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MENA Digest: Deal activity picks up with two big Series A funding

Finance

06 September, 2024

MENA Digest: Deal activity picks up with two big Series A funding

Fintech startups in the Middle East and North Africa region accelerated the dealmaking activity this week led by UAE’s Ziina ......

Early-stage investor Relentless VC elevates exec to partner

People

06 September, 2024

Early-stage investor Relentless VC elevates exec to partner

Relentless VC, a micro venture capital firm focused on early-stage investments, has promoted a principal to the role of partner. The ......

The Hosteller, RecommerceX, LiaPlus AI, Nautical Wings bag early-stage funding

TMT

05 September, 2024

The Hosteller, RecommerceX, LiaPlus AI, Nautical Wings bag early-stage funding

Backpacker hostel chain The Hosteller, chemical recycling and sustainability startup RecommerceX, customer support solutions provider LiaPlus AI and electric propulsion ......

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Moglix backer Jungle Ventures taps returning LP for fifth fund

Finance

05 September, 2024

Moglix backer Jungle Ventures taps returning LP for fifth fund

Southeast Asia- and India-focused venture capital firm Jungle Ventures is set to secure a commitment from a returning limited partner ......

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Salon chain operator Bodycraft in talks to raise growth capital

Consumer

05 September, 2024

Salon chain operator Bodycraft in talks to raise growth capital

Bengaluru-based Bodycraft Salon Skin and Cosmetology Pvt Ltd is in the early stages of discussions with private investors for its ......

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This VC firm just hit nearly 2,000x returns on seven-year-old India investment

Healthcare

04 September, 2024

This VC firm just hit nearly 2,000x returns on seven-year-old India investment

Silicon Valley venture capital firm Bessemer Venture Partners, which joined the ranks of global peers Sequoia Capital, Accel and Lightspeed ......

Invest4Edu, others secure early-stage funding

TMT

04 September, 2024

Invest4Edu, others secure early-stage funding

Education planning startup Invest4Edu, 60-minute clothes delivery startup Slikk, sports-tech startup Spolto, crypto-native social networking platform 0xPPL, Valyx, a revenue ......

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C4D Partners India promotes exec to partner role

People

04 September, 2024

C4D Partners India promotes exec to partner role

Capital 4 Development (C4D) Partners India, which is currently raising its maiden India-focused fund, has promoted its principal director to ......

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Riyadh Valley Company backs venture capital firm in second LP bet this year

Finance

03 September, 2024

Riyadh Valley Company backs venture capital firm in second LP bet this year

Riyadh Valley Company (RVC) has made its second limited partner-style investment this year as it backed a Saudi Arabian venture ......

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LP commitments to Indian PE, VC and private credit funds cross $120 bn

Finance

03 September, 2024

LP commitments to Indian PE, VC and private credit funds cross $120 bn

Limited partners (LPs), who had tightened their purse strings in the first quarter of 2024 after fresh commitments to India-focused private ......