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Funding Round-Up Report Of Indian Startups: (12-17 August)-thumnail

Funding Round-Up Report Of Indian Startups: (12-17 August)

The Indian startup ecosystem has been seeing a good amount of funding activities occur over the last week of 12-17 August 2024, in which 25 startups managed to raise nearly

Business

Aug 17, 2024

ENBD REIT Divests Remraam Towers, Lowering LTV to 49.4%-thumnail

ENBD REIT Divests Remraam Towers, Lowering LTV to 49.4%

Sale of Remraam Residential Towers ENBD REIT announced the sale of its Remraam residential assets. The transaction was completed at a slight premium to the current market value on March

Business

Aug 17, 2024

The Dubai Financial Market has Signed a Memorandum of Understanding with the Shenzhen Stock Exchange-thumnail

The Dubai Financial Market has Signed a Memorandum of Understanding with the Shenzhen Stock Exchange

In a key step toward financial market integration across borders, Dubai Financial Market and Shenzhen Stock Exchange signed an MoU that aims to facilitate cross-border trading and investment between the

Business

Aug 16, 2024

Makyee Launches a Digital Platform for Real Estate Transactions in Dubai-thumnail

Makyee Launches a Digital Platform for Real Estate Transactions in Dubai

Introduction of Makyee’s Cutting-Edge Platform Makyee’s technology-based digital platform is going to revolutionise the real estate landscape in Dubai. Led by founder Amin Makhlouf, Makyee aspires to totally change the

Business

Aug 16, 2024

BharatPe Raises Stake in Trillion Loans to 60%-thumnail

BharatPe Raises Stake in Trillion Loans to 60%

In a strategic move to further strengthen its financial services portfolio, unicorn fintech player BharatPe raised its stake in NBFC Trillion Loans to nearly 60%. The investment is pegged at

Business

Aug 16, 2024

Ecom Express Files for IPO; Partners Group to Offload Rs 931 Crore Stake-thumnail

Ecom Express Files for IPO; Partners Group to Offload Rs 931 Crore Stake

In a big step toward going public, Ecom Express, the major Indian logistics company, has filed a draft red herring prospectus with the Securities and Exchange Board of India. With

Business

Aug 16, 2024

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


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