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Sequoia Capital India and Sofina Invest USD20m Bridge Round for Indian Craft Beer Brand Bira 91
Sequoia Capital India and Belgium-based investment company Sofina have invested USD20m in a bridge round for Bira 91, a brand owned by India-based craft beer maker B9 Beverages. Read More
Private Capital-Backed Chinese Drug Developer Akeso Biopharma Raises USD333m via IPO on HKEX
Private capital-backed Chinese biopharmaceutical company Akeso Biopharma has raised USD333m in an IPO on the Hong Kong Stock Exchange. Read More
InVent Leads USD8.2m Extended Series A for Singaporean Insurtech Igloo
InVent, the corporate venture capital arm of telecommunications firm Intouch Holdings, led a USD8.2m extended series A for Singapore-based insurtech Igloo (formerly known as Axinan), with participation from existing investors Openspace Ventures and Linear Capital. Read More
IFC Commits up to USD25m to Archipelago Asia Focus Fund II
IFC has agreed to commit up to USD25m to Archipelago Asia Focus Fund II, a Southeast Asia-focused fund managed by Archipelago Capital. Read More
Bytedance, Falcon Edge, Goldman Sachs, and Sofina Invest USD23.5m Series G for Indian News Aggregator Dailyhunt
Existing investors Bytedance, Falcon Edge, Goldman Sachs, and Sofina have invested USD23.5m in an ongoing Series G for India-based vernacular news aggregation app Dailyhunt. Read More
International Fund for Agricultural Development Commits USD9m to Bamboo Capital’s Agri-Business Capital Fund
Specialized United Nations agency and international finance institution International Fund for Agricultural Development (IFAD) has committed USD9m to Bamboo Capital’s blended capital impact vehicle Agri-Business Capital (ABC) Fund. IFAD has announced that going-forward they will be able to directly fund private sector entities and invest in funds targeting rural SMEs. Read More
500 Startups and Saudi Venture Capital Lead Seed Round for Saudi SaaS Company Taker
Global VC 500 Startups and Saudi Venture Capital have invested an undisclosed amount in a seed round for Saudi SaaS company Taker. Read More
Tata Capital Invests USD5m in Indian SaaS Firm Indusface Consulting
Tata Capital has invested INR380m (approximately USD5m) in India-based SaaS firm Indusface Consulting via Tata Capital Growth Fund II. Read More
ALLVP and NFX Lead USD5.3m Seed Round for Mexican Logistics Startup Nuvocargo
Mexico-focused venture capital firm ALLVP and US-based VC NFX led a USD5.3m seed round for Nuvocargo, a logistics startup focused on US/Mexico cross-border trade, with participation from One Way Ventures, Maya Capital, Magma Partners, the co-founders of Rappi, the former CMO of Cabify, and other angel investors. Read More
Openspace and GAW Capital Lead USD8.3m Series A+ for Singaporean Cleantech SensorFlow
Southeast Asia-focused venture capital fund manager Openspace Ventures and real estate-focused private equity fund manager Gaw Capital Partners led a USD8.3m Series A+ for Singapore-based cleantech SensorFlow, with participation from Pierre Lorinet and Aurum Investments. Read More
Warburg Pincus Makes USD70m Follow-on Investment in India’s Apollo Tyres
Warburg Pincus has made a USD70m follow-on investment in India-based tire maker Apollo Tyres, raising its stake in the company to 18%. Warburg Pincus previously invested USD150m in February 2020. Read More
Digital Colony Management Acquires Brazilian Digital Infrastructure Company UD Tecnologia for USD280m
Digital Colony, the infrastructure investment platform of Colony Capital, has acquired Brazil-based digital infrastructure company UD Tecnologia for reportedly USD280m. Read More