Dilasha Seth - Author at VCCircle
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Dilasha Seth

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MENA Digest: Pathfinder leads funding this week; Saudi's OTO gets another VC onboard

TMT

26 July, 2024

MENA Digest: Pathfinder leads funding this week; Saudi's OTO gets another VC onboard

UAE-based retail technology solutions provider Pathfinder led funding activity in the Middle East and North Africa region this week, securing ......

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Egyptian conglomerate to pick up majority stake in Amethis-backed industrial goods distributor

Infrastructure

26 July, 2024

Egyptian conglomerate to pick up majority stake in Amethis-backed industrial goods distributor

Egyptian conglomerate Mansour Group-owned Unatrac Holding Ltd, a dealer of specialized machinery and equipment in ten countries, is set to ......

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IFC set to invest in Moroccan warehousing and logistics firm

Infrastructure

25 July, 2024

IFC set to invest in Moroccan warehousing and logistics firm

The World Bank’s private investment arm International Financial Corporation (IFC) is set to acquire a minority stake in a Moroccan ......

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Mauritian PE Adenia closes buyout of Air Liquide Africa assets, rebrands business

Manufacturing

24 July, 2024

Mauritian PE Adenia closes buyout of Air Liquide Africa assets, rebrands business

Mauritius-based private equity firm Adenia Partners, which announced the acquisition of French multinational Air Liquide’s businesses in a dozen African ......

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Africa, South Asia-focused SDG Outcomes Fund set to get European investor

Finance

23 July, 2024

Africa, South Asia-focused SDG Outcomes Fund set to get European investor

SDG Outcomes Fund, a development and social outcomes investment vehicle focused on low- and middle-income countries in Africa and South ......

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Jordan's ISSF raises LP-style bet on early-stage VC fund

TMT

22 July, 2024

Jordan's ISSF raises LP-style bet on early-stage VC fund

Jordan’s Innovative Startups and Small and Medium Enterprises Fund (ISSF) made a limited partner-style follow-on investment in an existing portfolio ......

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Egyptian fintech unicorn MNT-Halan raises funds from marquee investors

Finance

22 July, 2024

Egyptian fintech unicorn MNT-Halan raises funds from marquee investors

Chimera-backed MNT-Halan, Egypt's first unicorn and its largest fintech platform, has secured additional funding from several international investors, including private ......

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South African PE firm Metier closes latest fund, tops target

Finance

19 July, 2024

South African PE firm Metier closes latest fund, tops target

Metier, an Africa-focused private equity firm that backs mid-market companies in Sub-Saharan Africa, has marked the final close of its ......

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Riyadh's Hades Financial readies $500 mn India plan for direct, LP bets

Finance

19 July, 2024

Riyadh's Hades Financial readies $500 mn India plan for direct, LP bets

Hades Financial Private Capital Group (HFPCG), a Riyadh-based investment management firm and a limited partner that manages assets worth $6.1 ......

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Alpha Dhabi Holding to sell stake in oilfield services firm to JV with ADNOC Drilling

Infrastructure

17 July, 2024

Alpha Dhabi Holding to sell stake in oilfield services firm to JV with ADNOC Drilling

Alpha Dhabi Holding, a unit of Abu Dhabi’s International Holding Company (IHC), will transfer its controlling stake in an oilfield ......