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Deals Digest: Funding value surges on back of big-ticket financial services deal

General

17 May, 2024

Deals Digest: Funding value surges on back of big-ticket financial services deal

Private equity (PE) and venture capital (VC) investment saw a substantial jump in terms of value, propelled by a large ......

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WestBridge scores big with over $250 mn exit move

TMT

17 May, 2024

WestBridge scores big with over $250 mn exit move

Private equity firm WestBridge Capital, which backs unlisted companies and also makes private investments in public equities (PIPE), has hit ......

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Exclusive: Blackstone, Carlyle, others eye controlling stake in Indian healthcare firm

Healthcare

17 May, 2024

Exclusive: Blackstone, Carlyle, others eye controlling stake in Indian healthcare firm

Private equity behemoth Blackstone is among a clutch of bulge-bracket global investors who are in the race to pick up a ......

Mubadala's FY24 assets under management top $300 bn

General

17 May, 2024

Mubadala's FY24 assets under management top $300 bn

Abu Dhabi sovereign wealth fund Mubadala's assets under management rose 9.5% last year to 1.11 trillion dirhams ($302.2 billion), it ......

Prosus, parent Naspers appoint Fabricio Bloisi as new CEO

People

17 May, 2024

Prosus, parent Naspers appoint Fabricio Bloisi as new CEO

Dutch technology investor Prosus and its South African parent group Naspers on Friday named Fabricio Bloisi as the new chief executive, replacing ......

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AFC's maiden climate resilient fund for Africa taps offshore LP for $750 mn vehicle

Infrastructure

16 May, 2024

AFC's maiden climate resilient fund for Africa taps offshore LP for $750 mn vehicle

AFC Capital Partners, the asset management unit of Africa Finance Corporation (AFC), is set to hit the halfway mark for ......

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InCred Alternatives' Singla on latest PE fund thesis, sweet spots, exits and more

Finance

17 May, 2024

InCred Alternatives' Singla on latest PE fund thesis, sweet spots, exits and more

InCred PE, part of the financial services group InCred that has offerings across lending, wealth and asset management, marked the ......

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ADIA joining cap table of Indian pharmaceutical platform

Healthcare

16 May, 2024

ADIA joining cap table of Indian pharmaceutical platform

Abu Dhabi Investment Authority (ADIA), one of the most active sovereign funds operating in India striking both private equity style ......

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Exclusive: Jashvik Capital, others in fray to bet on local medical device company

Healthcare

16 May, 2024

Exclusive: Jashvik Capital, others in fray to bet on local medical device company

Growth stage private equity player Jashvik Capital, which was floated by former TA Associates executive Naresh Patwari, is among multiple ......

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Peak XV, ChrysCapital to pocket bigger cheques from common portfolio firm

Infrastructure

16 May, 2024

Peak XV, ChrysCapital to pocket bigger cheques from common portfolio firm

Indian venture capital firm Peak XV Partners and private equity firm ChrysCapital have modified their plan to mint money from ......