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African PE firm SPE Capital taps another returning LP for third fund

Finance

05 February

African PE firm SPE Capital taps another returning LP for third fund

Africa- and Middle East-focused private equity firm SPE Capital, which invests in mid-sized companies, is set to secure......

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Faad Network co-founder on plans for new fund, investment strategy and more

Finance

05 February

Faad Network co-founder on plans for new fund, investment strategy and more

Angel network Faad Network, which launched its angel fund in 2022 and has made over 80 early-stage bets so far, ......

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Grapevine: Hyundai Motor India plans IPO; Temasek weighs healthcare bet

General

05 February

Grapevine: Hyundai Motor India plans IPO; Temasek weighs healthcare bet

South Korean automaker Hyundai Motor is mulling an initial public offering of its Indian unit, Hyundai Motor India, to ......

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Phi Capital scores another exit with outsized returns

Manufacturing

02 February

Phi Capital scores another exit with outsized returns

Private equity firm Phi Capital, which is in the process of raising its second fund with a targeted corpus of ......

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Deals Digest: Funding activity back below $100 mn this week

General

02 February

Deals Digest: Funding activity back below $100 mn this week

Investment activity by private equity and venture capital-backed lowered significantly this week, with the total value ......

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Samara Capital in fray to invest in PE-backed contract drugmaker

Healthcare

02 February

Samara Capital in fray to invest in PE-backed contract drugmaker

Homegrown private equity fund Samara Capital has emerged as one of the frontrunners to invest in a Mumbai-based ......

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Bottomline: Lightrock-backed axio's FY23 revenue doubles but losses widen too

TMT

02 February

Bottomline: Lightrock-backed axio's FY23 revenue doubles but losses widen too

Non-banking lender axio, which counts Lightrock, Amazon, Elevation Capital, Sequoia Capital and Ribbit Capital amongst ......

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MENA Digest: Car rental service Ejaro, two others raise early-stage funding

General

02 February

MENA Digest: Car rental service Ejaro, two others raise early-stage funding

Funding activity in the Middle East and North Africa region this week was led by a Saudi peer-to-peer car rental ......

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Blackstone tweaks Indian portfolio exit plan in second attempt

Finance

02 February

Blackstone tweaks Indian portfolio exit plan in second attempt

Private equity behemoth Blackstone, which hit the sell button on a clutch of portfolio companies last year, including ......

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O2 Power's Parag Sharma on cash flows, focusing on greenfield projects and more

Infrastructure

02 February

O2 Power's Parag Sharma on cash flows, focusing on greenfield projects and more

Swedish private equity firm EQT Partners and Singapore state investment firm Temasek set up Indian renewable energy ......