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UAE conglomerate Al Nowais' arm to get another backer for Egypt solar project

Infrastructure

13 December, 2024

UAE conglomerate Al Nowais' arm to get another backer for Egypt solar project

AMEA Power, the clean energy arm of the UAE-based conglomerate Al Nowais Investments, is set to secure an investment commitment ......

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JK Tyre raising $100 mn from offshore investor

Manufacturing

11 December, 2024

JK Tyre raising $100 mn from offshore investor

The JK Tyre Group, one of India’s leading tyre manufacturers, has tapped a marquee global investor to raise up to ......

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IFC lifts India exposure for second year in a row as local portfolio nears $9 bn

Finance

03 December, 2024

IFC lifts India exposure for second year in a row as local portfolio nears $9 bn

International Finance Corporation (IFC) shored up its India exposure for the second consecutive year through June 2024, as it committed ......

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FlexiLoans taps another investor after getting three new Series C backers

Finance

03 December, 2024

FlexiLoans taps another investor after getting three new Series C backers

Mumbai-based digital lender FlexiLoans is adding another investor to its cap table, less than three months after raising Series C ......

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TPG-backed Shadowfax swings to operating profit for FY24 as quick commerce booms

Infrastructure

02 December, 2024

TPG-backed Shadowfax swings to operating profit for FY24 as quick commerce booms

Shadowfax Technologies, a logistics startup backed by private equity firm TPG, turned operationally profitable in the last financial year as ......

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How Blackstone's oldest active India portfolio firm is gearing up for growth

Finance

28 November, 2024

How Blackstone's oldest active India portfolio firm is gearing up for growth

A unit of private equity behemoth Blackstone’s oldest active India portfolio company is ramping up its digital services, upgrading its ......

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Peak XV, VEF taking haircut as BlackBuck eyes less than $600 mn valuation in IPO

TMT

08 November, 2024

Peak XV, VEF taking haircut as BlackBuck eyes less than $600 mn valuation in IPO

Venture capital firm Peak XV Partners and Swedish fintech investor VEF are taking a haircut on their investments in BlackBuck ......

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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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IFC-backed Eye-Q attracts another strategic suitor as early backers seek exit

Healthcare

04 November, 2024

IFC-backed Eye-Q attracts another strategic suitor as early backers seek exit

Eyecare clinic operator Eye-Q Vision Pvt Ltd, which is backed by the World Bank Group's investment arm International Finance Corporation ......

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Turkish venture capital firm Revo gets a returning LP for third fund

Finance

30 October, 2024

Turkish venture capital firm Revo gets a returning LP for third fund

Revo Capital, a Turkey-focussed venture capital fund, which backs early-stage technology startups, is likely to secure an investment commitment from ......