INVESTMENTS
► SK Finance, an India-based NBFC for SMEs and vehicles, raised a INR13.28b (~USD160m) round from Motilal Oswal Alternates, Duro Capital, Axis Alternatives, Ananta Capital and Mirae Asset Venture Investments, with follow-on from Baring Private Equity India, TPG Growth and Norwest Venture Partners. #Asia
► A consortium led by Actis acquired a telecom tower portfolio from Telekom Srbija, a Serbia-based telecommunications operator. The deal includes 1,800 macro towers across Serbia, Bosnia & Herzegovina and Montenegro. #CEE
► Orienspace, a China-based rocket developer, raised a CNY600m (~USD84m) Series B from Liangxi Science and Technology Innovation Industry Fund of Funds, Hongtai Aplus, Xin Ding Capital, HIKE Capital and others. #Asia
► Celadon Partners led a USD21m Series A for Genetic Design and Manufacturing Corporation (GDMC), a Singapore-based biotech firm focused on genetic therapies, with participation from WI Harper Group, SEEDS Capital and NSG Ventures. #Asia
► Golden Gate Ventures led a seed round for Arkadiah, a Singapore-based climate tech solutions provider for nature restoration projects, with participation from The Radical Fund and Money Forward Venture Partners (HIRAC Fund). #Asia
► KKR acquired ~1,100 wireless communications towers from Tigo Colombia, a subsidiary of telco services provider Millicom. KKR will lease the tower assets back to Tigo Colombia post-close. #LatinAmerica
► Shamba Pride, a Kenya-based online-to-offline platform for farmers, raised a USD3.7m equity and debt pre-Series A from EDFI AgriFI and Seedstars Africa Ventures. #Africa
► NativeX, a Vietnam-based English learning platform, raised a USD1.3m seed round from Northstar Ventures and Ansible Ventures. #Asia
FUNDRAISING
► Multiples Alternate Asset Management reached a ~USD800m final close for its fourth fund to invest in India’s green economy, financial services, pharma & healthcare and consumer & enterprise technology sectors. #Asia
► Clime Capital reached a USD127m first close for its second Southeast Asia Clean Energy Fund focused on early-stage renewable energy generation, energy efficiency, electric mobility and electrical grid businesses in Vietnam, Indonesia and the Philippines. #Asia
► FINSA, an industrial park developer, reached a USD340m first close for FINSA V Investment Fund. The fund has a USD600m target to invest in industrial real estate developments catering to the automotive, manufacturing, electronics, logistics and pharmaceutical industries in Mexico. #LatinAmerica
EXITS
►Bessemer Venture Partners and Investcorp partially exited India-based medical insurance provider Medi Assist Healthcare Services for INR5.36b (~USD65m). #Asia
► Advent International exited Sophos Solutions, a Colombia-based digital banking platform, through a sale to GFT Technologies, a multinational developer of IT solutions for digital transformation in the finance, insurance and manufacturing industries. #LatinAmerica
► Heliconia Capital, a wholly-owned unit of Temasek, partially exited Medical Saigon Group, a Vietnam-based eye hospital chain, via a sale to KKR. #Asia
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