INVESTMENTS
► India Resurgence Fund, a vehicle co-managed by Piramal Group and Bain Capital Credit, agreed to acquire the active pharmaceutical ingredients and contract research and manufacturing services businesses of India-based Ind-Swift Laboratories for INR16.5b (~USD200m). #Asia
► Brazil-based digital lending platform Creditas raised USD70m+ in its second Series F extension from existing investors. #LatinAmerica
► China International Capital Corporation led a USD60m+ Series B for GRIT Biotechnology, a China-based developer of cell therapies specializing in tumor immunotherapy, with participation from Qianhai Ark, Liando Group, Yuanhe Capital and HeFangTian Venture Partnership, as well as follow-on from Sherpa Healthcare Partners, Decheng Capital and Matrix Partners China. #Asia
► AfricInvest agreed to invest USD40m in The British University in Egypt, a private university in Cairo. #Africa
► KKR agreed to acquire a majority stake in China-based pharmacy chain Ruirentang Pharmaceutical Group. #Asia
► Venturance Alternative Assets and Altis led a USD8m round for Talana, a Chile-based employee recruiting, compensation and training platform. #LatinAmerica
► Goat Capital led a USD2.4m seed round for Anchor, a Nigeria-based banking-as-a-service (BaaS) provider, with participation from FoundersX Ventures and Rebel Fund, as well as follow-on from Y Combinator and Byld Ventures. #Africa
► Integral Venture Partners acquired a majority stake in O'Fresh, a Romania-based office vending, coffee and water services provider for businesses. #CEE
EXITS
► Warburg Pincus sold a 4.2% stake in India-based IDFC First Bank for INR24.8b (~USD300m) through an open market transaction. #Asia