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Bottomline: Udaan's NBFC struggles to scale up, faces asset quality concerns

Finance

30 October, 2024

Bottomline: Udaan's NBFC struggles to scale up, faces asset quality concerns

Hiveloop Capital Pvt. Ltd, the lending arm of business-to-business e-commerce unicorn Udaan, is increasingly tapping ......

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Artal Capital CEO on key sectors for maiden PE fund, deals, Saudi IPO market, and more

Finance

30 October, 2024

Artal Capital CEO on key sectors for maiden PE fund, deals, Saudi IPO market, and more

Riyadh-based multi-asset investment firm Artal Capital, which manages assets worth $600 million, is eyeing deals in tech......

Saudi Arabian wealth fund PIF to cut overseas investments

Finance

30 October, 2024

Saudi Arabian wealth fund PIF to cut overseas investments

Saudi Arabia's sovereign wealth fund plans to cut its overseas investments by about a third, its governor told a ......

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Exclusive: Former Warburg Pincus exec Niten Malhan's investment firm raises second fund

Finance

29 October, 2024

Exclusive: Former Warburg Pincus exec Niten Malhan's investment firm raises second fund

Niten Malhan, a former India co-head at private equity giant Warburg Pincus, has raised a second fund under the banner ......

South Korea's IMM Investment onboards anchor investor for first India fund

Finance

29 October, 2024

South Korea's IMM Investment onboards anchor investor for first India fund

South Korea-based IMM Investment, which has close to $7 billion in assets under management, has roped in an anchor ......

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Gulf Islamic Investments raises additional capital to strike deals in GCC region

Finance

29 October, 2024

Gulf Islamic Investments raises additional capital to strike deals in GCC region

UAE-based Gulf Islamic Investments (GII), which manages assets under management of over $4.5 billion across private ......

Mubadala ties up with Temasek unit Seviora for co-investments

Finance

29 October, 2024

Mubadala ties up with Temasek unit Seviora for co-investments

Mubadala Investment Company's Mubadala Capital and Seviora Holdings, a unit of Singapore state investor Temasek, are......

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DPI strikes ninth bet from one of largest PE funds of Africa

Finance

29 October, 2024

DPI strikes ninth bet from one of largest PE funds of Africa

Africa-focused private equity firm Development Partners International (DPI), which manages assets and co-investments ......

Lockton gets IRDAI nod for Arihant's insurance arm acquisition

Finance

29 October, 2024

Lockton gets IRDAI nod for Arihant's insurance arm acquisition

US-based private insurance company Lockton has received approval from Indian insurance regulator IRDAI to fully acquire ......

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Sector Scan: Why affordable housing financiers are the new talk of PE town

Finance

29 October, 2024

Sector Scan: Why affordable housing financiers are the new talk of PE town

Affordable housing finance companies are finding favour among large private equity firms as the strong demand for such ......

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