Warburg Pincus has sold a 14.5% stake, a third of its overall stake, in India-based registrar and transfer agent CAMS for INR7.5b (approximately USD102m) ahead of the company’s IPO on 21 September 2020. Warburg will retain a 29% stake in the company. Read more… Read More
Endeavor has reached a USD134m final close for its third co-investment vehicle, Endeavor Catalyst Fund III, through which the firm will continue investing in the Series A, B, and C of Endeavor Entrepreneurs. Read more… Read More
KKR has reached a USD11b+ first close for its KKR Asian Fund IV. The vehicle, which targets USD12.5b, will make pan-Asia investments with a focus on control buyout transactions. Read more… Read More
FMO has committed USD10m to XSML’s African Rivers Fund III, a vehicle targeting investments in SMEs in Central and Eastern Africa which reached a USD54m first close in September 2020. Read more… Read More
A consortium of investors led by Naver Corporation and including Mirae Asset-Naver Asia Growth Fund and NH Investment & Securities has invested USD80m in Singapore-based online classifieds marketplace Carousell. Read more… Read More
Existing investor General Atlantic led a USD200m investment for Uruguay-based cross-border payment processor dLocal, with participation from Addition. The deal brings dLocal’s valuation to USD1.2b, making it the first unicorn in Uruguay. Read more… Read More
VentureFriends led a EUR10m (approximately USD12m) debt and equity funding for Spotawheel, a used car marketplace with operations in Greece and Poland, with participation from existing investors Velocity Partners and FJ Labs. Read more… Read More
Ezdehar Management has acquired an undisclosed stake in Egypt-based health care group Al Tayseer Healthcare Group through Ezdehar Egypt Mid-Cap Fund. Read more… Read More
Goldman Sachs Merchant Banking, the private capital arm of Goldman Sachs, led a BRL120m (approximately USD22.5m) investment for Brazil-based fintech iugu. Read more… Read More
Tiger Global Management, TPG Tech Adjacencies, ChrysCapital, and Footpath Ventures have invested USD225m in Dream Sports, the parent company of India-based fantasy sports app Dream11. The investment brings Dream Sports’ valuation to USD2.5b. Read more… Read More
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