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Aye Finance Files DRHP for ₹1,450 Crore IPO as Elevation Capital Skips OFS-thumnail

Aye Finance Files DRHP for ₹1,450 Crore IPO as Elevation Capital Skips OFS

Aye Finance, one of the leading microlending platforms that is backed by Capital G, has filed its Draft Red Herring Prospectus with the Securities and Exchange Board of India for

News

Dec 17, 2024

Dubai Stocks Surge to Decade-High Amid Regional Market Gains  -thumnail

Dubai Stocks Surge to Decade-High Amid Regional Market Gains  

PC: Reuters  Real estate and finance stocks drive Dubai’s rally; Gulf markets cautiously optimistic ahead of US Fed decision. Dubai’s bourse jumped to a fresh near-decade high Monday, with the

News

Dec 16, 2024

Foundster Launches AI-Driven Company Formation Services in Dubai-thumnail

Foundster Launches AI-Driven Company Formation Services in Dubai

PC: JOIN Simplifying Business Formation with AI Foundster is one newly launched AI-powered company formation portal in Dubai that helps implement more innovative methods into simplified procedures of the otherwise

News

Dec 16, 2024

upGrad Reports ₹1,876 Crore Gross Revenue for FY24, Significant EBITDA Loss Reduction-thumnail

upGrad Reports ₹1,876 Crore Gross Revenue for FY24, Significant EBITDA Loss Reduction

Edtech major upGrad has announced impressive financial results for the fiscal year ending March 2024, reporting a gross revenue of ₹1,876 crore. This is a significant milestone for the Mumbai-based

News

Dec 16, 2024

Dubai’s Parkin Eyes Expansion into Saudi Arabia with BATIC Partnership  -thumnail

Dubai’s Parkin Eyes Expansion into Saudi Arabia with BATIC Partnership  

Collaboration to Enhance Paid Parking Services with Smart Technologies. PC: Arabian Business  Dubai-based parking solutions provider Parkin is making a huge leap in the expansion of its operations into the

News

Dec 16, 2024

SanchiConnect and YourNest invest ₹48 crore in eight start-ups through Velocity Accelerator program-thumnail

SanchiConnect and YourNest invest ₹48 crore in eight start-ups through Velocity Accelerator program

SanchiConnect, a deep-tech enablement network, has partnered with YourNest Venture Capital to invest ₹48 crore in eight innovative startups under its Velocity Accelerator Program. The acceleration program is designed to

News

Dec 16, 2024

Weekly Dubai Funding Report: 09th December to 14th December, 2024-thumnail

Weekly Dubai Funding Report: 09th December to 14th December, 2024

Better Raises $550K for Men’s Wellness Solutions   A Dubai-based men’s wellness startup called Better has secured $550,000 in pre-seed funding led by the Salica Spring Studios fund, a partnership between

News

Dec 14, 2024

OneClickDrive Expands into Dubai’s Growing Second-Hand Car Market  -thumnail

OneClickDrive Expands into Dubai’s Growing Second-Hand Car Market  

Platform Brings Transparent and Direct Connections Between Buyers and Sellers   OneClickDrive, the largest car rental marketplace, has just announced its entry into the booming market for second-hand cars in Dubai

News

Dec 14, 2024

Indian Startups Raise $635 Million in Funding This Week-thumnail

Indian Startups Raise $635 Million in Funding This Week

Between December 9 and December 13, 2024, Indian startups collectively raised $635.3 million through 24 deals. It’s a healthy 155% week-to-week improvement over the earlier week where Indian startups bagged

News

Dec 14, 2024

Zepto Reports Rs 5,747 Crore in Expenditure Against Rs 4,454 Crore Revenue in FY24-thumnail

Zepto Reports Rs 5,747 Crore in Expenditure Against Rs 4,454 Crore Revenue in FY24

Zepto, the quick commerce platform that has become synonymous with rapid delivery services, on Tuesday released its financial results for the fiscal year ending March 2024. The company reported a

News

Dec 14, 2024

Zand Becomes UAE’s First Bank to Launch Digital Asset Custody Services-thumnail

Zand Becomes UAE’s First Bank to Launch Digital Asset Custody Services

Bridging Traditional and Decentralized Finance with Institutional-Grade Security. Zand has launched the Digital Asset Custody services as a first fully licensed, AI-powered digital bank, and it is now the first

News

Dec 13, 2024

Sarvagram Secures Funding with Legal Expertise from Khaitan & Co.-thumnail

Sarvagram Secures Funding with Legal Expertise from Khaitan & Co.

Sarvagram is one of the promising fintech start-ups working on providing financial services to the rural and semi-urban population of India. It has managed to garner a large amount of

News

Dec 13, 2024


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