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Amagi Reports Strong Growth and Reduced Losses, Eyes IPO-thumnail

Amagi Reports Strong Growth and Reduced Losses, Eyes IPO

Bengaluru headquartered cloud media SaaS technology company Amagi has turned out to report impressive growth while losing much less compared to the past fiscal year recently closed. The company had

Business

Nov 9, 2024

Weekly Report of Startup Funding and Acquisitions in India (Nov 4 – 9, 2024)-thumnail

Weekly Report of Startup Funding and Acquisitions in India (Nov 4 – 9, 2024)

During the week of November 4 to 9, 2024, the Indian startup ecosystem was witness to strong funding activity wherein 25 startups raised about $138.7 million. This week’s funding was

Business

Nov 9, 2024

Ola Electric Posts Q2 Results As Net Loss Narrows to ₹495 Crore, Revenue Surges 39%-thumnail

Ola Electric Posts Q2 Results As Net Loss Narrows to ₹495 Crore, Revenue Surges 39%

Ola Electric filed its earnings results for the September quarter of FY25 reporting net loss of ₹495 crore. According to the report, this is said to be narrower than what

Business

Nov 8, 2024

Perfios Achieves 37.1% Revenue Growth, Reaches Unicorn Status in FY24-thumnail

Perfios Achieves 37.1% Revenue Growth, Reaches Unicorn Status in FY24

Perfios, a SaaS-based B2B fintech firm has set the bar pretty high with tremendous growth in the fiscal year ending March 2024 where the revenue has recorded a staggering 37.1

Business

Nov 8, 2024

Everest Fleet Posts 120.7% Revenue Increase, Remains Profitable Despite Shifting Operating Environment-thumnail

Everest Fleet Posts 120.7% Revenue Increase, Remains Profitable Despite Shifting Operating Environment

Uber-funded mobility startup Everest Fleet has reached the desired milestone in its growth trajectory, with over two-fold growth in revenue with equally impressive profit margins in FY23-24 ending March 2024.

Business

Nov 8, 2024

Spinneys Reports Record Revenue and Strong Profit Growth for Nine-Month Period Ending September 2024-thumnail

Spinneys Reports Record Revenue and Strong Profit Growth for Nine-Month Period Ending September 2024

Revenue Increases by 11.4% with Profit Before Tax Growing by 27.1%. Spinneys has come out with its nine-month results until 30th September 2024. It highlighted outstanding performance in revenue metrics

Business

Nov 8, 2024

Aditum Investment Management Limited Confirms the Launch of Two More DIFC Domiciled Funds-thumnail

Aditum Investment Management Limited Confirms the Launch of Two More DIFC Domiciled Funds

Launch of equity and Islamic multi-asset funds strengthens firm’s commitment to the UAE. The Aditum Global Access ICC Ltd platform has added two new funds to its DIFC-domiciled portfolio, launched

Business

Nov 8, 2024

Thesys Secures $4 Million Funding to Revolutionize User Experience with AI-thumnail

Thesys Secures $4 Million Funding to Revolutionize User Experience with AI

Bengaluru-based AI start-up Thesys has raised $4 million in funding led by venture capitalist Together Fund. Eight other venture capital firms have also joined the company as investors. This funding

Business

Nov 7, 2024

Dubai Chamber of Digital Economy Hosts Digital Advocacy Workshop to Address Funding Gaps for Startups-thumnail

Dubai Chamber of Digital Economy Hosts Digital Advocacy Workshop to Address Funding Gaps for Startups

Dubai Chamber of Digital Economy, a division within Dubai Chambers, recently held a successful Digital Advocacy Workshop that focused on tackling the funding and investment challenges faced by digital startups.

Business

Nov 7, 2024

Nexstem Secures $3.5 Million for Further Development of Brain-Computer Interface Technology-thumnail

Nexstem Secures $3.5 Million for Further Development of Brain-Computer Interface Technology

Bengaluru-based deep-tech startup Nexstem recently raised $3.5 million in funding, co-led by prominent investors including InfoEdge, Zupee, Smile Group, and duo Nikhil Kamath and Abhijeet Pai from Gruhas. This funding

Business

Nov 7, 2024

Boldfit Closes ₹110 Crore Round to Develop Products, Enhance Brand Visibility-thumnail

Boldfit Closes ₹110 Crore Round to Develop Products, Enhance Brand Visibility

Boldfit, a direct-to-consumer fitness startup, has brought in ₹110 crore (~ USD 13 million) in a new round of funding led by Bessemer Venture Partners. This significant investment highlights growing

Business

Nov 7, 2024

Dubai Real Estate Market Nears AED 500 Billion in Annual Sales Milestone-thumnail

Dubai Real Estate Market Nears AED 500 Billion in Annual Sales Milestone

Dubai real estate is likely to well surpass AED 500 billion in sales by the end of 2024 after recording a historic October that boosted year-to-date figures. The total sales

Business

Nov 7, 2024


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