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Gulf Digest: ZainTech buys cloud firm Adfolks; Baytonia, Lifemost, Clara get funding

TMT

26 May, 2023

Gulf Digest: ZainTech buys cloud firm Adfolks; Baytonia, Lifemost, Clara get funding

Dealmaking in the Middle East during the week was led by the acquisition of the UAE-based cloud engineering services ......

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Deals Digest: Transaction value edges up as PhonePe, Chalo score big cheques

TMT

26 May, 2023

Deals Digest: Transaction value edges up as PhonePe, Chalo score big cheques

The total value of private equity and venture capital deals in India slightly increased this week from the previous five......

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European Investment Bank weighs LP bets on Indian VC funds

Finance

26 May, 2023

European Investment Bank weighs LP bets on Indian VC funds

The European Investment Bank (EIB) intends to make limited partner-style commitments to India-focused venture capital ......

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PE/VC investment volume and value drop in FY23 on a high base

Finance

25 May, 2023

PE/VC investment volume and value drop in FY23 on a high base

The last financial year (FY23) saw a significant slowdown in deal-making in India, largely due to uncertain ......

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Jupiter, Refyne backer QED looks for more fintech bets in India

Finance

25 May, 2023

Jupiter, Refyne backer QED looks for more fintech bets in India

Global fintech-focused venture capital firm, QED Investors, plans to invest a substantial part of its new $925 million ......

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How Dubai VC Global Ventures' bigger third fund differs from its first two vehicles

Finance

25 May, 2023

How Dubai VC Global Ventures' bigger third fund differs from its first two vehicles

Dubai-based venture capital firm Global Ventures has identified new focus areas to deploy capital from its third fund......

 Square Peg, Moore Strategic, others write $10 mn cheque to XFlow

TMT

25 May, 2023

Square Peg, Moore Strategic, others write $10 mn cheque to XFlow

Fintech startup XFlow on Thursday said it has raised $10.2 million (Rs 84.3 crore) in a pre-Series A funding round ......

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Exclusive: Artha Venture Fund gearing up to float new investment vehicle

Finance

25 May, 2023

Exclusive: Artha Venture Fund gearing up to float new investment vehicle

Sector-agnostic venture capital firm Artha Venture Fund is in the preliminary stages of planning its second micro-VC ......

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Matrix Partners' Rajat Agarwal on LP sentiment, dry powder and more

Finance

24 May, 2023

Matrix Partners' Rajat Agarwal on LP sentiment, dry powder and more

Matrix Partners India, one of the most active venture capital investors in the country and a backer of unicorns like ......

Nykaa's Q4 profit declines 72% even as revenue jumps 34%

Consumer

24 May, 2023

Nykaa's Q4 profit declines 72% even as revenue jumps 34%

FSN E-Commerce Ventures Ltd, the parent company of fashion and beauty e-tailer Nykaa, has reported a 72% decline in ......

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