PC: Business Standard Porter, a leading Indian startup in the logistics and transportation space, sent ripples with its stellar show of top-line performance on the back of fiscal 2024. The
An elaborate legal battle pitting Gameskraft against Arthmate, a SaaS-based lending enabler, has culminated in two unfortunate incidents: the arrest of its co-founder and former CEO, Vihaan Kumar; the high-level
BigEndian Semiconductors, a fabless semiconductor start-up pioneer, has reportedly raised $3 million in a fresh seed funding round. The venture capitalist mighty Vertex Ventures SEA & India has led this
Fintech firm BharatPe has entered the consumer payments business by rebranding its PostPe app as BharatPe. In doing so, it has also pitted itself against established players like PhonePe, Google
Servify, a leading post-sales service company focused on brand-authorized support for a broad category of consumer electronics, has raised Rs 84 crore, or about $10 million, in a fresh tranche
VerSe Innovation-which powers Dailyhunt, the country’s most read vernacular news aggregator, and Josh, a fast-growing short video platform-announced its latest move: the acquisition of digital marketing firm Valueleaf Group in
Targeting to strategically empower direct-to-consumer (D2C) and ecommerce brands for the forthcoming festive season, Bangalore-based cash flow-based financing platform Velocity has launched Rs 400 crore (around $48 million) fund. This
All-electric intercity bus startup FreshBus closed $10.5 million (about Rs 87.5 crore) in Series A funding round. The founding secured the support of Maniv, an international early-stage venture capital fund
India has won commitments of $782.4 million from the Green Climate Fund toward mitigation and adaptation climate projects, thus registering some major success in the global fight against climate change.
The newly elected UK Labour government has just pulled funding of £1.3 billion allocated to technology and artificial intelligence (AI) projects by the previous Conservative administration. It has thrown sand
Agrizy, an innovative agritech startup, has successfully raised $9.8 million in a funding round co-led by Accion and Omnivore. This substantial financial boost also saw participation from Capria Ventures, Thai
Let us look at some delightful news from the 2024 Union Budget. In a move to strengthen the infrastructure, Finance Minister Nirmala Sitharaman has announced an interest-free loan of ₹1.5
Multipl, the fintech startup that turned the concept of investing and spending upside down, just raised a whopping $1.5 million in funding rounds spearheaded by Blume Ventures and MIXI Global
In an exciting development for enterprises across India, IDfy, a leading fraud detection and background verification startup, has unveiled a comprehensive suite named Privy. This suite is designed to help
Following the series of large share sell-offs, CPPIB (Canada Pension Plan Investment Board) is going to completely sell its residual shareholding in Delhivery, the country’s leading logistics and supply chain
Vi Business and PayU have announced their strategic partnership to empower MSMEs across India through its end-to-end digital payment solutions. The company envisions accelerating digital transformation for MSMEs to adapt
Ricron Panels, a Gujarat-based start-up engaged in the recycling of multilayer plastics into high-grade construction material, raised a Series A investment round from investors like Boon Sustainability. This funding will
The Indian startup ecosystem remains resilient and continues to exude growth potential despite global economic uncertainties. In the past week, Indian startups raised $176 million collectively, therefore ensuring continuous investor
Japanese multinational automotive and motorcycle company Suzuki announced an elaborate long-term initiative to support the burgeoning Indian startup ecosystem by forming Next Bharat Ventures—a substantial corpus of Rs 340 crore
In what can be termed a historic milestone, Godrej Properties has announced that it has sold more than 2,000 homes in Bengaluru, thereby recording revenue of over ₹3,150 crore—demonstrating the
PC: Business Review Live In what could just turn out to be the shot in the arm for the electric vehicle (EV) segment, Ahmedabad-based electric mobility startup Matter raised INR
PC: Goodreturns Shares of Nazara Technologies surged 9% intraday after it announced that its subsidiary, Nodwin Gaming, has acquired a 100% stake in Freaks 4U Gaming. Of course, this transaction
The digital product and solutions company, Fanisko, recently announced an undisclosed follow-on investment from an early investor, Karna D. Shinde. This round is a stepping stone toward scaling growth at
i’SUPPLY closed pre-Series A funding for an exponential ramp-up in its quest to shake up pharmaceutical distribution across Egypt. In this strategy-filled and ambitious go at changing, the company succeeds
