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Ribbit Capital Leads ~USD35.8m Series A for Brazil’s Justos
Ribbit Capital led a ~USD35.8m Series A for Justos, a Brazilian pre-launch car insurance platform, with participation from GGV and SoftBank, and follow-on from KASZEK, BigBets and angels David Velez (Nubank) and Carlos Garcia (Kavak). Read More
SoftBank Leads USD75m Series C for Brazil’s Pipefy
SoftBank invested USD50m in a USD75m Series C for Pipefy, a Brazil-based low-code BPO platform, with participation from Steadfast Capital and follow-on from Redpoint eventures and Insight Partners. Read More
OTB Ventures and Speedinvest Lead USD10m Seed Round for Lithuania’s kevin.
OTB Ventures and Speedinvest led a USD10m seed round for Lithuania-based fintech infrastructure startup kevin., with participation from OpenOcean and Global PayTech Ventures. Read More
Carlyle Leads USD47m Series A for China’s BiOligo
The Carlyle Group, through its Carlyle Beijing Partners Fund II, led a ~USD47m Series A for BiOligo, a China-based in vitro diagnostics raw material supplier. Read More
Rocketship.vc and Vulcan Capital Lead USD78m Series B for India’s Teachmint
Rocketship.vc and Vulcan Capital led a USD78m Series B for Teachmint, an India-based edtech infrastructure provider, with participation from Goodwater Capital and Epiq Capital and follow-on from Learn Capital, CM Ventures, Lightspeed India and Better Capital. Read More
Tiger Global and Vitruvian Partners Lead ~USD100m Series E for India’s Porter
Tiger Global and Vitruvian Partners led a ~USD100m Series E for India-based intracity logistics startup Porter, with follow-on from Sequoia Capital and Lightrock India. Read More
Sequoia, Lightspeed, OTPP, Others Invest USD420m in FTX
FTX, a crypto exchange formerly based in Hong Kong, raised ~USD420m at a USD25b reported valuation from a group of investors including Sequoia Capital, Lightspeed Venture Partners, Tiger Global, Ribbit Capital, Sea Capital, Institutional Venture Partners, Iconiq Growth, BlackRock, Temasek and Ontario Teachers’ Pension Plan Board. Read More
CVC Capital Partners Acquires Ahmedabad IPL Franchise for ~USD745m
CVC Capital Partners acquired the Ahmedabad Indian Premier League franchise, a cricket franchise based in India, for INR56b (~USD745m). Read More
Tiger Global and Falcon Edge Lead USD251m Series E for India’s CRED
Tiger Global and Falcon Edge Capital led a USD251m Series E for India-based fintech CRED at a reported ~USD4b valuation, with participation from Marshall Wace and Steadfast, and follow-on from DST Global, Insight Partners, Coatue, Sofina, RTP and Dragoneer Investment Group. Read More
Duquesne Family Office and Vitol Lead USD50m Series B for Turkey’s VavaCars
Duquesne Family Office and Vitol led a USD50m Series B for VavaCars, a Turkey-based auto resale marketplace. Read More
Kora Capital Leads USD75m Series C for India’s Clear
Kora Capital led a USD75m Series C for India-based fintech SaaS Clear, the maker of tax software ClearTax, with participation from Stripe, Alua Capital, Think Investments and others. Read More
Alkeon, Lone Pine, Steadfast, Others Invest USD251m Series E for India’s Groww
India-based investing platform Groww raised a USD251m Series E at a USD3b reported valuation from Alkeon, Lone Pine Capital, Steadfast and existing investors Sequoia Capital India, Ribbit Capital, YC Continuity, Tiger Global and Propel Venture Partners. Read More