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Saudi's SMASCO sets issue price for $240 mn IPO

Finance

20 May, 2024

Saudi's SMASCO sets issue price for $240 mn IPO

Saudi Arabian staffing company SMASCO announced its final IPO price at 7.50 riyals per share via the Saudi Exchange on ......

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True North wraps up fundraising for maiden private credit vehicle

Finance

20 May, 2024

True North wraps up fundraising for maiden private credit vehicle

Homegrown private equity firm True North has wrapped up fundraising for its maiden private credit fund, nearly three years after ......

Arpwood invests $81 mn in women-focussed home financier Sitara

Finance

20 May, 2024

Arpwood invests $81 mn in women-focussed home financier Sitara

Housing finance company Sitara, operated by Sewa Grih Rin Ltd, has secured Rs 680 crore ($81 million) in an equity ......

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Creador's Vasudevan on increasing India allocation, mid-market deals & more

Finance

20 May, 2024

Creador's Vasudevan on increasing India allocation, mid-market deals & more

Private equity firm Creador, which focuses on India and Southeast Asia and once backed names like Ashiana Housing, Ujjivan, PC ......

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Singapore VC firm Golden Gate Ventures rolls out $100-mn MENA fund

Finance

17 May, 2024

Singapore VC firm Golden Gate Ventures rolls out $100-mn MENA fund

Golden Gate Ventures, a Singapore-based early-stage venture capital firm that manages assets worth $250 million across three continents, has launched ......

PB Fintech founders offload partial stake in the company for $130 mn

Finance

17 May, 2024

PB Fintech founders offload partial stake in the company for $130 mn

Yashish Dahiya and Alok Bansal, co-founders of listed firm PB Fintech, which runs insurtech platform Policybazaar and fintech platform Paisabazaar, ......

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InCred Alternatives' Singla on latest PE fund thesis, sweet spots, exits and more

Finance

17 May, 2024

InCred Alternatives' Singla on latest PE fund thesis, sweet spots, exits and more

InCred PE, part of the financial services group InCred that has offerings across lending, wealth and asset management, marked the ......

Sensex, Nifty end at 2-week high, rally fuelled by IT stocks, inflation data

Finance

16 May, 2024

Sensex, Nifty end at 2-week high, rally fuelled by IT stocks, inflation data

Indian shares advanced on Thursday, led by information technology stocks after softer-than-expected U.S. inflation data reignited hopes of at least ......

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How much did Vivriti AMC return to its investors on closure of first fund?

Finance

16 May, 2024

How much did Vivriti AMC return to its investors on closure of first fund?

Mid-market private credit firm Vivriti Asset Management, part of the Chennai-based Vivriti Group, has closed its first private credit fund, ......

BlackRock bullish on India, seeks to grow government bond ETF share

Finance

15 May, 2024

BlackRock bullish on India, seeks to grow government bond ETF share

BlackRock Inc, the world's largest fund manager, is looking to raise its share in India's $500 billion pool of fully ......