Shubhobrota Dev Roy

Startups

Global tech firm ABB Group’s electric mobility arm has acquired a controlling stake in Bengaluru-based electric vehicular infra company, Numocity ......

ABB's e-mobility wing buys controlling stake in EV-focused firm Numocity

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TEAM VCC

Awign, an HR-tech startup that offers Work-as-a-Service platform, has found an international strategic investor that has picked a majority stake, ......

How HR-tech startup Awign got valued in strategic deal as Capria, Amicus exit

K Amoghavarsha

General

A large transaction in the healthcare sector and a couple of mid-sized transactions boosted the total value of private equity ......

Deals Digest: Weekly volume drops but total value jumps on large PE transaction

Reuters

Chinese food delivery giant Meituan is seeking to hire staff for at least eight positions based in Riyadh, in a sign ......

China's Meituan looking to foray into Saudi Arabia in a bid to expand

Infrastructure

The United Arab Emirates will tender shortly for the construction of a new nuclear power plant that would double the ......

UAE planning a second nuclear plant, to seek bids this later year

Dilasha Seth

Funding activity in the Middle East and North Africa region revived this week with a slew of early-stage deals, led ......

MENA Digest: UAE's WEE Marketplace, three Egyptian startups secure funding

Debjyoti Roy

Healthcare

US-based private equity firm Advent International has agreed to invest Rs 2,475 crore ($296 million) to pick up a minority ......

Advent International to invest $296 mn in Apollo Hospital unit

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