Private Equity

Japan’s NTT Data buys majority in SE Asian payments provider GHL, Apis Partners exits

Apis held a 10.04% stake, making it the second largest shareholder in the company.

Private Equity

IFC invests $75m in Apis Partners’s new fund to support mid-cap firms in Asia, Africa

IFC has also allocated an additional $25m for selectively investing alongside the fund in Apis portfolio companies.

Deals

Data Vantage: Giift, etaily, Honest Bank, Oyika and Aicadium receive capital

Giift issued shares to UK-based private equity firm Apis Partners and another investor last week.

Deals

Indian insurtech startup RenewBuy gets $40m boost from Japan’s Dai-ichi Life

The funding is part of an ongoing Series D funding round

Analysis

Indonesian B2B payments firm DOKU bets on SMEs, M&As to drive growth

The company claims to have turned profitable in Q4 last year.

Private Equity

London-based Apis Partners bucks the trend with three portfolio exits this year

It is in the market to raise its third fund worth $500m for investments in SE Asia, South Asia, and Africa.

Analysis

Editor’s take: The week that was — April 3-8

A quick recap of all that happened in the PE-VC world in the week gone by.

Private Equity

Apis Partners seeks $500m for latest Asia, Africa fund; IFC may come in as LP

IFC is considering an investment of up to $60m in the fund.

Deals

Indian fintech Money View enters soonicorn club after raising $75m from Apis Partners, others

In March, Money View had raised $75m in a Series D funding round from Tiger Global, and others.

Deals

Data Vantage: Apis backs DT One, Rey Assurance raises funding, and more

DT One has bagged a $15 million investment from Apis Growth Fund II.