Prasid Banerjee

Startups

Blockchain unicorn 5ire, which achieved $1.5 billion valuation on 15 July with a $100 million fundraise, plans to use the ......

Unicorn 5ire bets on proof-of-benefit for platform adoption

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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

Malvika Maloo

Manufacturing

ADV Partners, a private equity firm which invests across sectors in Asia, has exited one of its five-year old bets ......

ADV Partners strikes exit from a five-year old India bet

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