Aman Rawat

Startup

Startups

Food delivery aggregator Swiggy has sold its cloud kitchen business to Beenext-backed Loyal Hospitality Pvt. Ltd, which operates cloud kitchen ......

VC-backed Kitchens@ buys Swiggy's cloud kitchens after snapping Zomato's ZIS

Debjyoti Roy

Loyal Hospitality Pvt. Ltd, which provides kitchens for restaurants, has raised its first round of venture debt capital just within ......

VC-backed shared cooking platform Kitchens@ secures venture debt

Bruhadeeswaran R

Bengaluru-based Loyal Hospitality Pvt. Ltd, which provides kitchens for restaurants, has raised Series B funding from new investors in a ......

Cloud kitchen Loyal Hospitality gets new overseas investors as Zomato exits

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K Amoghavarsha

General

A large transaction in the healthcare sector and a couple of mid-sized transactions boosted the total value of private equity ......

Deals Digest: Weekly volume drops but total value jumps on large PE transaction

Reuters

Chinese food delivery giant Meituan is seeking to hire staff for at least eight positions based in Riyadh, in a sign ......

China's Meituan looking to foray into Saudi Arabia in a bid to expand

Infrastructure

The United Arab Emirates will tender shortly for the construction of a new nuclear power plant that would double the ......

UAE planning a second nuclear plant, to seek bids this later year

Dilasha Seth

Funding activity in the Middle East and North Africa region revived this week with a slew of early-stage deals, led ......

MENA Digest: UAE's WEE Marketplace, three Egyptian startups secure funding

Healthcare

US-based private equity firm Advent International has agreed to invest Rs 2,475 crore ($296 million) to pick up a minority ......

Advent International to invest $296 mn in Apollo Hospital unit

Malvika Maloo

Manufacturing

ADV Partners, a private equity firm which invests across sectors in Asia, has exited one of its five-year old bets ......

ADV Partners strikes exit from a five-year old India bet

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