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Category: digital

Sequoia Capital reups in digital mortgage business Snapdocs through $60m Series C

Digital mortgage solution Snapdocs has closed its Series C round on $60m to continue a strong period of growth.

Digital insurer Cover Genius said to pick up another venture capital-backed funding round

Digital insurer Cover Genius has reportedly raised £8.3m in its latest funding round as it looks to expand its product offering.

Actis powers up digital infrastructure investing with ZAR2.3bn Octotel buyout

Global emerging markets private equity major Actis has agreed a ZAR2.3bn ($140m) buyout of South African fibre network operator Octotel.

KKR buys into Reliance Retail at $57bn valuation as firms scramble to back business

KKR has followed private equity peer Silver Lake in picking up a stake in the retail arm of India's Reliance Industries, leading a line of buyout houses scrambling to get in on backing the business.

RedBird Capital seals N3 sale to Accenture as businesses scramble for digital sales expertise amid Covid-19

RedBird Capital Partners has agreed to sell digital sales expert N3 to professional services giant Accenture after four years in its portfolio.

AMP Capital buys into digital infrastructure business VX Fiber

Infrastructure investment specialist AMP Capital has agreed to acquire a majority stake in digital infrastructure business VX Fiber.

Blackstone, Fairfax invest $500m in Ki as digital insurance pioneer prepares to launch

Blackstone's opportunistic investment arm Tactical Opportunities has taken part in a $500m investment in Ki, a newly-formed digital business specialising in commercial insurance and reinsurance.

Carlyle, Softbank told to wait in line to make Reliance Retail investment amid continued huge demand – report

Investment giants Carlyle and Softbank have been told to wait in line after attempting to become the latest major investors in the retail business of India's Reliance Industries.

Baring Private Equity Asia seals Virtusa take-private at about $2bn valuation

Baring Private Equity Asia has agreed a buyout of digital engineering and IT specialist Virtusa in a deal which values the business at about $2bn.

GI Partners smashes target for debut data infrastructure fundraise with $1.8bn final close

GI Partners has smashed its target for its inaugural Data Infrastructure Fund by hitting a $1.8bn final close for the vehicle.

Silver Lake makes another big Indian digital play by leading Byju’s investment at $10.8bn valuation

Silver Lake has made another big bet on the burgeoning Indian digital market by backing online learning platform Byju's at a $10.8bn valuation.

Leapfrog Investments re-ups in insurtech BIMA as it eyes emerging markets expansion

InsurTech BIMA has raised a $30m round with the goal of using the money to drive mass adoption of digital health and InsurTech solutions in emerging markets.

Bain Capital backs digital asset infrastructure startup Zero Hash through Series C round

Bain Capital was among investors in the latest investment round for digital asset infrastructure specialist Zero Hash.

Capricorn Venture Partners backs pioneering diabetes monitoring startup Indigo’s €38m Series B

Capricorn Venture Partners has made the second investment from its Digital Growth Fund by backing the €38m Series B round for medical device business Indigo Diabetes.

Bison Capital commits to digital court recording, transcription specialist FTR Group

Digital court recording and transcription services business FTR Group has picked up a recapitalisation investment from Bison Capital Partners.

VC-backed Penta picks up another funding round to follow €18.5m Series B in March

Digital business bank Penta has collected €4m in a new funding round, adding to the €18.5m it raised in March for its Series B. The capital infusion was supplied by S7V, Presight Capital and two

French digital startup Memo Bank raises €20m in BlackFin Capital-led Series A

FinTech startup Memo Bank has raised €20m in a Series A round led by BlackFin Capital.

Lightyear Capital buys into PE-backed digital insurance broker Health Plan One

Financial services-focused private equity house Lightyear Capital has agreed to buy an indirect controlling stake in digital insurance broker Health Plan One.

Digital workplace comms, workflow service Spike gets Insight Partners backing

Digital workplace communications and workflow tool provider Spike has picked up backing from Insight Partners amid the launch of a new suite of offerings.

Xenon Partners picks up collaborative digital design, prototyping platform UXPin amid remote working surge

Xenon Partners has picked up collaborative digital design and prototyping platform UXPin - the latest in a string of PE deals leveraging the rise in remote working and applications

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