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Women-focused asset manager Cinnamon Wealth set to float debut private credit fund

Finance

19 December, 2024

Women-focused asset manager Cinnamon Wealth set to float debut private credit fund

Cinnamon Wealth, a women-focussed asset and wealth management company, is set to roll out its maiden private credit fund by ......

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UAE conglomerate Al Nowais' arm to get another backer for Egypt solar project

Infrastructure

13 December, 2024

UAE conglomerate Al Nowais' arm to get another backer for Egypt solar project

AMEA Power, the clean energy arm of the UAE-based conglomerate Al Nowais Investments, is set to secure an investment commitment ......

Svakarma Finance secures $10.4 mn funding from Encourage Capital, others

Finance

13 December, 2024

Svakarma Finance secures $10.4 mn funding from Encourage Capital, others

Svakarma Finance, which lends mostly to small businesses, has raised $10.4 million (Rs 88 crore) through a combination of debt ......

Piramal Alternatives bets on healthcare consulting firm 3Gen

Healthcare

13 December, 2024

Piramal Alternatives bets on healthcare consulting firm 3Gen

Piramal Alternatives has agreed to invest up to Rs 185 crore ($21.8 million) in 3Gen Consulting, a healthcare consulting and ......

Snapmint raises $18 mn from Prudent Investment's Prashasta Seth, others

Finance

12 December, 2024

Snapmint raises $18 mn from Prudent Investment's Prashasta Seth, others

No-cost EMI platform Snapmint Thursday said it raised $18 million (over Rs 150 crore) in a mix of debt and ......

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JK Tyre raising $100 mn from offshore investor

Manufacturing

11 December, 2024

JK Tyre raising $100 mn from offshore investor

The JK Tyre Group, one of India’s leading tyre manufacturers, has tapped a marquee global investor to raise up to ......

Alteria extends debt financing to tech startup Haber in ongoing round

TMT

11 December, 2024

Alteria extends debt financing to tech startup Haber in ongoing round

Venture debt firm Alteria Capital, which roped in an offshore limited partner earlier this year, has invested in Pune-based Haber as part ......

Stride Ventures targets $300 mn for fourth fund

Finance

10 December, 2024

Stride Ventures targets $300 mn for fourth fund

Venture debt firm Stride Ventures, which finished fundraising for its third vehicle in May this year missing its initial target, ......

UAE to impose 15% minimum top-up tax on large multinationals

Finance

10 December, 2024

UAE to impose 15% minimum top-up tax on large multinationals

The United Arab Emirates will impose a minimum top-up tax (DMTT) of 15% on large multinational companies operating in the ......

Private credit firm Golub Capital to set up base in Abu Dhabi

Finance

10 December, 2024

Private credit firm Golub Capital to set up base in Abu Dhabi

US-listed direct lender and private credit manager Golub Capital is opening an office in the UAE's capital Abu Dhabi, it ......