INVESTMENTS
► Apollo provided USD750m in financing for Mumbai International Airport, a subsidiary of India-based private airport operator Adani Airports Holdings. #Asia
► General Atlantic led a USD190m Series C for Klar, a Mexico-based personal finance management and lending platform, with participation from Prosus Ventures, Quona Capital, IFC and others. #LatinAmerica
► Welli, a Colombia-based medical treatment loans startup, raised a USD25m Series A from undisclosed investors. #LatinAmerica
► General Catalyst led a USD100m Series B for India-based drone manufacturer Raphe mPhibr, with participation from Amal Parikh, Think Investments and others. #Asia
► AppliedAI, a UAE-based generative AI workflow platform for industries such as banking and healthcare, raised a USD55m Series A from Middle East Venture Partners, G42, Bessemer Venture Partners and e&. #MiddleEast
► Brookfield Asset Management agreed to acquire a majority stake in Oman Tower Co., an operator of 2,400 telecommunications sites across the country. #MiddleEast
► Vietnam-based K-12 learning platform Galaxy Education raised ~USD10m from East Ventures and others. #Asia
► Jadwa Investment acquired a majority stake in Makhazen Alenaya, a Saudi Arabia-based beauty and personal care retailer. #MiddleEast
► Peak XV Partners led a USD5m seed round for Better Auth, an Ethiopia-based open-source framework for developers to manage user authentication, with participation from Y Combinator, P1 Ventures, Chapter One and others. #Africa
► 500 Global and Sanabil Investments announced the ninth batch of the Sanabil Accelerator, featuring a new cohort of startups focused on driving innovation and growth across sectors such as AI, fintech, edtech, climate tech, SaaS and proptech. #MiddleEast
FUNDRAISING
► Amicus Capital reached a USD214m final close for its second buyout fund focused on SMEs across India. The vehicle exceeded its USD200m target. #Asia
► Kaya reached a EUR70m (~USD81.2m) first close for its fifth fund focused on investing in startups across Central and Eastern Europe. #CEE
EXITS
► CEECAT, Morphosis Capital and EBRD fully exited their 70% stake in La Cocoş, a Romania-based discount retailer, via a sale to Schwarz Group. #CEE
► TPG partially exited its stake in India-based pharmaceutical research company Sai Life Sciences for INR15b (~USD173.5m) via a block deal. #Asia
► Axxon Group exited its stake in BR Marinas, a Brazil-based marina developer and operator. #LatinAmerica