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MENA Digest: Funding momentum led by two realty, construction-focused UAE startups

TMT

21 June, 2024

MENA Digest: Funding momentum led by two realty, construction-focused UAE startups

UAE tech-based startups, Tenderd and Stake, led funding activity in the Middle East and North Africa (MENA) region over the ......

Mankind Pharma acquires majority stake in Upakarma Ayurveda

Finance

28 November, 2022

Mankind Pharma acquires majority stake in Upakarma Ayurveda

Pharmaceuticals giant Mankind Pharma Ltd on Monday acquired a majority stake in Upakarma Ayurveda Pvt Ltd through one of its ......

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ZipLoan gets lifeline from StrideOne via stake sale

Finance

02 September, 2022

ZipLoan gets lifeline from StrideOne via stake sale

Online lending platform ZipLoan has sold a minority stake to raise an undisclosed amount from StrideOne, a tech-led financial services ......

Equitas Holdings divests entire stake in logistics tech arm

Finance

06 July, 2022

Equitas Holdings divests entire stake in logistics tech arm

Ahead of its much-awaited merger with Equitas Small Finance Bank, Chennai-based Equitas Holdings has divested its entire shareholding in logistics ......

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Kauvery Hospital eyes over $500 mn valn for controlling stake, existing backers to exit

Healthcare

06 July, 2022

Kauvery Hospital eyes over $500 mn valn for controlling stake, existing backers to exit

Tamil Nadu-based hospital chain Kauvery Hospital is in talks with several institutional and strategic investors to dilute a controlling stake ......

KKR to acquire 9.99% stake in Shriram General Insurance

Finance

11 April, 2022

KKR to acquire 9.99% stake in Shriram General Insurance

Global private equity major KKR & Co has signed a definitive agreement to acquire a 9.99% stake in Shriram General ......

Convergent Funds to buy stake in Jagsonpal Pharmaceuticals in first control bet

Healthcare

21 February, 2022

Convergent Funds to buy stake in Jagsonpal Pharmaceuticals in first control bet

Funds advised by Convergent Finance, a private equity firm floated by former Fairfax India executive Harsha Raghavan, will acquire 43.7% ......

Market-bound Zomato seeks CCI nod to invest in Grofers

TMT

30 June, 2021

Market-bound Zomato seeks CCI nod to invest in Grofers

Food delivery service Zomato on Wednesday filed a proposal with the Competition Commission of India to acquire a 9.3% stake ......

KKR-backed Emerald Media sells Cosmos-Maya stake to NewQuest

TMT

28 June, 2021

KKR-backed Emerald Media sells Cosmos-Maya stake to NewQuest

Secondary private equity transactions specialist NewQuest Capital Partners said on Monday it had acquired a majority stake in animation firm ......

It's official: Walmart to buy 77% stake in Flipkart for $16 bn

TMT

09 May, 2018

It's official: Walmart to buy 77% stake in Flipkart for $16 bn

Walmart Inc said on Wednesday it will buy a majority stake in Indian online retailer Flipkart, ending months of speculation ......