INVESTMENTS
► KKR, OTPP and Trust Investment Advisors invested INR55b (~USD640m) in Highways Infrastructure Trust, an India-based trust that manages and operates highways across the country. #Asia
► AC Ventures and AppWorks led a Series A+ for Soul Parking, an Indonesia-based motorcycle parking management platform, with participation from Taiwan Mobile, USPACE and Wavemaker Ventures. #Asia
► EBRD acquired a minority stake in eTravel, a Poland-based business travel management company. #CEE
► Pudong Venture Capital and Value Partners Group led a USD100m+ Series E for Insilico Medicine, an AI-powered biotechnology firm with facilities in Hong Kong, with participation from Warburg Pincus. #Asia
► DFC, IFC and Google invested USD90m in Cassava Technologies, an information and communications technology platform operating in over 30 countries across Africa. #Africa
► responsAbility completed a mezzanine investment in Bisedge, a Nigeria-based provider of electric logistics solutions. #Africa
► ArtCap Strategies provided a USD40m senior loan to Island Finance, a Trinidad and Tobago-based loan provider. #LatinAmerica
► Balderton Capital led a USD30m Series A for Grand Games, a Turkey-based gaming studio, with follow-on from Bek Ventures, Laton Ventures and angel investor Mert Gür. #CEE
► Wa'ed Ventures led a USD30m Series A for Zension Technologies, a Saudi Arabia-based aftersale services provider, with participation from Sumitomo Corporation and Global Ventures. #MiddleEast
► IFM Investors acquired Aleatica, a Mexican transportation infrastructure operator, in a transaction valued at USD8.2b. #LatinAmerica
FUNDRAISING
► Riza Asset raised BRL123m (~USD20.1m) for renewable energy infrastructure in Brazil. #LatinAmerica
► Accel raised USD650m for its eighth VC fund focused on early-stage tech investments in India. #Asia
► Big Bets reached a BRL150m (~USD24.5m) first close for Big Bets Fund II focused on software companies in the seed and pre-seed stages. #LatinAmerica
EXITS
► Northstar Group exited its stake in MG Group, an Indonesia-based B2B hospitality marketplace, via a sale to Creador. #Asia
► INVL agreed to exit InMedica Group, a Lithuania-based private healthcare network, via a sale to Mehiläinen. #CEE