The FinTech sector is an important movement leading the future unicorn landscape in India, with 30 startups eyeing entry into the billion-dollar valuation club. According to the ASK Private Wealth
Yatra Online, one of India’s leading online travel companies, has announced the acquisition of an additional 4.5% stake in Adventure and Nature Network (ANN). This strategic move signifies Yatra’s commitment
Continuing with its operational strategy of strengthening the expertise on its board, Nykaa has nominated Pradeep Parameswaran and Seshashayee Sridhara as independent directors, each for a new term of three
Entrepreneurial agritech startup DeHaat, based out of Bengaluru, has successfully completed its first Employee Stock Ownership Plan (ESOP) buyback, amounting to INR 10 crore. The stake buyback denotes DeHaat’s commitment
AirMDR, a leading AI-powered cybersecurity company, raises $5 million in a seed funding round led by Foundation Capital and Storm Ventures, a move to boost its Managed Detection and Response
Zee Entertainment Enterprises Ltd. (ZEEL) has taken a big leap in strengthening its financials and strategic maneuvers by approving an up-to-₹2,000-crore fundraising plan. The company has approved this through a
Mohandas Pai, a well-known personality in India’s IT and financial worlds, has joined the list of stakeholders that have publicly called for the Modi 3. It explained that the current
India’s manufacturing sector, a vital part of the country’s economy, has experienced a slowdown in growth, reaching a three-month low. Despite this deceleration, the sector continues to perform above its
At the recent Apple Worldwide Developers Conference (WWDC), significant updates were announced for Siri, Apple’s voice-activated virtual assistant, marking a notable leap in its capabilities and integration. These advancements signal
IdeaForge, a prominent manufacturer of unmanned aerial vehicles (UAVs), has announced a strategic partnership with Skylark Drones to integrate advanced artificial intelligence (AI) capabilities into their drones. This collaboration aims
Mukesh Ambani, Asia’s richest man, continues his tradition of grandeur and extravagance, this time with a remarkable gift for his son Anant. In anticipation of Anant’s upcoming wedding, Ambani has
In a groundbreaking development that is set to redefine the way we handle phone calls, Truecaller has announced a strategic collaboration with Microsoft to integrate artificial intelligence (AI) into their
In a landmark move, Dubai has launched the world’s most extensive AI prompt engineering training initiative, dubbed ‘One Million Prompters’. This ambitious program, spearheaded by Sheikh Hamdan bin Mohammed bin
Dubai is embarking on an ambitious project to plant 100 million mangrove trees along its coastline, aiming to establish the world’s largest coastal regeneration initiative. This massive undertaking, led by
Infosys’ Chief Technology Officer, Rafee Tarafdar, recently highlighted the growing importance of artificial intelligence (AI) in the tech industry and shared critical advice for engineering students: the most effective way
Developer Binghatti has strengthened its position in the competitive real estate market by acquiring a state-of-the-art steel manufacturing plant in Dubai. This strategic investment demonstrates the company’s unwavering commitment to
Dubai has established itself as a global crypto hub in recent years, attracting major industry players with its progressive regulations and business-friendly policies. Continuing this momentum, blockchain intelligence firm Chainalysis
Canadian investment giant Brookfield Asset Management has announced plans to expand into the logistics real estate sector in the Middle East through the acquisition of a controlling stake in Dubai-based
It seems as if the property bubble in Dubai, accidentally keeps rupturing into a bigger one and now new statistics prove it. Despite the fact that an exceptional $1.73 billion
Finteh unicorn, the BharatPe payment brand, has undergone another round of senior management reorganization. It strives to develop its functional capacity within major business segments. A major organizational redesignation is
As artificial intelligence and machine learning continue to transform digital experiences, major tech companies are grappling with how to effectively integrate these advanced technologies while ensuring user benefits and business
Dubai is renowned globally as an architectural and cultural wonderland with its splendid skyscrapers, luxury shopping complexes and a spirited nightlife. While there is no denying the natural buzz that
Currently the commercial real estate market in Dubai shopping center is booming creating huge opportunities for savvy investors. Property prices and rental yields are increasing rapidly as demand for office,
Evolutions, a leading real estate company in Dubai, recently announced some exciting new initiatives to recognize the hard work of real estate professionals and provide more benefits to its members.
