Exclusive

Publication

Byline

Blackstone-backed ASK appoints former Jio-BlackRock exec to lead equity strategy

New Delhi, May 6 -- ASK Investment Managers, an asset and wealth management firm backed by Blackstone, has appointed George Heber Joseph as chief investment officer and CEO of equity. The appointment ... Read More


SEBI orders winding up of Cinema Capital Venture Fund, bans key execs for three years

New Delhi, May 5 -- The Securities and Exchange Board of India (SEBI) has ordered the winding up of a homegrown venture capital fund focusing on the film and entertainment sector within three months a... Read More


QED plans $300 mn investment in Asia-Pacific, expand focus to mid-stage rounds

New Delhi, May 5 -- Fintech-focused global investment firm QED Investors, which started investing in Asia in 2020, expects to deploy nearly $250-300 million in the region over the next five years, a t... Read More


Volt14, SaleAssist.ai secure funding

New Delhi, May 5 -- Battery-tech startup Volt14 and SaaS company SaleAssist.ai have raised funding from various investors, the companies said on Monday. Volt14 Volt14 has raised $1.87 million (Rs 15... Read More


How a recent RBI move gives foreign firms greater flexibility in M&A deal structuring

New Delhi, May 5 -- Is deferred consideration in mergers and acquisitions (M&As) permissible when an Indian subsidiary of a foreign company is buying shares of an Indian company from an Indian seller ... Read More


Elevar Equity-backed FinX buys BSE's financial education arm

New Delhi, May 5 -- Skilling and training platform FinX announced on Monday that it has acquired BSE Institute, the financial education and training subsidiary of the BSE, in a move aimed to strengthe... Read More


Saudi VC firm STV closes maiden non-dilutive capital fund

New Delhi, May 2 -- Saudi Technology Ventures (STV), the region's largest tech-focused venture capital firm and a backer of unicorns like buy-now-pay-later platform Tabby, has marked the final close o... Read More


Veteran dealmaker Bhanshali's investment firm Enam invests in EKA Mobility

New Delhi, May 2 -- Enam Holdings, co-founded by veteran venture capitalist and investment banker Vallabh Bhanshali, has made a private equity-style investment in an electric commercial vehicle manufa... Read More


Former HDFC Bank, Axis Bank exec joins Equirus Group as vice chairman

New Delhi, May 2 -- Equirus Group has appointed Ganesh Sankaran, a seasoned banking professional, as vice chairman and whole-time director. In his new role, Sankaran will oversee the group's investmen... Read More


MENA Digest: Saudi firm Tuba, Iraq's IQ Cars, UAE's Fuze secure funding

New Delhi, May 2 -- Dealmaking in the Middle East and North Africa region picked up pace this week, led by a series of big-ticket fundraises. These included a triple-digit pre-IPO funding round by dig... Read More