DXA Investments completed its first investment from its Excelsior II Fund by taking a minority stake in Brazilian encryption software provider SIKUR. Financial terms of the transaction were undisclosed. (WSJ)…
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Smartphones
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General Atlantic and SoftBank made an undisclosed investment in Mexican payments startup Clip. Reuters reports a round near US$100m at a valuation near US$400m. (Reuters) Japan’s SoftBank Group invested about…
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Naspers & Innova Capital Invest US$82m in Movile to Expand iFood
7 December 2017South Africa-based media conglomerate Naspers and private equity firm Innova Capital made a US$82m investment in Movile to increase the company’s stake in iFood. (TechCrunch) To hear Naspers and the…
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Capital Invent and E Capital led a US$2m investment in Rescata, a Mexican cellphone recycling platform, with the participation of previous investors. (Press Release) Nos emociona mucho comunicarles que junto…