Saudi VC firm RAED Ventures gets another LP for third fund
RAED Ventures, a Saudi Arabia-based venture capital firm that backs early-stage startups and manages a portfolio of over 40 companies, has got on board another Saudi limited partner for its third investment vehicle launched last year. The VC firm has secured an investment commitment from state-owned Saudi Venture Capital (SVC) for ......
CityMall backer WaterBridge Ventures keen to list two portfolio companies
Homegrown venture capital firm WaterBridge Ventures, which has backed startups such as Unacademy, Bijnis and CityMall, is preparing to list two portfolio companies from its software and services segment over the next two-three years, a person aware of the matter told VCCircle. The New Delhi-based early-stage investor plans to list Gurgaon-based ......
Tano-backed stressed assets advisor targets $100 mn via two funds
A boutique stressed assets advisory firm, which is backed by Tano Capital, has launched two alternative investment funds (AIF), eyeing over $100 million (Rs 850 crore) in total corpus. The foreign private equity firm owns close to 10% stake in the firm. The firm, Nakshatra Asset Ventures, has sponsored two AIFs ......
BlueGreen Ventures’ Suri and Jain on focus areas, fundraising timelines and more
BlueGreen Ventures, a new venture capital firm co-founded by Rajeev Suri and Anup Jain, former managing partners at Orios Venture Partners, rolled out its maiden fund last month with an aim to raise $75 million. The VC firm expects the fund’s first close by February 2025 and the final close ......
Amplify Growth’s Sharaf Sharaf on deployment strategy, LPs and deal pipeline
After achieving a ‘reasonable’ first closing of its debut private debt fund recently, Amplify Growth, a joint partnership between Dubai-based asset manager Ajeej Capital and venture capital firm Nuwa Capital is in talks with several institutional investors, asset managers, and family offices as it aims for a final close of ......
DFDF-backed social media app Vuz taps new investor in fresh funding round
Dubai Future District Fund (DFDF)-backed immersive social media app Vuz is set to secure commitment from a new investor as it raises a growth-stage funding round to support its expansion plans. The Dubai-headquartered startup will likely get a cheque from World Bank’s private investment arm, the International Financial Corporation (IFC), as ......
Grapevine: Haier, Weaver Services and Shapoorji Pallonji Group in news
Family offices and private equity firms are vying for a majority stake in Haier Appliances India, while Weaver Services is in advanced talks to raise funds and Shapoorji Pallonji Group is exploring a public listing for its real estate arm, according to various media reports. Haier Appliances India Family offices and private ......
Grapevine: Tata Capital, Hisense, Epack Durable, Coforge in news
Tata Group has begun preparations for the initial public offering of its financial services arm, Tata Capital Ltd, a media report said. The IPO, expected to exceed Rs 15,000 crore, could include both primary and secondary share issuances, Moneycontrol reported, citing people familiar with the development. Cyril Amarchand Mangaldas and Kotak ......
Sofina in talks to invest in Peak XV-backed healthy food brand
European investment firm Sofina, which has invested in several Indian companies including juice brand Paper Boat, fintech app Cred and agritech company DeHaat, is in talks to invest in a homegrown healthy food brand, two people aware of the development told VCCircle. The Brussels-based firm, which primarily invests in areas such ......
PE inflows into real estate rise in 2024 as warehousing’s share balloons
Private equity capital inflows into India’s real estate sector increased about 10% in 2024, with warehousing and logistics assets taking home the largest share of the pie, a new report shows. The cumulative inflow of PE money into India’s property segment rose to $4.3 billion in the calendar year so far, ......
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