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Moroccan royal family's fund to join CDG Invest to bet on European travel-tech company

TMT

10 September, 2024

Moroccan royal family's fund to join CDG Invest to bet on European travel-tech company

CDG Invest, the investment arm of Morocco’s state-owned financial institution, Caisse de Dépot et de Gestion (CDG), is set to ......

Kalaari, Colossa bet on cleantech startups, Crackle bags early-stage funds

TMT

10 September, 2024

Kalaari, Colossa bet on cleantech startups, Crackle bags early-stage funds

EV battery solutions startup Clean Electric, cleantech company Exposome and tech startup Crackle Technologies secured early-stage cheques, the companies announced ......

PE firm Recognize picks up majority stake in Blue Mantis

TMT

10 September, 2024

PE firm Recognize picks up majority stake in Blue Mantis

Recognize, a private equity firm that backs businesses in the digital services industry, Tuesday said it has picked up a ......

Fundamentum leads Series B funding in Sri Mandir-owner AppsForBharat

TMT

10 September, 2024

Fundamentum leads Series B funding in Sri Mandir-owner AppsForBharat

AppsForBharat, the owner of the devotion platform, Sri Mandir, Tuesday said it has raised $18 million (around Rs 151 crore) ......

Multiples PE-backed Quantiphi, IAN bet on Transcell Biologics

TMT

09 September, 2024

Multiples PE-backed Quantiphi, IAN bet on Transcell Biologics

Transcell Biologics, a Hyderabad-based biotech startup, has raised funding from artificial intelligence company Quantiphi Inc and Indian angel investment network ......

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Embedded finance, cross-border payments hold promise: QED's Sandeep Patil

TMT

09 September, 2024

Embedded finance, cross-border payments hold promise: QED's Sandeep Patil

Fintech-focussed QED Investors has pumped $150 million into India since it set up operations in the country four years ago. ......

EQT to acquire GeBBS Healthcare as ChrysCapital exits

Healthcare

09 September, 2024

EQT to acquire GeBBS Healthcare as ChrysCapital exits

Swedish private equity firm EQT said Monday it has agreed to acquire a controlling stake in healthcare technology services company ......

Carlyle to sell stake of up to $1.2 bn in Hexaware IPO

TMT

07 September, 2024

Carlyle to sell stake of up to $1.2 bn in Hexaware IPO

Carlyle Group affiliate, CA Magnum Holdings, plans to sell shares worth 99.5 billion rupees ($1.2 billion) in the upcoming IPO ......

Byju's auditor BDO resigns after start of bankruptcy proceedings

TMT

07 September, 2024

Byju's auditor BDO resigns after start of bankruptcy proceedings

Indian education technology company Byju's auditor BDO Global has resigned after the startup did not provide documents requested following the ......

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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 ......