m). Read more… Read More
L Catterton and Future Positive led a USD85m Series C for Chile-based foodtech NotCo. Read more… Read More
Existing investors EV Growth and Jungle Ventures, and new investors including Softbank Ventures Asia, EMTEK Group, Pavilion Capital, and Redbadge Pacific have invested a USD100m Series B for Indonesia-based logistics startup Waresix. Read more… Read More
Warburg Pincus has partially exited its 55.1% stake in Brazil-based pet products retailer Petz via the company’s BRL3b (approximately USD563m) IPO. Warburg originally invested in the company in 2013 and will now retain a 5% stake. Read more… Read More
Vertex China, a VC affiliated to Temasek-owned Vertex Holdings, has reached a USD438m final close for its first RMB-denominated fund. The vehicle will target investments in deep tech, digital economy, and biomedicine in China. Read more… Read More
Silver Lake has invested INR75b (approximately USD1.02b) in Reliance Retail Ventures, the retail unit of Indian conglomerate Reliance Industries, for a 1.75% stake. Read more… Read More
General Atlantic, Abu Dhabi Investment Authority, Mubadala Investment Company, TPG, GIC, and Silver Lake’s co-investors have invested a combined USD3.4b in Reliance Retail Ventures, the retail unit of Indian conglomerate Reliance Industries, for a cumulative 5.65% stake in the company. Read more here and here … Read More
China Renaissance led a USD300m investment for China-based liquor distiller Chongqing Jiangxiaobai Liquor Co., with participation from Baillie Gifford & Co. and China Merchants Bank International Capital Corp. Read more… Read More
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