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Grapevine: Jupiter may pick stake in SBM Bank; BluSmart in talks for funding

Consumer

08 October

Grapevine: Jupiter may pick stake in SBM Bank; BluSmart in talks for funding

Neobanking startup Jupiter is said to be pursuing talks to acquire a stake of up to 26% in SBM Bank ......

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Kedaara Capital ropes in former Wipro CEO to strengthen tech portfolio

Finance

08 October

Kedaara Capital ropes in former Wipro CEO to strengthen tech portfolio

Private equity firm Kedaara Capital has appointed former Wipro chief executive Abidali Neemuchwala as an independent ......

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KKR-controlled BMH Group appoints former MGM, Fortis Hospital exec as CEO

Healthcare

08 October

KKR-controlled BMH Group appoints former MGM, Fortis Hospital exec as CEO

Kerala-based hospital chain Baby Memorial Hospital Group, or BMH, in which global private equity firm KKR bought ......

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Adenia set to tap largest North African market to deploy from Fund V

People

08 October

Adenia set to tap largest North African market to deploy from Fund V

Adenia Partners, a Mauritius-based private equity firm that focuses on mid-sized businesses across Africa and manages ......

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HCL's Nadar inks deal to acquire education firm, values target at over 10x revenue

Consumer

08 October

HCL's Nadar inks deal to acquire education firm, values target at over 10x revenue

Billionaire Shiv Nadar, founder of IT services company HCL Technologies Ltd, has signed a deal to acquire an education ......

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Fintech to remain key investment theme in MENA: Panellists at LP Summit Dubai 2024

TMT

07 October

Fintech to remain key investment theme in MENA: Panellists at LP Summit Dubai 2024

Fintech, which has emerged as one of the most funded sectors in the Middle East and North Africa region, will ......

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Searchlight: Can Lifelong Meditech recover after topline falls for a second year?

Healthcare

08 October

Searchlight: Can Lifelong Meditech recover after topline falls for a second year?

Lifelong Meditech Ltd, a manufacturer and exporter of disposable medical devices, reported a drop in revenue for the ......

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PE-backed Northern Arc sets sight on new performing credit fund's final close

Finance

07 October

PE-backed Northern Arc sets sight on new performing credit fund's final close

Newly-listed non-banking finance company Northern Arc Capital, which counts investors like International Finance ......

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Stakeboat-backed Ozonetel strikes fresh B2B acquisition

TMT

07 October

Stakeboat-backed Ozonetel strikes fresh B2B acquisition

Hyderabad-based communications services provider Ozonetel has made a fresh acquisition in the telecommunications sector......

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LC Nueva Investment launches second vehicle to back winners from first fund

Finance

07 October

LC Nueva Investment launches second vehicle to back winners from first fund

LC Nueva Investment Partners, a partnership between Singapore-based Lighthouse Canton and Delhi-based investment firm ......