The SoftBank Vision Fund, a private investment fund managed by Japan-based technology conglomerate SoftBank, has led an investment of US$1 billion in India-based hospitality chain OYO Rooms. Venture capital fund managers Sequoia Capital and Lightspeed Venture Partners and principal investment firm Greenoaks Capital also participated in the funding round. The… Read More
Southeast Asia-focused venture capital fund manager Golden Gate Ventures has led a pre-Series B funding round of US$15 million for Shohoz, a Bangladesh-based ride-hailing and online ticket booking platform. Singaporean angel investor Koh Boon Hwee and early-stage venture capital firms Linear Venture and 500 Startups also participated in the funding… Read More
Private equity impact investors LGT Impact and Lok Capital have committed INR650 million (approximately US$9 million) in a Series C financing round for Unmeed Housing Finance, an India-based provider of home loans to low- and middle-income families. LGT invested INR600 million (approximately US$8.3 million), and Lok, which also participated in… Read More
Growth equity firm Great Hill Partners has agreed to exit Brazil-based data center operator Ascenty to Digital Realty Trust, a U.S.-based data center company, and Brookfield Infrastructure, an affiliate of global alternative asset manager Brookfield Asset Management, for US$1.8 billion. The acquiring consortium will provide an additional US$425 million in… Read More
Sub-Saharan Africa-focused impact investment firm Investisseurs & Partenaires has reached a final close for fund of funds I&P Développement 2 (IPDEV 2) with EUR21 million (approximately US$25 million) in capital commitments. Investors in the fund include the Adolf H. Lundin Charitable Foundation, the African Development Bank, BNP Paribas, Ceniarth, Soros… Read More
Global investment banking and asset management group Goldman Sachs has led a funding round totaling US$52 million for South Africa-based mobile financial services company JUMO. Other investors in the round include development finance institutions Proparco and Finnfund, as well as private equity and venture capital firms Vostok Emerging Finance, Gemcorp… Read More
Private equity fund managers Orchid Asia Group and TPG have led a US$110 million Series C round for China-based marketing solutions provider Duiba. The latter helps companies obtain and manage users on their apps and designs customer loyalty programs. The company operates a software-as-a-service platform and an interactive advertising platform. Read More
Global alternative investment manager KKR has raised US$500 million via the listing of a Certificado de Proyectos de Inversión (CerPi) on the Mexican Stock Exchange (BMV). The fund, which was listed under the ticker symbol KKR2PI 18D, will commit to other KKR investment vehicles and make co-investments in Mexico-based companies. Read More
Global impact investment firm Creation Investments Capital Management has invested MXN250 million (approximately US$13 million) for a minority stake in Mexico-based financial services company Pluscorp. Through its subsidiaries Sofoplus and Plusleasing, Pluscorp provides a range of credit products to individuals and companies. Read More
Africa-focused private equity fund manager AfricInvest has fully exited its stake in Kiboko Holdings, a Mauritius-based company with interests in pharmaceuticals, insurance and fast-moving consumer goods businesses in East Africa. AfricInvest committed EUR9.5 million (approximately US$14 million) to Kiboko through AfricInvest Fund II, a Sub-Saharan Africa-focused fund, in May 2011. Read More
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