Invest2Innovate, an accelerator program for technology start-ups in emerging markets, has launched a $15 million venture capital fund focused on Pakistan.
The fund, i2i Ventures, will invest in seed rounds for start-ups graduating from Invest2Innovate’s Pakistani program as well as in the broader technology ecosystem. It will also invest up to $1 million...
Justin Ryan, a managing partner at Quadrant Private Equity and latterly head of the Australian firm’s growth strategy, is stepping back from day-to-day investment activity.
KKR has contributed JPY4 billion ($37 million) to a JPY6.6 billion funding round for Netstars, a Japanese QR code payment gateway operator. SIG and Lun Partners, a Hong Kong-based global financial technology investor, also took part.
Pine Labs, an India payments start-up backed by MasterCard, PayPal, and Sequoia Capital India, has acquired Fave, a Malaysian counterpart also backed by Sequoia India, for $45 million.