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MENA Digest: Saudi's Al Menu leads funding activity; Global Ventures onboards new LP

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04 October

MENA Digest: Saudi's Al Menu leads funding activity; Global Ventures onboards new LP

Saudi Arabian foodtech SaaS firm Al Menu led startup funding activities in the Middle East and North Africa region this ......

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General

04 October

New funds generating returns, selecting right GPs critical: Panellists at LP Summit Dubai 2024

Funds with a small corpus or those which are at their maiden vehicle stage have proven to be strong contenders ......

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General

04 October

Grapevine: IFC may exit Apollo's clinic chain; MUFG renews bid for Yes Bank

Apollo Hospitals Enterprise Ltd plans to sell a significant stake in its subsidiary, Apollo Health & Lifestyle Ltd (AHLL......

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Finance

04 October

Africa-focused Dutch PE firm XSML Capital taps another LP for fourth fund

XSML Capital, an Africa-focused Dutch private equity firm that manages assets worth over $150 million and marked the ......

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Finance

03 October

LP Summit Dubai 2024: Conversion-based milestones key strategy to mitigate risks, say panellists

Conversion-based milestones, where funds are released based on the achievement of specific goals, is seen as the best ......

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Finance

03 October

Africa-focused Acre Impact gets offshore LP for debut export finance fund

Acre Impact Capital, an Africa-focused private-debt impact investment manager that marked the first close of its debut ......

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Infrastructure

04 October

Amplus' Sharad Pungalia on outlook of Indian renewables industry, product mix and more

In April 2019 Malaysian oil and gas giant Petroliam Nasional Berhad (Petronas) acquired Indian solar energy company ......

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TMT

04 October

Bottomline: Bessemer-backed Lentra's growth rate slows as losses worsen

Cloud-based lending platform Lentra AI Pvt. Ltd, which counts names like HDFC Bank, Bessemer India, MUFG Bank Ltd among ......

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Infrastructure

03 October

AP Moller Capital, another Danish PE firm get LP cheque for funds with India mandate

Copenhagen-based private equity firm AP Moller Capital and one of its Danish peers have secured commitments from a ......

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Finance

03 October

French PE firm Amethis gets another US LP for pan-African fund

Amethis, a French private equity firm that backs mid-sized businesses in Africa and Europe and manages a portfolio of ......