Industry Newsroom

Industry News

  • Ibtikar Invests in Inggez

    Palestine-based fitness application Inggez has secured an investment from Middle East-focused venture capital firm Ibtikar Fund. Inggez partners with a variety of gyms and fitness studios, offering users on-demand access to fitness...Learn More

  • 2C2P Raises USD52 Million from IFC, Cento, and Arbor

    Singapore-based digital payments platform 2C2P has raised USD52 million in new funding from global development finance institution IFC and Asia-focused venture capital investors Cento Ventures and Arbor Ventures. 2C2P operates across...Learn More

  • Nexxus Exits Krispy Kreme Mexico

    Mexico-focused private investment fund manager Nexxus Capital has divested its stake in Krispy Kreme Mexico, a Mexico-based subsidiary of Taco Holding, to the global brand owner Krispy Kreme Doughnut Corporation. Nexxus began...Learn More

  • Paytm Raises USD1 Billion from T. Rowe Price, SoftBank, Ant Financial, and Display Capital

    India-based digital payments company Paytm has raised USD1 billion in an investment round led by US-based asset manager T. Rowe Price. Additional participants in the round, which reportedly values the company at USD16 billion, include...Learn More

  • Heetch Secures USD42 Million Series B from AfricInvest, Cathay Capital, Total Ventures, and Others

    Heetch, a France-based ride hailing mobile platform, has secured USD42 million in Series B funding for expansion in francophone Africa. Pan-African private equity and venture capital fund manager AfricInvest will contribute USD4...Learn More

  • Patria to Sell Argo Energia for USD835 Million

    Brazil-focused alternative asset manager Patria Investments has agreed to sell Argo Energia, a Brazil-based power transmission company, to Colombia-based Energía Bogotá and Spain-based Rede Eléctrica for BRL3.5 billion...Learn More

  • V4C to Acquire Majority Stake in Summa Linguae

    Poland- and Central Europe-focused private equity fund manager Value4Capital (V4C) has agreed to acquire a majority stake in Summa Linguae Technologies, a Poland-based language technology service provider, for PLN54 million...Learn More

  • Cepheus Capital Acquired Minority Stake in Tarbor Ceramics

    Ethiopia-focused fund manager Cepheus Growth Capital Partners has acquired a minority stake in Tabor Ceramics Products, an Ethiopia-based ceramic products manufacturer. The company, which produces tiles, sanitary ware, tableware, and...Learn More

  • VTEX Secures USD138 Million from SoftBank, Gávea, and Constellation

    Brazil-based e-commerce software company VTEX has secured BRL580 million (approximately USD138 million) in funding from Japan-based technology and investment conglomerate SoftBank and Latin America-focused asset managers Gávea...Learn More

  • Ping An Capital, Primavera, and Junqian to Acquire Junlebao

    China-focused investors Ping An Capital, Primavera Capital, and Junqian Management have agreed to acquire a 51 percent stake in China-based dairy products producer Junlebao for CNY4 billion (approximately USD569 million) from parent...Learn More