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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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Former Indian cricketer sets up sports-focused VC fund in Abu Dhabi

Finance

10 December, 2024

Former Indian cricketer sets up sports-focused VC fund in Abu Dhabi

A former Indian cricketer, who played all formats of the game in an international career spanning more than a decade, will ......

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Former Indian cricketer set to start new innings with VC fund for sports ventures

Finance

10 December, 2024

Former Indian cricketer set to start new innings with VC fund for sports ventures

A former Indian cricketer, who played all formats of the game in an international career spanning more than a decade, will ......

Stride Ventures targets $300 mn for fourth fund

Finance

10 December, 2024

Stride Ventures targets $300 mn for fourth fund

Venture debt firm Stride Ventures, which finished fundraising for its third vehicle in May this year missing its initial target, ......

UAE to impose 15% minimum top-up tax on large multinationals

Finance

10 December, 2024

UAE to impose 15% minimum top-up tax on large multinationals

The United Arab Emirates will impose a minimum top-up tax (DMTT) of 15% on large multinational companies operating in the ......

Private credit firm Golub Capital to set up base in Abu Dhabi

Finance

10 December, 2024

Private credit firm Golub Capital to set up base in Abu Dhabi

US-listed direct lender and private credit manager Golub Capital is opening an office in the UAE's capital Abu Dhabi, it ......

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How is Blackstone's bet turning out as IGI India eyes over $2 bn tag?

Finance

09 December, 2024

How is Blackstone's bet turning out as IGI India eyes over $2 bn tag?

Blackstone, the world’s biggest private equity firm, will churn out spectacular returns through a quick partial exit from International Gemmological ......

Edelweiss Alternatives files draft papers for IPO, looks to raise nearly $177 mn

Finance

09 December, 2024

Edelweiss Alternatives files draft papers for IPO, looks to raise nearly $177 mn

EAAA Alternatives, which is the alternative investment subsidiary of Edelweiss Financial Services, has filed its draft papers with Securities and ......

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Seedstars Africa Ventures marks first close of inaugural fund at halfway mark

Finance

09 December, 2024

Seedstars Africa Ventures marks first close of inaugural fund at halfway mark

Seedstars Africa Ventures, an early-stage venture capital firm focused on high-growth companies in Sub Saharan Africa, marked the final close ......

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Fintech venture Mintoak may get $300 mn tag as two investors set for exit

Finance

09 December, 2024

Fintech venture Mintoak may get $300 mn tag as two investors set for exit

Fintech company Mintoak Innovations Pvt Ltd, which had raised $20 million (nearly Rs 170 crore) in Series A funding in February ......

BlueOrchard bets on ChrysCapital-backed Varthana Finance

Finance

09 December, 2024

BlueOrchard bets on ChrysCapital-backed Varthana Finance

Varthana Finance, which counts private equity firm ChrysCapital as an investor, has secured $15 million (about Rs 120 crore) in external ......