Dilasha Seth

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18 December, 2023

Gulf Digest: Deal momentum, M&A activity rise; Lendo leads value race

Dealmaking in the Middle East region picked pace in the second week of December, led by a slew of acquisitions ......

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TMT

18 December, 2023

Jada's streak of LP-style bets continues with investment in tech-based VC fund

Saudi Arabia’s Public Investment Fund-backed Jada Fund of Funds Company has marked its sixth investment in second half of 2023, ......

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28 November, 2023

CoinDCX CEO Sumit Gupta on tax jolt in India, UAE plans and EBITDA aim

Amid regulatory uncertainty around virtual digital assets in India, crypto-exchange platform CoinDCX recently invested in Dubai-based crypto exchange BitOasis. However, ......

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27 October, 2023

WellX co-founder Kashyap on attracting VCs amid funding winter, growth roadmap and more

The UAE-based insurtech platform WellX raised $2 million in seed funding in July from marquee Middle Eastern investors such as ......

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18 October, 2023

Verod Capital, AfricInvest pick up majority stake in iSon Xperiences

African private equity firms Verod Capital and Africinvest have partnered to acquire a majority stake in business process outsourcing (BPO) ......

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29 September, 2023

Growth momentum to sustain, no need for India listing: MakeMyTrip's Rajesh Magow

Online travel services company MakeMyTrip listed on the Nasdaq stock exchange in the US in 2010 and considered the possibility of an India listing ......

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13 September, 2023

Did MakeMyTrip's Covid-driven Middle East expansion bear fruit?

In mid-2020, when the Covid-19 pandemic hit the globe, travel and hospitality were one of the worst hit sectors throughout ......

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Finance

04 September, 2023

Abu Dhabi Investment Authority ups India exposure with new portfolio firms

Abu Dhabi Investment Authority (ADIA), one of the largest sovereign wealth funds in the world with assets under management of ......

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29 August, 2023

WazirX co-founder Nischal Shetty on the double whammy of crypto bear market, tax in India

After wading through some tough headwinds last year, the Indian crypto industry is reeling. With the new taxation norms announced in ......

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Manufacturing

28 July, 2023

Hero Electric's PE fundraising flounders as EV sales slump, subsidy mess worsens

Hero Electric Vehicles Pvt. Ltd’s efforts to receive capital previously committed by two alternative investment firms have hit a wall, ......