M&A wrap: Portfolia Rising America Fund, Lorine Pendleton, GenNx 360, MiLA Capital, MoCafi, Barings, 58.com, Insacart

By Offit Kurman | June 15, 2020 | Share:

Portfolia Rising America Fund’s backs companies led by people of color and/or LGBTQ founders, such as mobile banking startup MoCaFi. Instacart raises new funding round, as its sales soar with more consumers grocery shopping from home during pandemic. Warburg Pincus-led consortium takes 58.com private.