The Dubai Supreme Council of Energy recently approved plans to increase energy and water efficiency programs across the emirate. The move aims to financially benefit both the public and private
The UAE boasts one of the most dynamic job markets in the region, driven by a growing economy, business-friendly policies, and large-scale infrastructure projects. However, the recruitment process can often
Visa recognizes that financial technology or FinTech startups are playing a key role in developing innovative digital payment solutions. Through initiatives like its Fast Track program and accelerators, Visa supports
Emirates, the largest airline in the Middle East, has signed Memorandums of Understanding (MoUs) with Icelandair and GO7 to develop combined air and rail ticket options for travelers. This will
The Lieutenant Governor of Delhi, VK Saxena, has granted permission for the Central Bureau of Investigation (CBI) to launch a probe into allegations of extortion levelled against Aam Aadmi Party
Paul Griffiths, the CEO of Dubai Airports, has proposed a revolutionary new model for transportation that could significantly reduce carbon emissions from travel while improving passenger experience. Speaking at a
Coal India, India’s state-owned coal mining company, saw a decline in e-auction premiums in January and February 2024 according to updates provided by the company’s management. However, analysts believe higher
Dubai Holding has taken a pioneering step in the MENA region by leveraging innovative attention technologies to raise awareness about climate change and sustainability initiatives. Partnering with Magna MENA and
Dubai Investments is committed to furthering sustainability in the UAE through community initiatives that support green practices and healthy living. On February 18, 2024, the leading investment company will host
Emirates NBD, one of the largest banks in the UAE, recently revealed the eligibility requirements for small and medium enterprises (SMEs) to take part in the first phase of Dubai’s
Paytm, one of India’s leading fintech companies, recently confirmed the resignation of Manju Agarwal from the board of its banking subsidiary Paytm Payments Bank. Agarwal, who served as an independent
The Canadian University Dubai recently hosted their second annual regional model congress in partnership with Harvard Model Congress Middle East. Over 200 high school students from 10 different countries took
Dubai’s leading operator of economic free zones, Tecom Group, announced solid financial results for the year 2023, highlighting strong business performance and growth. In a statement, Tecom reported achieving record
Global brokerage firm Cantor Fitzgerald has initiated coverage on Adani Enterprises with an ‘Overweight’ rating and sees substantial upside potential for the flagship company of the Adani Group. In its
Private sector lender Yes Bank reported its financial results for the third quarter of the ongoing fiscal year 2024 today, posting a 2.3% year-on-year rise in net interest income. However,
Despite facing significant losses after the Hindenburg Research report alleged irregularities in Adani Group’s operations, some major international asset managers increased their holdings in the conglomerate’s dollar bonds over the
The cricketing world was abuzz with speculation recently regarding veteran Pakistan all-rounder Shoaib Malik’s marital status. After numerous conjectures throughout the recent past, the accomplished sportsman has now definitely put
Tensions have been rising between neighbouring states Pakistan and Iran, with both countries recently carrying out missile strikes on each other’s territory. According to reports, Pakistan conducted operations targeting “terrorist
Indian-American businessman Vivek Ramaswamy has announced his decision to withdraw from the Republican party’s nomination for the 2024 US Presidential elections. Ramaswamy had launched his presidential bid earlier this year
In a move that could further revolutionize global connectivity, SpaceX’s satellite internet division Starlink has taken the capability of beaming internet from space directly to users’ devices. The company recently
The tight deadline for the bidding process of NLC India’s ambitious thermal power plant project in Odisha has led to an unexpected development, with engineering conglomerate Larsen & Toubro (L&T)
As COP28 concluded with unprecedented tourism inflow, Dubai’s short-term rental market reaped the rewards with rental rates surging over 50%. According to market sources, landlords offering holiday apartments cashed in
The International Monetary Fund (IMF) recently released its annual assessment of the Indian economy, highlighting the country’s stellar growth performance and significant contribution to global economic recovery. According to the
The crypto industry in the UAE is set for enhanced protection and stability with Dubai Insurance’s new collaboration with OneDegree to provide specialized insurance solutions. As the region’s crypto market
New Delhi: As the conflict between Israel and Hamas continued to escalate in Gaza, India voiced its support for an immediate humanitarian ceasefire, backing a UN General Assembly resolution. The
Dubai – A new investment firm is promising Dubai-based investors unprecedented returns with its portfolio of strategic projects spread across various sectors. Unified Investments LLC, headed by veteran financial executive
A new collaboration between Dubai-based EV startup Fuse and international NGOs is electrifying transportation for remote Yemeni communities while creating social and economic opportunities. The project demonstrates how green initiatives
Developers in competitive property markets like Dubai constantly seek innovative ways to promote their brands and upcoming projects. Through its record-breaking helmet mosaic achievement, Sobha has demonstrated creative marketing acumen
At the ongoing COP28 climate summit, Saudi Arabia revealed that investments in renewable energy are yielding big returns both economically and environmentally. Investing In Future Amid global efforts to transition