🚀 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
Ascent Capital onboards new LP for $240 mn PE fund
VCCircle
·
10m ago
Medial
- Ascent Capital secures commitment from a new LP for its latest $240 million PE fund. - The mid-market private equity firm has added a new limited partner (LP) to their portfolio. - Ascent Capital is known for investing in companies like BigBasket, MyGlamm, Fresh2Home, and Acko. - The firm started seeking commitments for the new fund earlier this year. - They aim to raise Rs 2,000 crore ($240 million) for their latest fund.
View Source
Related News
East Africa-focused PE firm Ascent Capital strikes fourth bet from fund II
VCCircle
·
1y ago
Medial
Ascent Capital, an East Africa-focused private equity firm, has made its fourth investment from its second fund, Ascent Rift Valley Fund II. The firm acquired a minority stake in Kenyan paper packaging manufacturing company, Dune Packaging, through the $128 million fund. Dune Packaging produces paper packaging materials used in various industries, including food and beverage, pharmaceuticals, and retail. The deal includes veto rights for Ascent Capital in terms of senior management appointment, business plans, and budgeting decisions. Ascent Capital's second fund invests in small and medium-sized enterprises across Ethiopia, Kenya, Uganda, Rwanda, and Tanzania in various sectors.
View Source
South African PE firm Summit Africa onboards returning LP for second fund
VCCircle
·
5m ago
Medial
Summit Africa, a South African alternative investment firm supporting SMEs, has introduced its second private equity investment fund, aiming for a $135-million target corpus. This new fund, known as Summit Private Equity Fund II (SPEF II), includes the participation of a returning limited partner. Summit Africa, headquartered in Johannesburg, is focusing on scaling its investment operations with this new venture, building on prior successful engagements in the sector.
View Source
African PE RMBV onboards another LP for debut independent fund
VCCircle
·
3m ago
Medial
North Africa-focused private equity firm RMBV, formerly part of the Abraaj Group, has onboarded a French limited partner for its debut independent fund. The Tunisia-based firm is nearing the first close of this independent investment vehicle. Established as an independent entity in 2019 after Abraaj's collapse, RMBV is moving forward with securing investments for its new venture.
View Source
Saudi VC firm Waad Investment onboards Omani LP for $200-mn fund
VCCircle
·
5m ago
Medial
Saudi Arabia's Waad Investment, a venture capital firm, has secured a commitment from the Oman Investment Authority's technology arm for its $200 million fund. The fund targets growth-stage startups within the Gulf Cooperation Council (GCC) region. Supported by a consortium of Gulf investors and family offices, Waad Investment aims to foster innovative startups. This collaboration highlights regional efforts to bolster the entrepreneurship ecosystem and advance technology-driven investments in the GCC.
View Source
Beco Capital onboards another Saudi LP for fourth venture capital fund
VCCircle
·
5m ago
Medial
Beco Capital, a UAE-based venture capital firm with assets around $500 million, has added a Saudi state-owned firm as a limited partner to its fourth fund. This new fund aims to support early-stage tech startups in the Gulf region. Headquartered in Dubai, Beco Capital has previously invested in over 50 startups, showcasing its commitment to fostering innovation and growth in the technology sector.
View Source
African PE firm Alterra Capital gets offshore LP for $400-mn fund
VCCircle
·
4m ago
Medial
Alterra Capital Partners, a Johannesburg-based private equity firm focused on Africa, has secured an international limited partner for its pan-African mid-cap fund. This commitment adds to their $400 million Alterra Africa Accelerator Fund, which supports high-growth African companies. Established in 2020 by former members of the Carlyle Africa team, Alterra Capital aims to leverage its regional expertise to foster economic development and growth across African markets.
View Source
Ascent Capital signing off from a decade-old portfolio company
VCCircle
·
10m ago
Medial
- Ascent Capital is a private equity firm in India. - The firm has recently exited its portfolio company after a decade of investment. - Raja Kumar is the founder and managing partner of Ascent Capital. - Ascent Capital focuses on growth equity investments and has been active in mid-stage venture capital deals. - The firm is currently raising a new fund and has recently added a new Limited Partner (LP).
View Source
Saudi VC Vision Ventures onboards Jordanian LP for second fund
VCCircle
·
8m ago
Medial
Saudi venture capital firm, Vision Ventures, has secured a limited partner commitment from Jordan's Innovative Startups and Small and Medium Enterprises Fund (ISSF) for its second fund, Saqr Fund II. ISSF, backed by the World Bank and the Central Bank of Jordan, has committed $5m to the $90m target fund to invest in Jordanian startups. Vision Ventures has already started deploying capital from Saqr Fund II, with investments including full-stack inventory management platform for the retail industry, Rewaa. Vision Ventures focuses on sectors such as fintech, SaaS, cybersecurity, and infrastructure technologies.
View Source
Omnivore onboards offshore LP for third venture capital fund
VCCircle
·
11m ago
Medial
Agriculture-focused venture capital firm, Omnivore, has secured an offshore limited partner for their third investment fund worth $175-180 million. The firm previously closed its Omnivore Agritech & Climate Sustainability Fund at $150 million and has now partnered with a French firm for additional support.
View Source
Africa-focused PE firm DPI onboards returning LP for fourth fund
VCCircle
·
3m ago
Medial
Development Partners International (DPI), an Africa-focused private equity firm managing assets and co-investments exceeding $3 billion, has engaged a returning European limited partner for its largest upcoming PE fund in Africa. With its headquarters in London, DPI has secured significant investment for this fourth outing, marking a substantial milestone in their ongoing expansion strategy across the African continent. This move reflects a strong endorsement of DPI's investment approach and the growth potential in Africa.
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
