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African PE firm SPE Capital taps another returning LP for third fund

Finance

05 February, 2024

African PE firm SPE Capital taps another returning LP for third fund

Africa- and Middle East-focused private equity firm SPE Capital, which invests in mid-sized companies, is set to secure a commitment from ......

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Peanut supplier Agrocrops set to snag fresh capital from international investor

Consumer

19 January, 2024

Peanut supplier Agrocrops set to snag fresh capital from international investor

Seed-to-shell peanut company Agrocrops Singapore Pte Ltd is close to securing fresh capital from an international investor to finance its ......

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Mauritian investor Adenia gets returning LP for latest Africa-focussed vehicle

General

16 January, 2024

Mauritian investor Adenia gets returning LP for latest Africa-focussed vehicle

Mauritius-based private equity firm Adenia Partners, a backer of nearly 30 companies across the African continent including names like Orange, ......

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How to read the warning signs of governance risks in a startup

TMT

26 December, 2023

How to read the warning signs of governance risks in a startup

Three years ago, Inflection Point Ventures (IPV), an angel investing platform that now runs a VC fund, intended to back ......

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ADV, NewQuest-backed Ugro snags capital from Dutch investor

Finance

19 December, 2023

ADV, NewQuest-backed Ugro snags capital from Dutch investor

Non-banking lender Ugro Capital, which counts private equity firms ADV Partners an TPG NewQuest among its investors, has raised fresh debt capital ......

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GEF Capital's new fund crosses halfway mark as another returning LP comes on board

Finance

05 December, 2023

GEF Capital's new fund crosses halfway mark as another returning LP comes on board

Climate and sustainability-focused private equity firm GEF Capital Partners has received a commitment from an international institution for its latest alternative ......

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Swiss impact investor responsAbility rolls out climate fund for Asia

Finance

29 November, 2023

Swiss impact investor responsAbility rolls out climate fund for Asia

Switzerland-based impact investor responsAbility Investments AG has partnered with two European development finance bodies to launch an Asia-focused climate fund to back firms ......

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FMO-backed NeoGrowth speeds up revenue, profit growth after turning the corner

Finance

23 November, 2023

FMO-backed NeoGrowth speeds up revenue, profit growth after turning the corner

Fintech lender NeoGrowth, which came out of the red in the year through March to mark a turnaround from the damage caused by ......

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Leapfrog, Stakeboat-backed microlender Dvara roping in new offshore investor

Finance

20 November, 2023

Leapfrog, Stakeboat-backed microlender Dvara roping in new offshore investor

Chennai-based microlender Dvara Kshetriya Gramin Financial Services Pvt Ltd (Dvara KGFS), which is backed by impact investor Leapfrog and mid-market ......

India, Africa-focused Husk Power raises $103 mn in debt, equity funding

Infrastructure

24 October, 2023

India, Africa-focused Husk Power raises $103 mn in debt, equity funding

Husk Power Systems, an India- and Africa-focused renewable energy company that supplies electricity to rural areas through minigrids, said Tuesday ......