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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

Inkers Technology Scores $3 Million in Series A Funding Round-thumnail

Inkers Technology Scores $3 Million in Series A Funding Round

Bengaluru-based innovative proptech startup Inkers Technology has successfully closed its Series A funding round with $3 million. This was led by Ashish Kasholia from Lucky Investments. The company had previously

News

Dec 13, 2024

Landmark AED 350 mln Deal Set to Reshape Dubai Business District’s Skyline  -thumnail

Landmark AED 350 mln Deal Set to Reshape Dubai Business District’s Skyline  

Dubai is cementing its position as a global luxury real estate hub, with one high-profile transaction serving to exemplify the sector’s remarkable momentum in 2024. Architectural innovation and audacious urban

News

Dec 13, 2024

Shiprocket increases the employee stock option pool by $19 million-thumnail

Shiprocket increases the employee stock option pool by $19 million

It aims to significantly enhance the retention of employees by elevating employee engagement-Shiprocket, the leading logistics and supply chain enablement services firm, in a boost move for ensuring its high

News

Dec 13, 2024

Arab Health 2024: A Catalyst for Dubai’s Economy and Healthcare Growth-thumnail

Arab Health 2024: A Catalyst for Dubai’s Economy and Healthcare Growth

Arab Health drives $269.7M in economic impact, paving the way for healthcare innovation and growth in Dubai. PC: Zawya Arab Health was once again a cornerstone event in the Dubai

News

Dec 13, 2024

Clear Achieves 93% Revenue Growth to Rs 210 Crore in FY24; Reports Losses-thumnail

Clear Achieves 93% Revenue Growth to Rs 210 Crore in FY24; Reports Losses

Clear, formerly known as Cleartax, has witnessed a significant financial turnaround in its latest fiscal year with an impressive 93% revenue growth that has touched Rs 210 crore for FY24.

News

Dec 13, 2024

Emirates NBD Invests in Zodia Custody to Strengthen Digital Asset Strategy  -thumnail

Emirates NBD Invests in Zodia Custody to Strengthen Digital Asset Strategy  

Driving Innovation in Digital Assets through Strategic Investment   Emirates NBD, a leading banking group in the Middle East, North Africa, and Türkiye (MENAT) region, has announced a strategic equity investment

News

Dec 12, 2024

Republic of Indonesia Lists $2.75 Billion Sukuk on Nasdaq Dubai  -thumnail

Republic of Indonesia Lists $2.75 Billion Sukuk on Nasdaq Dubai  

Strengthening Indonesia’s Global Sukuk Presence   PC: wam.ae Nasdaq Dubai welcomed the listing of three Sukuk issuances from the Republic of Indonesia, amassing USD 2.75 billion. The issuances, part of the

News

Dec 12, 2024

Astra Tech Secures $500 Million for Fintech Growth-thumnail

Astra Tech Secures $500 Million for Fintech Growth

Landmark Financing for Quantix Technology Projects   Astra Tech, a Dubai-based technology company, has reached a major milestone with its fintech subsidiary, Quantix Technology Projects, securing financing of $500 million. The

News

Dec 12, 2024

Rebel Foods Raises $210 Million in Series G Funding Led by Temasek-thumnail

Rebel Foods Raises $210 Million in Series G Funding Led by Temasek

In a significant development for the foodtech sector, Rebel Foods announced that it had closed its Series G funding round, with $210 million raised in the process. The Singapore-based global

News

Dec 12, 2024


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