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I Squared Capital's smart metering firm bags another big-ticket contract

Infrastructure

08 May, 2024

I Squared Capital's smart metering firm bags another big-ticket contract

A company controlled by global private equity fund I Squared Capital has won a major contract to install smart electricity meters ......

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Manipal Hospitals backer Novo Holdings ropes in former IFU exec

People

08 May, 2024

Manipal Hospitals backer Novo Holdings ropes in former IFU exec

Danish investor Novo Holdings, which owns a majority stake in obesity drugmaker Novo Nordisk and manages assets of the Novo ......

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Flutterwave backer LoftyInc courts offshore LP as it aims to quintuple AUM with new Africa VC fund

Finance

08 May, 2024

Flutterwave backer LoftyInc courts offshore LP as it aims to quintuple AUM with new Africa VC fund

LoftyInc Capital, a pan-African early-stage venture capital firm, is likely to secure commitment from a European development finance institution for ......

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Grapevine: Blackstone, Temasek, Bain eye Haldiram; SoftBank may double down on Icertis

General

08 May, 2024

Grapevine: Blackstone, Temasek, Bain eye Haldiram; SoftBank may double down on Icertis

Private equity giants Blackstone, Temasek Holdings, and Bain Capital are weighing the acquisition of a controlling stake in Haldiram Snacks Food Pvt Ltd (HSFPL), a media ......

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Sub-Saharan Africa-focused private debt fund REGMIFA to get another cheque

Finance

08 May, 2024

Sub-Saharan Africa-focused private debt fund REGMIFA to get another cheque

The Regional MSME Investment Fund for Sub-Saharan Africa (REGMIFA), an open-ended private debt fund focusing on micro, small, and medium ......

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Ola gets a breather after sharp valuation cut ahead of planned IPO

TMT

07 May, 2024

Ola gets a breather after sharp valuation cut ahead of planned IPO

An Ola investor that last year slashed the Indian company’s valuation to a level seen nearly a decade ago has ......

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Verlinvest's venture capital arm V3 eyes stake in local kitchenware startup

Consumer

07 May, 2024

Verlinvest's venture capital arm V3 eyes stake in local kitchenware startup

V3 Ventures, the venture capital arm of Belgian investment company Verlinvest and a backer of several homegrown direct-to-consumer brands, is ......

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South Africa's Infra Impact to strike fifth bet as another PE fund set to exit

Infrastructure

07 May, 2024

South Africa's Infra Impact to strike fifth bet as another PE fund set to exit

Infra Impact Investment Managers, a South Africa-based private equity investor that focuses on mid-market infrastructure businesses, is set to strike ......

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Spotlight: Is the tide turning for Gopalpur Ports as Adani takes control?

Infrastructure

07 May, 2024

Spotlight: Is the tide turning for Gopalpur Ports as Adani takes control?

A little over a month ago, India’s biggest port operator got a little bigger. Adani Ports and Special Economic Zone ......

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GEF Capital strikes fresh bet in electric mobility company

Infrastructure

07 May, 2024

GEF Capital strikes fresh bet in electric mobility company

Private equity firm GEF Capital has picked up a stake in a homegrown electric mobility solutions player, which is backed ......