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MENA Digest: SiFi,  Elevate raise funds; May VC funding up 5 times from April, down 58% YoY

TMT

07 June

MENA Digest: SiFi, Elevate raise funds; May VC funding up 5 times from April, down 58% YoY

Saudi Arabia-based fintech startup Simplified Financial Solutions Company (SiFi) led funding activity in the Middle East......

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How bottled water brand Clear aims to step up growth after getting PE cheque

Consumer

07 June

How bottled water brand Clear aims to step up growth after getting PE cheque

Gujarat-based bottled water maker Clear Premium Water plans to expand its basket of offerings and grow its production ......

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Bottomline: Fullerton-backed Lendingkart's FY24 profit nearly halves; revenue, AUM up

Finance

07 June

Bottomline: Fullerton-backed Lendingkart's FY24 profit nearly halves; revenue, AUM up

Lendingkart Finance Ltd, the non-banking financial company (NBFC) owned and operated by the Lendingkart Group, saw its ......

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Path to profitability key in Egyptian VC Beltone's deployment strategy

Finance

07 June

Path to profitability key in Egyptian VC Beltone's deployment strategy

Egypt-based Beltone Venture Capital (BVC), which is a subsidiary of Beltone Holding and is currently deploying capital... ...

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Grapevine: CPPIB, Cube Highways eye NIIF assets; Warburg Pincus, ChrysCap join race for BSV

General

07 June

Grapevine: CPPIB, Cube Highways eye NIIF assets; Warburg Pincus, ChrysCap join race for BSV

Canada Pension Plan Investment Board (CPPIB) and Cube Highways are final contenders for the road assets of National ......

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ADV Partners' Suresh Prabhala on deploying second fund, a possible third outing and more

Finance

07 June

ADV Partners' Suresh Prabhala on deploying second fund, a possible third outing and more

Asian private equity firm ADV Partners, which has backed companies such as Arjas Steel, Micro Plastics, Dr Agarwal's......

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PE firms eye stake in diaper maker Nobel Hygiene as existing backers look to exit

Consumer

06 June

PE firms eye stake in diaper maker Nobel Hygiene as existing backers look to exit

A couple of private equity firms are in the race to pick up a stake in diaper maker Nobel Hygiene ......

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Auxano Capital raises target corpus of angel fund, plans new outing

Finance

06 June

Auxano Capital raises target corpus of angel fund, plans new outing

Growth stage venture capital (VC) firm Auxano Capital, which has backed companies like online pet care platform PetSutra......

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Can Bioplus bounce back from revenue stagnation after PE investor's exit?

Healthcare

06 June

Can Bioplus bounce back from revenue stagnation after PE investor's exit?

Healthcare supplements maker Bioplus Life Sciences Pvt. Ltd, which was a portfolio company for Asia-focused private ......

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Botanic Healthcare in talks with PE firms to pick up funding cheque

Botanic Healthcare in talks with PE firms to pick up funding cheque

Botanic Healthcare Pvt. Ltd, a business-to-business supplier of herbal extracts, essential oils and plant vitamins, is ......