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Accel Leads USD64.6m Series B for Indonesian Fintech Xendit
Accel Partners led a USD64.6m Series B for Xendit, an Indonesia-based digital payments infrastructure startup focused on Southeast Asia, with participation from Y Combinator. Read More
Partech Leads USD230m Round for Czech Food Delivery Startup Rohlik
Partech led a USD230m round for Czech Republic-based food delivery startup Rohlik, with participation from Index Ventures, Quadrille Capital, RBRD, J&T Bank and R2G, with follow-on from Enern. Read More
CDPQ to Invest USD321m in JV with Telefónica and Launch FiBrasil
Caisse de dépôt et placement du Québec (CDPQ) and Telefónica Group have entered into an agreement for the construction, development and operation of FiBrasil Infraestrutura e Fibra Ótica (FiBrasil), an independent optical fiber network in Brazil. As part of the agreement, CDPQ has agreed to invest up to BRL1.8b (approximately USD321m) in the joint venture. CDPQ and Telefónica Group will… Read More
Sea Group to Allocate USD1b to Sea Capital
Singapore-based e-commerce giant Sea Group is allocating USD1b to Sea Capital, a new subsidiary that will invest in other tech firms. This follows Sea’s acquisition of Hong Kong-based Composite Capital Management. Composite founder David Ma, previously at Hillhouse Capital, will lead the unit. Read More
India Quotient, Omnivore and Accion Venture Lab Invest USD2m+ in Indian Agricultural Inputs Marketplace AGRIM
India Quotient, Omnivore, Accion Venture Lab, BlackBuck co-founder Rajesh Yabaji and Swiggy co-founder Rahul Jaimini have invested over USD2m in India-based BRB agricultural inputs marketplace AGRIM. Read More
Indus Valley Reaches USD17.5m Final Close for Debut Pakistan VC Fund
Indus Valley Capital has reached a USD17.5m final close for its debut fund targeting early-stage tech opportunities in Pakistan. Read More
Index Ventures Leads USD50m Series A for Turkish Mobile Gaming Startup Dream Games
Index Ventures led a USD50m Series A for Turkey-based mobile gaming startup Dream Games, with follow-on from Balderton Capital and Makers Fund. Read More
TVM Capital Healthcare Exits UAE’s CMRC via Sale to Amanat Holdings for USD232m
TVM Capital Healthcare has exited its investment in Cambridge Medical and Rehabilitation Center (CMRC), a post-acute care and rehabilitation services provider in the MENA region, via a sale to Amanat Holdings PJSC for USD232m. Read More
Gulf Capital Exits Egyptian Oil and Gas Company ECDC
Gulf Capital has exited its investment in ECDC Holding Corp (ECDC), an oil and gas drilling and production services provider in the Middle East and Africa. Read More
Tata Capital Acquires Minority Stake in Indian Pharmaceutical Company Linux Laboratories
Tata Capital Healthcare Fund has acquired a minority stake in Linux Laboratories, an India-based pharmaceutical company that manufactures medicines and products for segments such as central nervous system (CNS), dermatology and nutraceutical, for INR800m-INR1b (approximately USD10.8-13.5m). Read More
True North Acquires Minority Stake in Indian Pharmaceutical Company Anthem Biosciences
True North has acquired a minority stake in Anthem Biosciences, an integrated drug discovery, development and manufacturing services provider based in India. Read More
ARX Equity Partners Acquires Slovenia’s Instrumentation Technologies
ARX Equity Partners has acquired Instrumentation Technologies, a Slovenia-based developer of instrumentation for the particle accelerator and proton therapy markets, from the company’s founders. Read More