International Finance Corporation has provided USD2.5m in financing to New Crystal, a Ghana-based health care group providing medical services to lower-middle-income and low-income patients. Read more… Read More
Ultracheese, a company controlled by Latin American agribusiness private equity fund manager Aqua Capital, has acquired Brazil-based buffalo milk cheese manufacturer Búfalo Dourado for an undisclosed amount. Read more… Read More
Global private equity firm CVC Capital Partners has reached a USD4.5b final close for its fifth Asia Pacific fund, surpassing its initial target of USD4b. Read more… Read More
Chinese AI technology developer Intellifusion has secured nearly USD141m in a pre-IPO round led by Utrust VC, Forebright Capital, and existing investor Walden International. Other investors in the round include CCB International, BOCOM International, BOC & Trust Private Equity Fund, Topping Capital, Tsinghua Holdings Capital, HCSD Capital, Sino-US… Read More
MENA-focused venture capital firm Raed Ventures led a USD6.6m Series A for Saudi Arabia-based digital B2B marketplace Sary, with participation from MSA Capital and Derayah Ventures. Read more… Read More
VC firm Lightbox Ventures led a USD10m debt and equity financing round for India-based furniture rental startup Furlenco. Lightbox and Dabur scion Saket Burman, who invested through his personal investment arm Chowdry Associates, provided equity financing. A group of ultra-high-net-worth individuals including Kris Gopalakrishnan, former CEO of Infosys,… Read More
Openspace Ventures and Intudo Ventures co-led a USD17m Series A+ for Indonesia-based agtech TaniHub, with participation from UOB Venture Management, Vertex Ventures, BRI Ventures, Golden Gate Ventures, and Tenaya Capital. Read more… Read More
Emerging markets impact investor LeapFrog Investments led a USD55m Series D for India-based genetic diagnostics firm MedGenome, with participation from existing investors Sofina and Sequoia Capital. Read more… Read More
Africa-focused private equity fund manager Adenia Partners has completed the sale of its 95% stake in Mauritian paint and coatings manufacturer Mauvilac to paint manufacturer AkzoNobel. Read more… Read More
China-focused private equity fund manager Hillhouse Capital led a USD1b Series F for Chinese edtech Yuanfudao, with participation from Boyu Capital as well as existing investors Tencent and IDG Capital. The funding increases Yuanfudao’s reported valuation to USD7.8b. Read more… Read More
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