Benchmark, Idinvest Partners and other backers of French mapping app developer Zenly have sold the business to instant messaging app Snapchat.
Process has kicked off with the distribution of IMs and indicative bids slotted for mid-January
Emeram bought a majority stake in the digitalisation consultancy in 2019 via its EUR 400m debut fund
Sale is required for Adevinta to obtain approval from the UK CMA to buy eBay Classifieds
Series E, which also features SoftBank Vision Fund 2, gives the company a USD 2.35bn valuation