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Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.

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Jada-backed Artal Capital eyes final close of maiden PE fund by Q1 2025

Finance

17 October, 2024

Jada-backed Artal Capital eyes final close of maiden PE fund by Q1 2025

Artal Capital, a Riyadh-based multi-asset investment firm that manages assets worth $600 million and marked the first close of its ......

Goldman Sachs' Saudi Arabia CEO leaving firm

Finance

17 October, 2024

Goldman Sachs' Saudi Arabia CEO leaving firm

Goldman Sachs' Saudi Arabia CEO, Khalid Albdah, is leaving the firm, a source familiar with the situation told Reuters on Wednesday. Albdah has been ......

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BPEA Credit eyes over $1.5 bn AUM with new fund after rebranding

Finance

16 October, 2024

BPEA Credit eyes over $1.5 bn AUM with new fund after rebranding

Asia-focussed private credit firm BPEA Credit, which counts Veranda Learning, mPokket, WeWork India and DMW Group among its investments in ......

BNP Paribas rethinks Middle East HQ as it cuts headcount in Bahrain

Finance

16 October, 2024

BNP Paribas rethinks Middle East HQ as it cuts headcount in Bahrain

BNP Paribas is planning to reduce headcount in Bahrain and scrap Manama as its Middle East and Africa head office, ......

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Spotlight: Why Apollo Global-backed Clix Capital has failed to click

Finance

17 October, 2024

Spotlight: Why Apollo Global-backed Clix Capital has failed to click

Clix Capital had everything going for it. A solid pedigree, experienced founders and a deep-pocketed global private equity investor. That ......

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SVC backs VC portfolio firm in second LP bet this year

Finance

16 October, 2024

SVC backs VC portfolio firm in second LP bet this year

Riyadh’s state-owned Saudi Venture Capital (SVC), which manages assets worth $2.2 billion, has struck its second limited partner-style bet this ......

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Former AZB senior partner sets up own law firm for second time

Finance

15 October, 2024

Former AZB senior partner sets up own law firm for second time

A former senior partner with AZB & Partners, one of India’s top law firms, has set up his own outfit ......

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EQT's plan to monetize India tech portfolio firm moves forward

Finance

15 October, 2024

EQT's plan to monetize India tech portfolio firm moves forward

Swedish private equity firm EQT’s plan to partially monetize its investment in an Indian company is moving forward after the ......

TVS Credit posts 20% growth in profit for second quarter

Finance

15 October, 2024

TVS Credit posts 20% growth in profit for second quarter

TVS Credit, the non-banking financial arm of two-wheeler major TVS Motor Company, recorded a 20% rise in its profit after ......

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BII's India bets slumped last year even as global investments remained flat

Finance

15 October, 2024

BII's India bets slumped last year even as global investments remained flat

British International Investment (BII), the development finance institution backed by the UK government, substantially slowed the pace of its new ......