US International Development Finance Corporation (DFC) has approved a series of commitments for a combined USD130m to five funds, including up to USD30m to AfricInvest Fund IV to support health care and financial services across Africa; up to USD30m to South Asia Growth Fund II to support businesses… Read More
Saudi VC Impact46 led a USD36m Series A for Saudi Arabia-based food delivery startup Jahez. Read more… Read More
Valor Capital Group and Redpoint eventures led a USD47m Series B for Brazil-based bikeshare company Tembici, with participation from IFC and Joá Investimentos. Read more… Read More
Goldman Sachs led a USD100m Series C for Jushuitan, a Chinese SaaS platform backed by Sequoia China, with participation from CICC Capital and Blue Lake Capital. Read more… Read More
General Atlantic has exited Brazil-based educational software company Arco Platform via a secondary share offering of 5,563,203 Class A common shares at USD47.70 apiece. Read more… Read More
Riverstone has agreed to acquire 80% of two solar power plants in Mexico from Spain-based developer Opdenergy and to form Vera Renovables, a joint venture focused on the development of new renewable energy projects. Read more… Read More
Enterprise Investors has exited its 34.4% stake in Lithuania-based tour operator Novaturas for EUR4.9m (approximately USD5.5m) via a series of secondary transactions. Read more… Read More
SoftBank led a BRL120m (approximately USD22m) Series B for Brazil-based data company Cortex, with participation from Redpoint eventures and Endeavor Catalyst. Read more… Read More
Facebook and PayPal have invested an undisclosed amount in Indonesia-based ridesharing company Gojek as part of its ongoing Series F, along with existing investors Google and Tencent, reportedly bringing the funds raised to date to USD3b. Read more… Read More
ChrysCapital has acquired an additional 3% stake in India-based pharmaceutical company Intas for USD132m, providing an exit for Capital International. ChrysCapital originally invested in Intas in 2006, and the current investment brings its stake in the company to 6%. Read more… Read More
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