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DeepMind CEO Demis Hassabis’ Isomorphic Labs raises $2.1 billion led by Thrive CapitalAI-driven drug discovery firm Isomorphic Labs secured a massive $2.1 billion in Series B funding. This capital will fuel the expansion of t...- GIFT City vs Dubai vs Singapore: What you need to know while choosing your investment hubIndian wealth is increasingly seeking global anchors, with GIFT City, Dubai's DIFC and Singapore emerging as key contenders. Each hub offer...
- Stocks in news: IndiGo, Sammaan Capital, Bharti Airtel, GRSE, CoforgeMarkets experienced a sharp sell-off on Monday's monthly expiry day, with the Nifty closing near 22,331. Key companies like IndiGo, Bharti ...
- Sammaan Capital becomes IHC Group company, receives Rs 5,652 cr in first tranche of stake saleSammaan Capital has officially become an International Holding Company group firm after receiving Rs 5,652 crore in the first tranche of a ...
- Sammaan Capital shares soar 8% after RBI approves acquisition by Abu Dhabi's IHCSammaan Capital share price surged 8% as RBI greenlit a significant 66.65% stake acquisition by Abu Dhabi's Avenir Investment RSC. This dea...
- Airtel lines up $1 bn investment for data centre arm Nxtra, to rope in Alpha Wave GlobalBharti Airtel's Nxtra Data is set to raise $1 billion. This funding will expand its data centre capacity to gigawatt scale. Alpha Wave Glob...
- UAE-listed stocks top $1 trillion in value for the first timeThe combined value of stocks listed in the United Arab Emirates has surpassed $1 trillion for the first time. This milestone is largely att...
- Most Gulf shares rise on strong oil; Mideast conflict in focusSaudi Arabia's benchmark index edged up 0.1%, supported by gains in most sectors, with oil major Saudi Aramco adding 0.5% and Company for C...
- Private market correction still in infancy, much more to come: Alpha Wave’s Navroz UdwadiaKeeping the downturn in mind, the fund will look to make more early-stage bets, just the way others like Tiger Global are doing in India.
- Abu Dhabi Borouge's $2 billion IPO set to be ADX's biggestGulf issuers have raised more than $10 billion from IPOs so far this year, Refinitiv data shows, exceeding European flotations even as glob...
- Abu Dhabi-based Borouge sets IPO price, gets seven cornerstone investorsThe Abu Dhabi National Oil Company and Borealis' joint venture set the IPO price at 2.45 dirhams ($0.67) a share, which implies an equity v...
- Fast delivery startup Getir closes funding round with $12 billion valuation"This investment will enable us to further develop our proposition and technology, as well as... to continue to attract the best talent," G...
- Wealth management platform Wealthy raises $7.5 million funding led by Alpha WaveWealthy will be using the funds to penetrate deeper into the Indian market and expand globally, including in the Middle East, the Bengaluru...
- Abu Dhabi's Chimera Capital closes second venture capital fund at $10 blnChimera Capital is owned by Chimera Investments LLC, which is part of Royal Group, an Abu Dhabi investment firm chaired by Sheikh Tahnoun b...
- IHC subsidiary Multiply to list directly on Abu Dhabi's main marketIHC, which has a market capitalisation of $75 billion, is chaired by Sheikh Tahnoon bin Zayed Al Nahyan, the United Arab Emirates' national...
- PolicyBazaar in talks to raise new funds at $2 billion valuationAWI buys TrueNorth stake in online insurance firm, may bring primary capital in $50-100 million round
- Avail Finance raises $11.5 million in fundingAs part of this investment from AWI, Avail Finance will set up a team in Abu Dhabi and use the Emirate as its regional headquarters.
- Alpha Wave Incubation - backed by Abu Dhabi’s ADQ - sets India team, closes five dealsThe $300 million fund backs founders from India and Southeast Asia with a clause to set up a second base in Abu Dhabi to promote technology...
- NSE-BSE bulk deals: Adani Electricity Mumbai sells 15 crore shares of YES BankAbu Dhabi Investment Authority sold 39,537 shares of Aarti Surfactants at Rs 270.50.
- Falcon Edge raises $300 million India dedicated fundAs a part of the deal made with its Limited Partners the portfolio companies that Alpha Wave Incubation (AWI) backs will have to have a cor...
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