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Already have an account? Log InThe latest funding round, featuring both primary and secondary components, marks one of the largest in India's edtech sector.
The $300 million secondary share sale was led by Wellington and T. Rowe Price and brought in new investors, including EQT, Goldman Sachs, and Sapphire Ventures.
Pinnacle first backed the Saudi hospitality startup's $72 million Series B in 2025, when Gathern was valued at more than $267 million.
Pinnacle Growth & Secondary Fund combined primary capital and secondary share purchases in the automotive platform.
The investment in the Colombian fintech comprised a mix of primary and secondary capital.
The participants plan to expand the range of transferable private credit assets and improve verification as tokenized secondary markets develop.
Avendus Future Leaders Fund III, which is already 30% deployed, has invested ~$15 million in Parag Parikh Financial Advisory Services via secondary.
The pre-IPO funding round, which included a mix of primary and secondary capital, reportedly valued the dairy producer at $1.1 billion.
The transaction, which saw participation from existing backer LeapFrog, provided early investors with an exit.
Secondary capital represented ~54% of the identity verification startup's equity raise.