Reuters

Economy

Monsoon rains in India were 10% above average in 2019 and the highest in 25 years as seasonal rainfall continued ......

Heaviest rains in 25 years to help revive tepid rural demand

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Aman Rawat

People

India Quotient-backed lendingtech company Lendingkart, which primarily provides loans to micro, small and medium enterprises (MSMEs), has appointed Mukund Barsagade ......

Lendingkart ropes in former Paytm Payments Bank exec as Group CFO

Dilasha Seth

Finance

Adenia Partners, a Mauritius-based private equity firm that focuses on mid-sized businesses across Africa, geographically diversified its investor base for ......

Adenia expands LP base beyond legacy regions for oversubscribed fifth fund

Sreeja Biswas

General

Private equity firm General Atlantic is in talks with investment banks for an initial public offering (IPO) of its majority-owned portfolio company, ......

Grapevine: General Atlantic mulls Rubicon IPO; Airtel Eyes Vodafone's Indus Stake

Shorooq Partners, an Abu Dhabi-based venture capital firm focused on early-stage tech startups, marked the final close of its second VC ......

Gulf VC Shorooq Partners marks final close of third fund with oversubscription

Priyal Mahtta

Infrastructure

Warehousing and industrial real estate developer IndoSpace has wrapped up the process to secure capital commitments for its fourth fund, ......

Everstone-backed IndoSpace slashes size of new logistics real estate fund

Malvika Maloo

Suhail Sameer, former chief executive of fintech unicorn BharatPe, has launched his maiden venture capital fund along with entrepreneurs Kunal ......

Former BharatPe CEO Suhail Sameer floats VC fund

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