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Anicut Capital Seals INR 300 Cr to Drive Follow-On Investments with Maiden Pre-IPO Fund-thumnail

Anicut Capital Seals INR 300 Cr to Drive Follow-On Investments with Maiden Pre-IPO Fund

Investment firm Anicut Capital has closed its maiden Pre-IPO equity fund at INR 300 crore (~ $36 million). The final close has been done for the aforesaid amount and puts

Business

Jul 12, 2024

Marriott Residences Al Barsha South Opens its Doors in Dubai-thumnail

Marriott Residences Al Barsha South Opens its Doors in Dubai

RDK Group Announces the Grand Opening The RDK Group is pleased to announce the opening of Marriott Residences Al Barsha South, Dubai. This new development assures luxurious living with additional

Business

Jul 12, 2024

H1 2024 Sees Funding Surge for Women-Led Startups-thumnail

H1 2024 Sees Funding Surge for Women-Led Startups

Funding into women-led startups made a remarkable comeback, with an absolute year-over-year growth of 81 percent. This has been quite good decade-high growth and goes on to prove that more

Business

Jul 12, 2024

Financing Options for Off-Plan Projects in Dubai: A Game-Changer for Real Estate-thumnail

Financing Options for Off-Plan Projects in Dubai: A Game-Changer for Real Estate

Probably the defining moment in the sector of Dubai real estate, banks have started financing off-plan property projects. This would help reduce much of the financial burden on prospective homeowners

News

Jul 12, 2024

Led by Yubi, Infra.Market Raises Rs 150 Crore In Debt Funding-thumnail

Led by Yubi, Infra.Market Raises Rs 150 Crore In Debt Funding

One of the widely known Indian startups in construction materials, Infra.Market, has raised Rs 150 crore through debt financing recently, driven by Yubi, a large financial transaction-driven platform. This round

Business

Jul 12, 2024

Emaar Celebrates Remarkable H1 Growth-thumnail

Emaar Celebrates Remarkable H1 Growth

Emaar Properties, Dubai’s leading developer, has just announced strong half-year performances and milestones for the first half of 2024, driven by outstanding growth across various businesses. PC: Emaar Properties PJSC

Business

Jul 12, 2024

Dubai Real Estate Market Records Almost AED123bn in Property Sale Transactions So Far This Year-thumnail

Dubai Real Estate Market Records Almost AED123bn in Property Sale Transactions So Far This Year

The real estate market in Dubai saw good performance reflected in high transaction volumes and large monetary value registered throughout the first half of 2024. A recent report picked out

Business

Jul 12, 2024

IdeaForge Acquires Non-Controlling Stake in Space-Tech Company-thumnail

IdeaForge Acquires Non-Controlling Stake in Space-Tech Company

As a strategic step towards strengthening its presence in the fast-growing space technology sector, ideaForge, a global leader in the unmanned aerial vehicle industry has acquired a non-controlling stake in

Business

Jul 11, 2024

Jugyah Secures $1.5 Million to Change Proptech-thumnail

Jugyah Secures $1.5 Million to Change Proptech

Proptech startup Jugyah raised $1.5 million in funding, led by White Venture Capital and with an alliance by QED Investors, among other strategic partners. This investment marks the interest and

Business

Jul 11, 2024

Gold Prices Ease In Early Trade In Dubai-thumnail

Gold Prices Ease In Early Trade In Dubai

Market Opening Overview The onset of Thursday saw the opening of trade with gold prices in Dubai, UAE, edging down slightly, following a rise on Wednesday. At present, volatility is

Business

Jul 11, 2024

Telecom Equipment Sales Breach INR 50,000 Crore As Over 17,000 Jobs Created Under PLI Scheme-thumnail

Telecom Equipment Sales Breach INR 50,000 Crore As Over 17,000 Jobs Created Under PLI Scheme

PLI has taken the Indian sector of telecom equipment to new heights. In just three years, it has scaled sales of over INR 50,000 crore and more than 17,000 jobs;

Brands

Jul 11, 2024

Dubai’s High-End Property Market Faces 47% Decline-thumnail

Dubai’s High-End Property Market Faces 47% Decline

Overview of the Market Dynamics Dubai’s prime residential real estate market, which includes the indefinite prestige of Emirates Hills, Jumeirah Bay Island, Jumeirah Islands, and The Palm Jumeirah, is dramatically

Business

Jul 11, 2024


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