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Funding Roundup this Week : Key Investments and Emerging Trends in the Startup Ecosystem (09th September–14th September, 2024)-thumnail

Funding Roundup this Week : Key Investments and Emerging Trends in the Startup Ecosystem (09th September–14th September, 2024)

PC: Velocity Blog This week saw major news in both the UAE’s financial and fintech sectors, respectively, as the region inches closer toward being a global financial force. From the

News

Sep 14, 2024

Procmart Is The Company Which Has Witnessed An Extraordinary Growth With 3x GMV-thumnail

Procmart Is The Company Which Has Witnessed An Extraordinary Growth With 3x GMV

PC: The Economic Times  Procmart, the fast-growing e-commerce entity, has been making it to the highlight of several news portals with its magnificent performance in FY 2024. The Company’s Gross

News

Sep 14, 2024

Funding and Acquisitions in Indian Startups: A Recap of Key Events from 09-14 September 2024-thumnail

Funding and Acquisitions in Indian Startups: A Recap of Key Events from 09-14 September 2024

The Indian startup ecosystem saw yet another spree of funding rounds and acquisitions from 09-14 September 2024 as buoyed entrepreneurs reflect the resilience and innovation driving the entrepreneurial landscape in

Investment & Funding

Sep 14, 2024

Onsurity Secures Rs 219 Cr in Funding Round Led by Creaegis-thumnail

Onsurity Secures Rs 219 Cr in Funding Round Led by Creaegis

PC: Inc42 Indeed, employee healthcare platform Onsurity has sent ripples into the startup ecosystem with its latest funding round. The round, valued at Rs 219 crore or $26.4 million, was

News

Sep 13, 2024

Mashreq Bank Sells 65% Stake in NeoPay to Arcapita and Dgpays-thumnail

Mashreq Bank Sells 65% Stake in NeoPay to Arcapita and Dgpays

PC: Zawya Overview of the Deal Mashreq Bank, Dubai’s biggest lender, agreed to sell a 65 percent stake in NeoPay, a label under IDFAA Payments Services LLC. The stake buyers

News

Sep 13, 2024

Peak XV and Others Sell Rs 1,600 Cr Shares in MamaEarth Parent Honasa Consumer Limited-thumnail

Peak XV and Others Sell Rs 1,600 Cr Shares in MamaEarth Parent Honasa Consumer Limited

PC: The Economic Times  In the latest development in the direct-to-consumer skincare and beauty vertical, Peak XV, along with Stellaris Ventures, Sofina Ventures, and Fireside Ventures, together sold shares worth

News

Sep 13, 2024

Nazara Makes Strategic Investment of Rs 982 Crore in PokerBaazi Parent Company Moonshine Technology-thumnail

Nazara Makes Strategic Investment of Rs 982 Crore in PokerBaazi Parent Company Moonshine Technology

PC: Yes Punjab News In what can be termed a big coup that sent ripples across the gaming landscape, Nazara is set to invest Rs 982 crore in Moonshine Technology,

News

Sep 13, 2024

Blackstone Considering Options for VFS Global Stake Sale-thumnail

Blackstone Considering Options for VFS Global Stake Sale

PC: Business Standard The private equity giant is weighing the possible sale or investment of its stake in the outsourcer of visa applications, VFS Global, pegged at a $7 billion

News

Sep 13, 2024

Porsche Services MEA and Dubai Islamic Bank Partner to Strengthen Automotive Financing Solutions in the UAE for their Customers -thumnail

Porsche Services MEA and Dubai Islamic Bank Partner to Strengthen Automotive Financing Solutions in the UAE for their Customers 

PC: Zawya Strategic Partnership Enhances Access to Luxury Vehicles Owning a Porsche has been made easier for those living in the United Arab Emirates through a strategic partnership between Porsche

News

Sep 12, 2024

ENBD REIT Reports 40% Decline in Q1 2024 FFO Amid Higher Provisions-thumnail

ENBD REIT Reports 40% Decline in Q1 2024 FFO Amid Higher Provisions

Real estate investment trust sees drop in funds from operations, slight rise in property portfolio value, and lower loan-to-value ratio. PC: Zawya Q1 2024 Funds from Operations Drop Significantly Nasdaq

News

Sep 12, 2024

Moneyview Turns Unicorn after Successful Funding Round -thumnail

Moneyview Turns Unicorn after Successful Funding Round 

PC: Justdial  MoneyView, one of the largest consumer lending platforms in India, has reportedly grabbed unicorn status after a successful round of funding from its existing investors Accel India and

News

Sep 12, 2024

Dhan Emerges as a Rising Star in India’s Stockbroking App Landscape, Surpasses Industry Giants-thumnail

Dhan Emerges as a Rising Star in India’s Stockbroking App Landscape, Surpasses Industry Giants

PC: The Economic Times  In a thrilling turn of events, Dhan has taken things to the next level, which is basically the brainchild of former Paytm Money executive Pravin Jadhav,

News

Sep 12, 2024


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