INVESTMENTS

► KKR and Vedanta Group invested USD175m in Serentica Renewables, an India-based renewable energy platform. KKR holds a 68% stake in the company, while Vedanta holds 32%. #Asia

► Temasek and Seraphim led a USD100m investment in Pixxel, an India-based satellite imaging company, with participation from 360 ONE Asset and IMM Investment, as well as follow-on from Radical Ventures and GrowX Ventures. #Asia

► Meituan Dragonball, Hillhouse Capital, Lenovo Capital and Guozhong Venture Capital Management participated in a CNY1.2b (~USD178.6m) pre-Series A for NovaFusionX, a China-based nuclear fusion technology company. The company was valued at more than CNY10b (~USD1.5b). #Asia

► Neo Wealth led a USD100m funding round for Slice, an India-based digital bank, with participation from Kado Global, Moore Strategic Ventures, Raise Financial and others. #Asia

► Gramercy Funds Management subscribed to the senior tranche of a COP195b (~USD63m) issuance for Kala, a Colombia-based fintech company. #LatinAmerica

► Peak XV Partners and Filter Capital led a USD50m investment in Nua, an India-based women’s wellness and hygiene brand, comprising ~USD14m in primary capital and secondary share sales that provided partial exits for Kae Capital, Lightbox VC and others. #Asia

► Novastar Ventures and Norrsken22 led a USD33.3m investment in ARC Ride, a Kenya-based electric mobility company focused on two- and three-wheelers, with participation from IFC, British International Investment and Proparco, and follow-on from Musashi Seimitsu and Talanton. #Africa

► Amethis invested in Zamara Holdings, a Kenya-based provider of pension administration, insurance brokerage and actuarial services operating across Africa. #Africa

► AfricInvest acquired a minority stake in Spoon Consulting, a Mauritius-based AI and digital transformation consultancy. #Africa

► KKR agreed to invest in Avisena Healthcare, a Malaysia-based healthcare provider. #Asia

► Avenue Capital and Astanor led an undisclosed equity investment in ProducePay, a US-based agricultural financing and technology platform operating across Latin America and other markets. #LatinAmerica

► CDG Invest Growth and Mediterrania Capital Partners agreed to acquire a stake in Société Nouvelle des Conduites d’Eau (SNCE), a Morocco-based water equipment and hydraulic projects company. #Africa

► KKR and Singtel completed the acquisition of ST Telemedia Global Data Centres (STTGDC), a Singapore-based data center operator with operations across Asia and Europe. #Asia

► Apis Partners agreed to acquire a 75% stake in Korridor Holdings, a Mauritius-based cross-border logistics payments platform operating across Sub-Saharan Africa, facilitating an exit for ECP. #Africa