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Syfe Secures $27 Million in Series C Funding to Accelerate Growth-thumnail

Syfe Secures $27 Million in Series C Funding to Accelerate Growth

Singapore-based digital savings and investment platform Syfe has secured $27 million in its Series C funding round. That puts a total of $79 million invested in Syfe to date, following

Business

Aug 16, 2024

Watania International Holding Reports Strong First Half of 2024 with Positive Financial Performance-thumnail

Watania International Holding Reports Strong First Half of 2024 with Positive Financial Performance

Robust Financial Performance Watania International Holding PJSC (DFM: WATANIA; ‘WIH’ or the ‘Company’) has announced a remarkable turn-around in its financial performance for the first half of 2024. In that

News

Aug 14, 2024

Zepto Raised $340 Million In Funding That Pegged The Valuation At A Massive $5 Billion-thumnail

Zepto Raised $340 Million In Funding That Pegged The Valuation At A Massive $5 Billion

In what is a huge win for the fast-commerce space, fast-growing start-up Zepto, founded by Aadit Palicha and Kaivalya Vohra, has now raised USD 340 million in a new funding

Business

Aug 14, 2024

VeriEstate Set to Launch as Dubai’s Leading Proptech Startup with an Innovative Platform for Property Inspections and Listings-thumnail

VeriEstate Set to Launch as Dubai’s Leading Proptech Startup with an Innovative Platform for Property Inspections and Listings

Dubai-based proptech startup VeriEstate will raise the benchmark real estate landscape with its all-in-one property assessment platform. Being registered within DIFC’s Innovation Hub, which is the largest in the region,

Business

Aug 14, 2024

AI-Powered Dating Platform Juleo Secures $2.5 Million in Angel Financing-thumnail

AI-Powered Dating Platform Juleo Secures $2.5 Million in Angel Financing

AI-powered dating application Juleo’s co-founders, Chiranjeev Ghai and Varun Sud, today announced the closing of their seed fund raise of $2.5 million from a group of angel investors that includes

News

Aug 14, 2024

Salik Announces $149 Million Net Profit for First Half of 2024 with Significant Revenue and Profit Growth-thumnail

Salik Announces $149 Million Net Profit for First Half of 2024 with Significant Revenue and Profit Growth

Salik, Dubai’s largest toll operator, has released its financial results today for the first half of 2024, which is nothing short of stunning. The company has seen a net profit

Business

Aug 14, 2024

PhonePe, Google Pay Top List of UPI Transactions in July; Navi Sees Massive Growth-thumnail

PhonePe, Google Pay Top List of UPI Transactions in July; Navi Sees Massive Growth

It was this July that the Unified Payments Interface showed a significant spurt in transaction volume by 3.95 percent month-on-month to 14.44 billion from 13.89 billion in June. This surge

Business

Aug 14, 2024

Fresh Bus Raises $10.5M in Series A Funding toward Expanding Its Electric Bus Fleet-thumnail

Fresh Bus Raises $10.5M in Series A Funding toward Expanding Its Electric Bus Fleet

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

Business

Aug 13, 2024

Yalla Group’s First Half Revenue Increases by 4.7% to AED 587.3 Million-thumnail

Yalla Group’s First Half Revenue Increases by 4.7% to AED 587.3 Million

Dubai-Based Firm Achieves 4.7% Revenue Growth YoY Yalla Group Limited, a frontrunner in online social networking and gaming based in Dubai, released its financial results for the second quarter of

Business

Aug 13, 2024

FASHOR Secures $5 Million Funding from Blume Ventures for Strategic Expansion-thumnail

FASHOR Secures $5 Million Funding from Blume Ventures for Strategic Expansion

In a significant development for the fashion industry, FASHOR, a burgeoning fashion brand, has successfully raised $5 million in funding from Blume Ventures. This financial boost is set to propel

Business

Aug 13, 2024

ENBD REIT Divests Dubai Towers in Strategic Turnaround-thumnail

ENBD REIT Divests Dubai Towers in Strategic Turnaround

Overview of the Sale ENBD REIT announced that it had successfully closed the sale of two residential towers, Al Ramth 57 and 59, at the Remraam area in Dubai. The

Business

Aug 13, 2024

Beco Secures $10 Million Funding to Expand Eco-Friendly Product Reach-thumnail

Beco Secures $10 Million Funding to Expand Eco-Friendly Product Reach

Beco, a Mumbai-based home and personal care brand, has successfully raised $10 million in a funding round led by Tanglin Venture Partners. This round also saw participation from Titan Winners

Business

Aug 13, 2024


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