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PIF-backed Jada, Saudi Venture Capital make LP bets on Investcorp, Shorooq funds

Finance

16 June, 2023

PIF-backed Jada, Saudi Venture Capital make LP bets on Investcorp, Shorooq funds

Saudi Venture Capital and a unit of the Gulf kingdom’s sovereign wealth fund have made limited partner-style bets on two ......

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Investcorp realises modest returns from 11-year-old consumer bet

Consumer

16 June, 2023

Investcorp realises modest returns from 11-year-old consumer bet

Bahrain-based global investment manager Investcorp has partially exited a more than a decade-old consumer bet by selling another tranche of ......

Kim Kardashian seeks secret of private equity success as rising rates hurt

People

09 June, 2023

Kim Kardashian seeks secret of private equity success as rising rates hurt

Reality star Kim Kardashian's arrival at a gathering of the globe's top deal brokers in Berlin failed to dispel their ......

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Exclusive: PE funds in race for Indian-origin founders' US-based IT firm

TMT

06 June, 2023

Exclusive: PE funds in race for Indian-origin founders' US-based IT firm

At least two private equity investors are evaluating an investment in a US-based digital transformation services and consulting company that has a significant presence in India, ......

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We are the Zara and H&M of Tier-II and III cities: Citykart founder

Consumer

17 May, 2023

We are the Zara and H&M of Tier-II and III cities: Citykart founder

Citykart Retail Pvt. Ltd, which counts Bahrain-based alternative asset manager Investcorp as one of its investors, not only managed to stay afloat during ......

InCred Capital hires three execs to beef up top deck

Finance

08 May, 2023

InCred Capital hires three execs to beef up top deck

InCred Capital, the wealth and asset management arm of InCred Group, has appointed Akbar Khan, Anjani Kumar and Mahesh Prasad ......

Malaysian sovereign fund Khazanah bets on logistics firm Xpressbees

Infrastructure

28 April, 2023

Malaysian sovereign fund Khazanah bets on logistics firm Xpressbees

Malaysian sovereign wealth fund Khazanah Nasional Berhad has bet $40 million (around Rs 320 crore) on Pune-based logistics company Xpressbees.  Khazanah ......

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Investcorp-backed FreshToHome explores acquisitions to expand scale

TMT

10 April, 2023

Investcorp-backed FreshToHome explores acquisitions to expand scale

Meat and seafood delivery platform FreshToHome, which counts Amazon, Iron Pillar, and Investcorp as its investors, is looking to expand ......

InsuranceDekho acquires Sequoia-backed SME insurance firm Verak

General

04 April, 2023

InsuranceDekho acquires Sequoia-backed SME insurance firm Verak

Investcorp-backed InsuranceDekho, which raised $150 million in one of the largest Series A rounds across the country, on Tuesday said ......

FreshToHome raises Series D funding, led by Amazon Smbhav

Consumer

21 February, 2023

FreshToHome raises Series D funding, led by Amazon Smbhav

Direct-to-consumer meat delivery brand FreshToHome has closed $104 million (Rs 861.3 crore) in a Series D round led by Amazon ......