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Abraaj founder loses challenge to US extradition on fraud charges

Finance

09 March, 2023

Abraaj founder loses challenge to US extradition on fraud charges

The founder of collapsed private equity company Abraaj Group on Wednesday lost a bid to challenge his extradition from London ......

Kaleidofin raises additional $15 mn in Series B funding

Finance

04 May, 2022

Kaleidofin raises additional $15 mn in Series B funding

Chennai-based Kaleidofin Pvt. Ltd, which operates an eponymous neobanking platform, has raised $15 million as a part of its Series B funding round, led by Michael & Susan Dell ......

Serum Institute to get $150 mn from Gates Foundation for COVID-19 vaccine

Healthcare

07 August, 2020

Serum Institute to get $150 mn from Gates Foundation for COVID-19 vaccine

Serum Institute of India said on Friday it would receive $150 million in funding from the Bill & Melinda Gates ......

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Dairy-tech firm Stellapps set to milk Dutch investor, three others in bridge round

TMT

09 June, 2020

Dairy-tech firm Stellapps set to milk Dutch investor, three others in bridge round

Stellapps Technologies Pvt. Ltd, an Internet of Things (IoT) firm operating in the dairy supply chain, is in the process ......

Online pharmacy 1mg pops a funding pill from Bill & Melinda Gates Foundation

TMT

03 February, 2020

Online pharmacy 1mg pops a funding pill from Bill & Melinda Gates Foundation

1mg Technologies Pvt. Ltd, which operates health-technology startup and online pharmacy 1mg, has raised around Rs 71 crore (nearly $10 ......

Former Abraaj managing partner pleads guilty to US fraud charges

Finance

01 July, 2019

Former Abraaj managing partner pleads guilty to US fraud charges

A former executive of collapsed Dubai private equity firm Abraaj Capital Ltd on Friday pleaded guilty to U.S. fraud and ......

Former Abraaj CFO Ashish Dave, two others face US fraud charges

Finance

14 June, 2019

Former Abraaj CFO Ashish Dave, two others face US fraud charges

U.S. prosecutors on Thursday unveiled criminal charges against three more former executives of collapsed Dubai private equity firm Abraaj Capital ......

Abraaj founder released from custody after paying $19 mn bail

Finance

29 May, 2019

Abraaj founder released from custody after paying $19 mn bail

Arif Naqvi, the Pakistani founder of collapsed private equity firm Abraaj Group, has been released from custody after meeting bail ......

TPG inks pact to take over management of Abraaj's healthcare fund

Finance

10 May, 2019

TPG inks pact to take over management of Abraaj's healthcare fund

U.S. private equity firm TPG said on Thursday it has signed a definitive agreement to takeover the management of a ......

Abraaj founder kept in custody in absence of $20 mn bail

Finance

08 May, 2019

Abraaj founder kept in custody in absence of $20 mn bail

Arif Naqvi, the founder of collapsed buyout firm Abraaj Group, was on Wednesday given another two days to raise a ......