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South African PE Metier strikes seventh bet from sustainability-focused fund

Infrastructure

17 September, 2024

South African PE Metier strikes seventh bet from sustainability-focused fund

Metier, an Africa-based private equity firm that backs growth-stage companies in Sub-Saharan Africa struck its seventh bet from its renewable energy ......

Tiger Global-backed Bizongo beefs up top deck with former AmEx, Amazon Pay execs

People

16 September, 2024

Tiger Global-backed Bizongo beefs up top deck with former AmEx, Amazon Pay execs

SmartPaddle Technology Pvt Ltd, which owns a business-to-business platform Bizongo, has announced many top-level appointments to its leadersip team. These ......

SoftBank-backed Delhivery locks horns with Warburg-backed Ecom Express over IPO filing

Infrastructure

13 September, 2024

SoftBank-backed Delhivery locks horns with Warburg-backed Ecom Express over IPO filing

SoftBank-backed logistics company Delhivery on Friday accused Warburg Pincus-backed rival Ecom Express of providing misleading data in its draft initial ......

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Bottomline: VC-backed Fasal doubles revenue in FY24, keeps loss in check

TMT

12 September, 2024

Bottomline: VC-backed Fasal doubles revenue in FY24, keeps loss in check

Agritech startup Fasal, which is backed by the likes of Omnivore Venture Partners, 3one4 Capital, TDK Ventures, and British International ......

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SPE Capital allies with three others to acquire Egyptian PSU microfinance firm

Finance

11 September, 2024

SPE Capital allies with three others to acquire Egyptian PSU microfinance firm

SPE Capital, an Africa and Middle East-focused private equity firm that backs mid-sized companies, is set to fully acquire Egypt’s ......

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Tiger Global-backed Captain Fresh on the prowl for more acquisition opportunities

TMT

29 August, 2024

Tiger Global-backed Captain Fresh on the prowl for more acquisition opportunities

Seafood provider Captain Fresh is eyeing more inorganic growth opportunities, in line with its plans to expand its international business, ......

Ankur Capital ropes in two existing LPs for third fund

Finance

20 August, 2024

Ankur Capital ropes in two existing LPs for third fund

Early-stage venture capital firm Ankur Capital, an investor in more than 30 companies including Captain Fresh, String Bio, Vegrow, Offgrid ......

KKR-backed IndiGrid teams up with Norfund, UK's BII for transmission projects

Infrastructure

16 August, 2024

KKR-backed IndiGrid teams up with Norfund, UK's BII for transmission projects

India Grid Trust (IndiGrid), the infrastructure investment trust (InvIT) backed by private equity firm KKR, has snagged investments from two ......

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Elevation-backed Aye Finance aims to more than double AUM, triple profit by FY27

Finance

13 August, 2024

Elevation-backed Aye Finance aims to more than double AUM, triple profit by FY27

Aye Finance, a non-banking finance company which lends to micro, small and medium sector enterprises (MSME) in India, aims to ......

Arkam-backed fintech Jai Kisan acquires Kushal, gets NBFC licence as bonus

Finance

12 August, 2024

Arkam-backed fintech Jai Kisan acquires Kushal, gets NBFC licence as bonus

Fintech startup Jai Kisan, backed by marquee investors including Arkam Ventures, Blume Ventures, British International Investment and Mirae Asset among ......