Poland-based VC OTB Ventures has reached a USD100m final close for its first early growth technology fund. The vehicle will invest in technology companies in Central and Eastern Europe. Read more… Read More
General Atlantic and Facebook led a USD100m Series E for Indian edtech Unacademy. Existing investors Sequoia Capital India, Nexus Venture Partners, Steadview Capital, and Blume Ventures also participated in the round, as well as Flipkart CEO Kalyan Krishnamurthy and… Read More
Africa-focused private equity fund manager Emerging Capital Partners has agreed to acquire the Burger King South Africa franchise and a related burger-making plant from Grand Parade Investments for ZAR697m (approximately USD46m). Read more… Read More
ARCH Emerging Markets Partners has agreed to commit up to USD16.5m in equity funding from its Africa Renewable Power Fund to CrossBoundary Energy to support C&I solar projects across Africa. Read more… Read More
Darby, emerging market private capital arm of Franklin Templeton, has completed a debt investment in Bloom Farm, a Mexican blueberry producer located in Jalisco. Transaction details were not disclosed. Read more… Read More
Apis Partners, Gobi Partners, MEC Ventures, and Riyad Taqnia Fund led a USD20m Series B for Indonesia-based AI enterprise software company Eureka AI. SG Innovate, GDP Ventures, Pacific Bridge, and Cianna Capital also participated in the round. They join existing investors in the company that include… Read More
Kinea, the alternative asset management subsidiary of Brazil-based financial services group Itaú, has agreed to acquire a minority stake in Brazil-based financial and retail technology company Matera for BRL100m (approximately USD23m). Read more… Read More
Brazilian private equity manager Oria Capital has reached a first close for Fund III, targeting USD100m. Investors include international institutional investor programs and Brazilian institutional investors. Read More
Middle East- and North Africa-focused venture capital fund manager Wamda Capital, Lebanon-focused venture capital firms Phoenician Funds and B&Y have participated in a USD6m Series A funding round for Dubai-based car shopping startup Seez. Read more… Read More
South Asia- and Africa-focused healthcare delivery platform Evercare, a portfolio company of TPG’s The Rise Fund, has acquired Bangladesh-based Apollo Hospitals Dhaka for BDT10b (approximately USD118m). The investment was made by The Evercare Health Fund, a vehicle acquired by TPG from The… Read More
(default archive template)