🚀 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
UAE's Alef Education seeks to raise up to $515 mn in IPO
VCCircle
·
1y ago
Medial
Education technology provider Alef Education is looking to raise up to $515 million in its IPO on the Abu Dhabi bourse. The company plans to offer 1.4 billion shares representing 20% of its share capital at an indicative price range of AED 1.30-1.35 per share. Established in 2016, Alef offers AI-driven and personalised learning programmes, serving over 1.1 million registered students, 50,000 teachers, and 7,000 schools. The IPO is scheduled to commence trading on 12 June.
View Source
Related News
Dubai Holding aims to raise up to $487 mn from IPO of residential REIT
VCCircle
·
2m ago
Medial
Dubai Holding, owned by the emirate's ruler, seeks to raise up to $487 million through the IPO of its residential REIT, Dubai Residential REIT. This marks the first major UAE IPO since December. Offering a 12.5% stake, the REIT is valued at up to $3.9 billion, with dividends anticipated in 2025. Despite regional market volatility, Dubai's post-pandemic property boom, driven by foreign investments and regulatory reforms, sets a promising backdrop for this launch.
View Source
Warburg Pincus-backed Avanse Financial files draft papers for Rs 3,500 Cr IPO
YourStory
·
1y ago
Medial
Avanse Financial Services, an education-focused non-banking financial company (NBFC), plans to raise Rs 3,500 crore through an initial public offering (IPO). The funds will be used to increase the company's capital base. The IPO includes a fresh issue of equity shares worth up to Rs 1,000 crore and an offer for sale (OFS) of up to Rs 2,500 crore by existing shareholders. Avanse Financial Services is the second-largest education-focused NBFC in India, offering education loans to students and financing for educational institutions. The IPO is being managed by multiple financial firms including Kotak Mahindra Capital and J.P. Morgan.
View Source
Digital lending startup Fibe eyes $35 million fundraise from IFC - The Economic Times
Economic Times
·
3d ago
Medial
Digital lending startup Fibe seeks to raise $35 million in a funding round led by the International Finance Corporation (IFC), with participation from existing investors like Eight Road Ventures, Norwest Venture Partners, and TPG. Fibe has previously raised $228 million. The startup, focused on consumer loans, plans to expand into education and green energy loans. It aims to enhance its valuation and considers an IPO within two years.
View Source
Hyundai India IPO bankers set for big payday with $40-mn fee
VCCircle
·
1y ago
Medial
Banks advising Hyundai on its India IPO are expected to earn up to $40 million in fees. This would be the second-highest fee ever for investment banks working on an IPO in India, reflecting the surge in equity deals in the country. Hyundai India is looking to raise up to $3 billion at a valuation of $30 billion through the IPO. The lead banks on the deal include JPMorgan, Citigroup, and HSBC. The expected fee payout from this IPO alone would represent a significant portion of India's total IPO fee income in 2023.
View Source
Local edtech player gets $150-mn tag as Rare Enterprises' CEO joins cap table
VCCircle
·
10m ago
Medial
- Mumbai-based edtech company Jaro Education files its draft red herring prospectus (DRHP) for an IPO. - Rare Enterprises' CEO, Utpal Sheth, joins Jaro Education as an investor. - Jaro Education is valued at $150 million following the investment. - Jaro Education is focused on providing premium education services in technology management and research. - The company is set to capitalize on the capital markets wave with its IPO. - Jaro Education is headquartered in Mumbai, India.
View Source
Amanat Holdings hires bank to list education business in Riyadh
VCCircle
·
8m ago
Medial
Dubai-based Amanat Holdings is planning to list 30% of its education business in Riyadh next year. The company has hired SNB Capital to oversee the initial public offering, which could raise up to $300m. Amanat plans to list the business in the first half of 2025 and is looking to hire more advisers. Amanat Holdings also operates healthcare businesses and had previously announced its intention to proceed with an IPO for its education division. The education business serves around 15,000 students and 5,000 beneficiaries across various campuses in the UAE and Saudi Arabia.
View Source
Jefferson Capital, backers aim to raise $170 million in US IPO
Economic Times
·
1m ago
Medial
Jefferson Capital, supported by private equity, plans to raise up to $170 million through an initial public offering (IPO) in the United States. This move involves some of its existing shareholders as the debt buyer seeks to expand its financial footprint. The article highlights trending topics in tech and finance while providing insights into various financial strategies and market changes.
View Source
Saudi's SMASCO sets issue price for $240 mn IPO
VCCircle
·
1y ago
Medial
Saudi Arabian staffing company, SMASCO, has announced the final IPO price for its initial public offering on the Saudi Exchange. The company aims to raise up to $240 million by offering 120 million shares at a price of 7.50 riyals per share, representing a 30% stake. The individual investor subscription process will begin next week. This IPO is part of Saudi Arabia's efforts to deepen its capital markets and attract investment. However, the IPO market in the MENA region has experienced a slowdown this year, with IPO proceeds down 66% compared to the previous year.
View Source
True North plans exit move as Niva Bupa prepares for $360-mn IPO
VCCircle
·
1y ago
Medial
Indian health insurer Niva Bupa is preparing to raise $360 million in an initial public offering (IPO), with a potential valuation of up to $2.5 billion. Bupa, which currently holds a 63% stake in the Indian venture, plans to sell a small stake worth up to $38 million, while private equity firm True North intends to sell a stake worth up to $225 million. Niva Bupa has hired Morgan Stanley and several Indian banks for the IPO, and plans to use the funds to strengthen its balance sheet and cover operating expenses.
View Source
Coforge drops US listing plan, to raise $385 mn via India share sale
VCCircle
·
1y ago
Medial
Indian IT company Coforge has decided to raise capital from local markets instead of pursuing its initial public offering (IPO) in the US. The company withdrew its registration statement with the US Securities and Exchange Commission, citing its decision not to conduct a public offering at this time. Coforge had previously filed for a US IPO of up to $100m. Instead, the company now plans to raise approximately $385m through a share sale to institutional investors in India. The reasons for withdrawing the US listing plan were not specified.
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
