INVESTMENTS
► Amethis acquired a majority stake in KTG, an Egypt-based vertically integrated textile manufacturer. #Africa
► Infinite Partners and Public Investment Corporation acquired a strategic interest in South Africa-based fiber network operators Net Nine Nine, Evotel and LinkLayer. #Africa
► Apis Partners and KRAFTON led a USD53m investment in India-based payments aggregator Cashfree Payments. #Asia
► Egypt-based financial services platform Khazna raised a USD16m pre-Series B from Quona, Speedinvest, Aljazira Capital and others. #Africa
► Prosus Ventures led a USD10m seed round for qeen.ai, a UAE-based developer of an AI support platform for e-commerce businesses. #MiddleEast
FUNDRAISING
► BOCEL Private Equity reached a USD80m first close for its second fund focused on mid-sized companies with a presence in Mexico and the US. #LatinAmerica
► Lever VC raised USD50m for its second fund focused on the agrifood sector. #Global
EXITS
► India-based eyecare provider Dr. Agarwal’s Health Care raised USD347m through an IPO on the NSE and BSE, facilitating partial exits for TPG and Temasek. #Asia
► Diagnostyka, a Poland-based provider of medical diagnostic services backed by MidEuropa, raised EUR400m (~USD413m) through an IPO on the Warsaw Stock Exchange. #CEE
► ACON Investments exited Vitalis, a Colombia-based manufacturer of injectable pharmaceutical products, via a strategic sale to Laboratorios Sanfer, a Mexico-based pharmaceutical company. #LatinAmerica
► Southern Cross Group agreed to exit ATRIA, a Latin America-based port services and river transportation group, via a sale to Rocktree Logistics Group, a global infrastructure service provider. #LatinAmerica