ADQ
Finance
Gulf VC Shorooq Partners marks final close of third fund with oversubscription
Shorooq Partners, an Abu Dhabi-based venture capital firm focused on early-stage tech startups, marked the final close of its second VC ......
TMT
ADQ, Oman Investment Authority float VC fund to make bets in buzzing MENA startup market
Gulf sovereign wealth investors – Abu Dhabi’s ADQ and Oman Investment Authority – have jointly floated a tech-focussed venture capital ......
Consumer
Abu Dhabi wealth fund ADQ signs deal for stake in Egypt luxury hotels
Abu Dhabi wealth fund ADQ has agreed to acquire a 40.5% stake in ICON, the hospitality arm of Egypt's Talaat ......
TMT
ADQ-backed Filipino fintech Salmon set to snag fresh equity funding
Fintech Holdings Ltd, a Filipino fintech firm that operates under the Salmon brand and counts Abu Dhabi sovereign wealth fund ......
Healthcare
Serum to double investment in PE-backed Biocon Biologics to $300 mn
A unit of Adar Poonawalla-led Serum Institute of India, the world's biggest vaccine maker, will double its investment to $300 ......
General
Grapevine: Vedanta approaches SWFs for stake sale; Phoenix ARC to buy Bandhan's bad loans
With debt repayments up to $2 billion maturing by June, billionaire Anil Agarwal-led Vedanta Resources Ltd (VRL) has reached out ......
Finance
Abu Dhabi's ADQ, IHC tie up with General Atlantic on asset management
Abu Dhabi sovereign wealth fund ADQ and local conglomerate IHC said on Monday they plan to create a multi-asset class ......
TMT
Simplilearn looks to turn profitable by FY24, CEO says
Blackstone-backed upskilling platform Simplilearn Solutions Pvt. Ltd, on Wednesday said that it expects to reach net profitability by FY24, a ......
Healthcare
India's Biocon in talks with Mylan to merge biosimilar businesses - Moneycontrol
Indian drugmaker Biocon Ltd is in talks with generic drugmaker Mylan for a merger of their biosimilar businesses, financial news ......
TMT
Spinny closes $283 mn round in Series E funding, valued at $1.8 bn
Spinny, a used car retailing platform in India operated by Valuedrive Technologies Pvt Ltd, announced on Tuesday the closure of ......
