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Lagos-based PE CardinalStone Capital launches second fund, expands reach
Lagos-based private-equity firm CardinalStone Capital Advisers (CCA), which was spun off from multi-asset investment firm CardinalStone Partners in 2016, has ......
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Grapevine: KKR, Mizuho, Reliance Consumer, Acko, Dhan, others in news
Mizuho Financial Group is set to acquire Avendus Capital, while Reliance Consumer Products is in advanced talks to pick up ......
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Grapevine: Fairfax, Kotak in final lap for IDBI Bank stake sale; Spinny to raise fresh funds
Toronto-based Fairfax Financial and Kotak Mahindra Bank have emerged as frontrunners to acquire a controlling stake in IDBI Bank from ......
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Soleos, Toffee Coffee Roasters pocket early-stage cheques, Mamaearth enters new segment
Engineering procurement construction (EPC) provider Soleos Solar Energy and direct-to-consumer coffee brand Toffee Coffee Roasters have raised early-stage funding, while ......
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Grapevine: KKR, Avendus, Swiggy, Temasek, GIC, Nomura, SoftBank, others in news
Global PE major KKR has acquired a stake in financial services provider Avendus Capital. In fund-raising, Swiggy’s Rs 10,000 crore (around ......
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Energy, data, AI to drive GCC capital inflow: Panellists at VCCircle LP Summit in Dubai
The Gulf Cooperation Council (GCC) region, particularly the UAE, is offering investors a wider spectrum of opportunities beyond the traditional ......
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Private credit norms across Gulf must be streamlined: Amplify's Sharaf Sharaf at VCCircle LP Summit
The streamlining of regulatory norms across Gulf countries will bolster private credit investments in the region, Sharaf Sharaf, Fund Head, ......
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Only scratched the surface of India-UAE corridor: Panellists at VCCircle LP Summit in Dubai
India and the United Arab Emirates have merely scratched the surface when it comes to investment collaborations and there are ......
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Elecbits, Earthful, SuperBryn, others pocket early-stage cheques
A B2B platform for electronics Elecbits, plant-based nutritional supplements direct-to-consumer brand Earthful, voice AI startup SuperBryn, workspace platform ClayWorks, genAI ......
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Grapevine: Tata Steel to buy majority stake in Thriveni Pellets; RMZ Corp mulls IPO
Tata Steel is set to acquire a 50.01% stake in Odisha-based Thriveni Pellets, The Economic Times reported, citing people aware ......