🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
✕
Login
Home
News
Messages
Startup Showcase
Trackers
Premium
Premium Content
Jobs
Notifications
Settings
Try our Valuation Calculator →
Log In
News on Medial
Abu Dhabi, Qatar wealth funds back Adani Energy's share sale of up to $1 bn
VCCircle
·
1y ago
Medial
Abu Dhabi Investment Authority and Qatar Investment Authority have reportedly invested in Adani Energy Solutions' share sale in India, supporting the company with up to $1 billion. This marks Adani Group's first equity fundraising since a previous $2.5 billion share sale was cancelled due to accusations of offshore tax havens and stock manipulation. The recent investment is expected to aid Adani in recovering from the sell-off that occurred after the accusations were made. The share sale by Adani Energy, the power transmission and distribution company, raised funds through a Qualified Institutional Placement.
View Source
Related News
Abu Dhabi wealth fund ADQ raises $2 bn via bond issue
VCCircle
·
10m ago
Medial
Abu Dhabi sovereign wealth fund ADQ has successfully raised $2 billion through a bond issue, according to reports. The two-tranche bond sale saw strong investor demand, with order books reaching $8 billion. The offering included a $1 billion 7-year tranche at 85 basis points over U.S. Treasuries, and a $1 billion 30-year tranche at 120 bps over. ADQ intends to use the funds to diversify its funding sources for future acquisitions. The wealth fund, fully owned by the Abu Dhabi government, has over $225 billion in assets under management.
View Source
Abu Dhabi’s Mubadala overtakes Saudi Arabia’s PIF as world’s top wealth fund spender
Livemint
·
7m ago
Medial
Abu Dhabi's Mubadala Investment Company became the top spender among sovereign wealth funds in 2024, surpassing Saudi Arabia's Public Investment Fund, with an investment of $29.2 billion. The increase reflects a broader Gulf region trend, with Abu Dhabi, Qatar, and Saudi Arabia investing a record $82 billion. Sovereign funds focused significantly on digital infrastructure and AI, marking $27.7 billion in investments. Overall, sovereign wealth assets reached $13 trillion, highlighting their growing global financial impact.
View Source
QIA to invest over $1 bn in VC funds
VCCircle
·
1y ago
Medial
Qatar Investment Authority (QIA), Qatar's sovereign wealth fund, has announced plans to invest over $1 billion in venture capital funds as part of its strategy to develop the start-up and venture capital sector in Qatar and neighboring countries. The fund, named the "Fund of Funds," aims to attract international venture capital firms and entrepreneurs to Qatar and the Gulf Arab states while also generating market-level commercial returns for QIA. This move highlights QIA's focus on technology investments and its commitment to supporting innovative businesses in the region.
View Source
US' Golub Capital to set up base in Abu Dhabi
VCCircle
·
8m ago
Medial
US lender Golub Capital is set to open an office in Abu Dhabi, joining a growing list of firms looking to expand their business in the region and form ties with wealth funds. The company, which has more than $70bn of assets under management, has received preliminary approval for a licence to operate out of the Abu Dhabi Global Market centre. The move follows the decision by sovereign wealth funds to invest in the Middle East and the presence of an attractive regulatory environment.
View Source
Adani family plans to raise $3.6 bn via promoter share sales
Livemint
·
11m ago
Medial
The Adani family, owners of businesses ranging from airports to edible oil, is expected to raise up to $3.6 billion by selling part of its promoter holdings in Adani group companies over the next 12-18 months. This comes as a strategy to rebalance their wealth portfolio due to the sharp increase in Adani Group firm's share prices in the past year. The family's share-sale plan includes a 0.5-3% monetization of promoter stake, beginning with the sale of a stake worth ₹3,000-4,000 crore in Ambuja Cements Ltd. Other unlisted businesses may also see stake sales.
View Source
Abu Dhabi wealth fund ADQ, Orion team up to invest $1.2 bn in metals, mining
VCCircle
·
6m ago
Medial
Abu Dhabi's sovereign wealth fund ADQ and Orion Resource Partners are forming a joint venture to invest $1.2 billion in the metals and mining sector. Based in Abu Dhabi, this 50-50 partnership will focus on emerging markets in Africa, Asia, and Latin America over four years. The investment will utilize various asset classes, including equity and debt. This initiative supports Abu Dhabi's economic diversification efforts by securing critical raw materials for future industries.
View Source
ADIA plans to invest $4-5 bn in India via GIFT City fund
VCCircle
·
1y ago
Medial
Abu Dhabi Investment Authority (ADIA), the largest sovereign wealth fund in UAE, is establishing a $4-5 billion fund to invest in India through a tax-neutral finance hub in Gujarat. ADIA has received in-principal approval from the regulatory authority of Gujarat International Finance Tec-City (GIFT City). This move allows ADIA to become the first sovereign wealth fund to invest in India via GIFT City and strengthens ties between the UAE and India. The funds will be invested over time, and GIFT City offers various benefits, including a 10-year tax holiday and proximity to Indian markets.
View Source
Qatar Investment Authority makes first bet from $1-bn VC fund of funds
VCCircle
·
6m ago
Medial
Qatar Investment Authority (QIA), a sovereign wealth fund, has made its initial investment from its $1 billion VC fund of funds. The investment is in a local venture capital firm that focuses on growth-stage tech startups in the region. This marks a significant step for QIA, headquartered in Doha, as it launched this VC fund of funds last year to support the burgeoning tech sector in the area.
View Source
Abu Dhabi's IHC to sell its investments in Adani's 2 companies
Livemint
·
1y ago
Medial
Abu Dhabi conglomerate International Holding Company (IHC) has announced its plans to sell its investments in Adani Green Energy and Adani Energy Solutions, two companies within the Adani Group. The IHC holds over one percent stakes in both firms, with a combined value of ₹3,327 crore. The buyer and financial details of the transaction have not been disclosed. The IHC is currently in the process of obtaining the necessary regulatory approvals to proceed with the sale.
View Source
General Atlantic planning to open office in Abu Dhabi
VCCircle
·
10m ago
Medial
General Atlantic, a New York-based private equity firm, plans to open an office in Abu Dhabi by the end of the year, according to sources. The firm has received preliminary approval for a license to operate in the Abu Dhabi Global Market. The final approval is expected to be granted by the end of 2024. General Atlantic's move follows other asset managers and hedge funds that have set up in the UAE capital's financial centre, attracted by opportunities to deepen relationships with sovereign wealth funds. General Atlantic is being supported by asset manager Mubadala Capital.
View Source
Trackers
Active Indian VC’s
OG Capital
Email
With a hands-on approach, OG Capital aims to invest in over 20 promising...
Accel Partners
Email
Early and growth-stage investments in disruptive technology companies with...
Blume
Email
Early-stage venture capital firm investing in technology startups in India. Focus on...
Access All Trackers
Startup Showcase Winners
June 2025
Buddy
Helping your parents when you are miles away
BiteStop
The Pit Stop Your Cravings Deserve
Bloomer
The next generation E-commerce platform
Enter Ongoing Startup Showcase
Top Users
Trending News on Medial
Download the medial app to read full posts, comements and news.
Go to Medial App
Not Now
Know everything that’s happening in the startup ecosystem, first.
Enable Notifications?
No, thanks
Count me in
