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MENA Digest: Coral leads subdued VC funding week; SHIFT snags $83 mn in PE investment

TMT

27 September, 2024

MENA Digest: Coral leads subdued VC funding week; SHIFT snags $83 mn in PE investment

Venture capital investment activity in the Middle East and North Africa (MENA) region slowed down in the last week of ......

Qure.ai raises Series D funding led by Lightspeed, 360 ONE Asset

Healthcare

27 September, 2024

Qure.ai raises Series D funding led by Lightspeed, 360 ONE Asset

Qure.ai Technologies Pvt. Ltd, a health-tech startup that uses artificial intelligence for medical imaging diagnostics, has raised $65 million ( ......

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TPG, Peak XV, Norwest score over $500 mn exit; how did they fare?

Finance

26 September, 2024

TPG, Peak XV, Norwest score over $500 mn exit; how did they fare?

Alternative investment giant TPG, which has had a mixed bag in terms of some private equity harvests churning big money ......

Two Point O Capital, FirstCoffee, LetzRyd raise early-stage funding

Consumer

26 September, 2024

Two Point O Capital, FirstCoffee, LetzRyd raise early-stage funding

Climate financing startup Two Point O Capital, fleet management and vehicle leasing company LetzRyd and coffee brand First Coffee secure early-stage ......

SCOPE floats second VC fund to invest in fintech, gaming startups

Finance

26 September, 2024

SCOPE floats second VC fund to invest in fintech, gaming startups

SCOPE, the invite-only networking platform for startups, Thursday said it has set up a $50 million (Rs 418 crore) venture ......

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Palestine's Ibtikar Fund closes second vehicle, stops short of hard cap

Finance

25 September, 2024

Palestine's Ibtikar Fund closes second vehicle, stops short of hard cap

Ibtikar Fund, the war-stricken Palestine’s only venture capital firm that invests in early-stage Palestinian-founded startups in the West Bank, Gaza ......

Ahammune Biosciences, The Health Factory, two others raise early-stage cheques

Healthcare

25 September, 2024

Ahammune Biosciences, The Health Factory, two others raise early-stage cheques

Clinical stage therapeutics startup Ahammune Biosciences, bread brand The Health Factory, proptech startup Flent and open-source GPU-as-a-Service (GPUaaS) firm Aarna ......

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Rustomjee Group-backed GP taps additional capital for maiden vehicle

Infrastructure

25 September, 2024

Rustomjee Group-backed GP taps additional capital for maiden vehicle

Mumbai-based real estate developer Rustomjee Group, which floated its maiden real estate vehicle early last year, has tapped additional funds, ......

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Eight Roads scores another multibagger partial exit

TMT

25 September, 2024

Eight Roads scores another multibagger partial exit

Eight Roads Ventures, a global venture capital firm, has scored a multi-bagger partial exit from a startup that it first ......

CoRover, Pepsales, Tuco bag early-stage funding

TMT

24 September, 2024

CoRover, Pepsales, Tuco bag early-stage funding

Conversational AI startup CoRover, SaaS platform for sales teams Pepsales and kids' personal care brand Tuco secured early-stage funding, the ......