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UAE's Beco Capital onboards Saudi LP for fourth fund

Finance

07 November, 2024

UAE's Beco Capital onboards Saudi LP for fourth fund

UAE-based venture capital firm Beco Capital, which backs early-stage tech startups in the Gulf region and manages assets worth around ......

Northern Arc taps foreign investors for maiden climate fund

Finance

07 November, 2024

Northern Arc taps foreign investors for maiden climate fund

Northern Arc Capital, a non-banking finance company which manages six active funds and counts International Finance Corporation, Eight Roads, Affirma ......

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Lighthouse nears $1.5 bn AUM as it hits final close of latest PE fund

Finance

07 November, 2024

Lighthouse nears $1.5 bn AUM as it hits final close of latest PE fund

Indian mid-market private equity firm Lighthouse Funds, which has backed names such as Fabindia, Duroflex, Wow! Momo and Tynor, has ......

Temasek, A91 double down on Niva Bupa Health Insurance as IPO opens

Finance

07 November, 2024

Temasek, A91 double down on Niva Bupa Health Insurance as IPO opens

Singapore state investment firm Temasek and Indian mid-market private equity firm A91 Partners have doubled down on their earlier bets ......

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Fairfax-backed CSB Bank taps offshore investor for fresh capital

Finance

07 November, 2024

Fairfax-backed CSB Bank taps offshore investor for fresh capital

CSB Bank Ltd, the Indian private-sector lender controlled by Canadian investment firm Fairfax, is set to raise $100 million (around ......

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Spotlight: Can Lendingkart turn around with Temasek's Fullerton at the helm?

Finance

06 November, 2024

Spotlight: Can Lendingkart turn around with Temasek's Fullerton at the helm?

In March this year, Fullerton Financial Holdings sold its remaining stake in an Indian non-bank lender that it previously fully ......

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Sundaram Alternates sets sight on second performing credit fund's first close

Finance

06 November, 2024

Sundaram Alternates sets sight on second performing credit fund's first close

Chennai-based alternative investment firm Sundaram Alternates is looking to mark the first close of its second corporate credit fund by ......

Apollo Global's third-quarter profit rises 12%, beating estimates

Finance

06 November, 2024

Apollo Global's third-quarter profit rises 12%, beating estimates

Apollo Global Management beat Wall Street estimates on Tuesday with a 12% rise in third-quarter profit as it gathered more ......

Govt plans to merge regional rural banks to help them shore up capital

Finance

06 November, 2024

Govt plans to merge regional rural banks to help them shore up capital

The Indian government has proposed merging regional rural banks to reduce their number to 28 from 43, which could help these ......

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How Xponentia, two offshore VCs gain as Easy Home Finance gets new backers

Finance

05 November, 2024

How Xponentia, two offshore VCs gain as Easy Home Finance gets new backers

Indian mid-market private equity firm Xponentia Capital Partners and two international venture capital firms are sitting on a neat upside ......