Venture Capital
Finance
Fundraising extremely tough in current environment: Elev8's Navin Honagudi
Elev8 Venture Partners, which was set up by former Kae Capital partner Navin Honagudi and is raising $200 million (Rs ......
TMT
US lawmakers raise worries about China in Microsoft deal with Emirati AI firm G42
Republican lawmakers asked the Biden administration for an intelligence assessment of Microsoft's $1.5 billion investment in UAE-based artificial intelligence firm ......
Manufacturing
OTT platform Planet Marathi, two others raise early-stage funding
OTT platform Planet Marathi, consumer electronics maker Circuit House Technologies and proptech startup Jugyah raised early-stage funding, the companies said ......
Finance
In Charts: UAE dominates PE-VC activity in H1 2024 but Saudi Arabia makes a leap
The United Arab Emirates continued to dominate private equity and venture capital deals activity in the Middle East during the ......
Finance
Avaana gets backing of another offshore LP, nears target for climate-tech fund
Climate-focused venture capital firm Avaana Capital has brought on board a marquee offshore backer as it nears the final close ......
TMT
Agritech firm Arya.ag snags $29 mn from Blue Earth Capital, Quona Capital
Agritech platform Arya.ag, operated by Arya Collateral Warehousing Services Pvt. Ltd, has raised $29 million (Rs 242 crore) in a ......
Finance
DFDF CEO on funding trends and why MENA startups didn't see steeper valuation drop
Dubai Future District Fund (DFDF), the region’s first evergreen venture capital fund-of-fund, has deployed over a quarter of its initial ......
Finance
UAE's Global Ventures gets bigger cheque from returning LP for third fund
Global Ventures, a UAE-based growth-stage venture capital firm that manages a portfolio of over 60 companies, has brought on board ......
Consumer
Consumer chain House of Biryan, five others raise early-stage funding
Quick service restaurant chain House of Biryan, climatetech startup Ricron Panels, software-as-a-service (SaaS) platforms Centriti and Helium along with gaming ......
TMT
BlackBuck gets a valuation markdown ahead of IPO as it divests key revenue generator
BlackBuck, which entered the haloed club of technology unicorns (startups valued at $1 billion or more) during 2021 when venture ......
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