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SAIF Partners, Twitter, Lightspeed, and Others Invest USD40m Pre-Series E for Indian Social Media Startup ShareChat
Existing investors SAIF Partners, Twitter, Lightspeed Venture Partners, and India Quotient, and new investors Hero MotoCorp chairman Pawan Munjal and DCM Shriram chairman Ajay Shridhar Shriram have invested a USD40m pre-Series E for India-based social media startup ShareChat. Read More
Carlyle Partially Exits Liderman Via Secondary Offering on Peruvian Stock Exchange
The Carlyle Group partially exited Peru-based security company Liderman via a secondary offering on the Peruvian stock exchange, picked up by Liderman management. Read More
GEF Capital Acquires 60% Stake in Brazilian Fertilizer Manufacturer Café Brasil for USD11m
GEF Capital Partners has acquired a 60% stake in Brazil-based specialty fertilizer manufacturer and distributor Café Brasil for BRL90m (approximately USD11m). Read More
Actis to Acquire 75% Stake in JV with GS E&C to Build USD315m Data Center in South Korea
Actis has agreed to acquire a 75% stake in a new joint venture with GS E&C, the construction arm of South Korean conglomerate GS Group. The JV will be focused on developing and operating a USD315m internet data center in Seoul, South Korea. Read More
Iron Pillar Leads USD23m Series C for Indian Device Management Platform Servify
Iron Pillar led a USD23m Series C for India-based device lifecycle management platform Servify, with participation from new investors Sparkle Fund, 57 Stars, SF Roofdesk Capital, Go Ventures, and MadhuKela Family Office, and follow-on from existing investors Tetrao SPF, Trifecta Capital, Blume Ventures, and Beenext. Read More
Valor Capital Leads USD4.6m Series A for Brazilian Fintech Quasar Flash
Valor Capital Group led a BRL25m (approximately USD4.6m) Series A for Brazilian SME-focused fintech Quasar Flash. Read More
KKR to Invest USD755m for 1.28% Stake in Reliance Industries’ Retail Unit
KKR has agreed to invest INR55.5b (approximately USD755m) in Reliance Retail Ventures, the retail unit of Indian conglomerate Reliance Industries, for a 1.28% stake. The investment reportedly brings Reliance Retail Ventures’ pre-money valuation to INR4.21t (approximately USD57b). In May 2020, KKR also invested USD1.5b in Reliance Industries’ Jio Platforms for a 2.3% stake. Read More
CDC, ARCH EM, ResponsAbility, FMO, Others Invest USD90m in Solar-Powered Home Energy Products Provider Greenlight Planet
A consortium of investors including ARCH Emerging Markets Partners, CDC Group, FMO, Norfund, ResponsAbility, SIMA Funds, Symbiotics, and Global Partnerships have invested USD90m debt and equity in Greenlight Planet, a solar-powered home energy products provider active in sub-Saharan Africa and South Asia. Read More
Valar Ventures Leads USD18.6m Series A for Singaporean Wealth Management Startup Syfe
Valar Ventures led a USD18.6m Series A for Singapore-based wealth management startup Syfe, with participation from Presight Capital and existing investor Unbound. Read More
Movile Leads ~USD11m Investment in Brazilian Fintech Zoop
Movile led a BRL60m (approximately USD11m) investment for Brazil-based B2B fintech Zoop. This is Movile’s third investment in the company since 2018. Read More
Wamda, Class 5 Global, and Others Make USD1.35m Seed Investment for Saudi SaaS Startup Penny Software
Wamda, Class 5 Global, Outliers VC, Plug and Play, and angel investors have made a USD1.35m seed investment in Penny Software, a Saudi Arabia-based software company for procurement management and B2B marketplace. Read More
Quona Capital, Elevator Ventures, Syngenta, and the Collective Spark Fund Lead USD5m Series A for Turkish Fintech Tarfin
Quona Capital, Elevator Ventures, Syngenta Ventures, and the Collective Spark Fund led a USD5m Series A for Turkey-based fintech Tarfin, with participation from Wamda. Read More