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Hangyo Secures $25 Million Investment from Faering Capital for Expansion and Innovation-thumnail

Hangyo Secures $25 Million Investment from Faering Capital for Expansion and Innovation

In what could be called a landmark exercise in funding for the Indian ice cream industry, Hangyo, a flagship brand for ice creams, has successfully managed to raise $25 million

Business

Aug 22, 2024

TECOM Group to Invest AED 340 Million in Dubai Internet City’s Innovation Hub Phase 3-thumnail

TECOM Group to Invest AED 340 Million in Dubai Internet City’s Innovation Hub Phase 3

TECOM Group, the UAE’s pioneer business park operator, announces the major additional investment of AED 340 million (USD 93 million) in the wired city’s leading Grade A adaptive, sustainable office

Business

Aug 22, 2024

Revrag Secures Pre-Seed Funding of $600,000 to Spearhead AI-Led Innovation in B2B Sales-thumnail

Revrag Secures Pre-Seed Funding of $600,000 to Spearhead AI-Led Innovation in B2B Sales

B2B Sales startup Revrag raised $600,000 in its pre-seed funding round and suddenly became more potent to make that difference in the sales landscape for businesses. Powerhouse Ventures led the

Business

Aug 22, 2024

Atlys Expands it’s Global Footprint, Enters UAE Market-thumnail

Atlys Expands it’s Global Footprint, Enters UAE Market

Travel-tech Startup Streamlines Visa Applications with Innovative Digital Solutions Atlys, the pioneering travel tech startup, has officially taken its services down to the United Arab Emirates, making a momentous stride

Business

Aug 21, 2024

Dubai 2040 Urban Master Plan: 3DXB Group Pioneers Sustainable Urban Development-thumnail

Dubai 2040 Urban Master Plan: 3DXB Group Pioneers Sustainable Urban Development

Innovative Solutions Align with Dubai’s Vision for a Greener, More Livable City In furtherance of the ambitious Dubai 2040 Urban Master Plan to increase the Emirate’s population by 75 percent

Business

Aug 21, 2024

Dar Global PLC Partners with Rothschild & Co. to Explore Acquisitions and Joint Ventures in London and Saudi Arabia-thumnail

Dar Global PLC Partners with Rothschild & Co. to Explore Acquisitions and Joint Ventures in London and Saudi Arabia

Dubai-based Luxury Real Estate Developer Aims for Expansion in Key Markets Dar Global PLC, the Dubai-based Luxury Real Estate Developer, made an important announcement on Tuesday. The firm has mandated

Business

Aug 21, 2024

ReshaMandi Hit with Severe Setbacks: Complete Layoffs, Website Shutdown, and Auditor Concerns-thumnail

ReshaMandi Hit with Severe Setbacks: Complete Layoffs, Website Shutdown, and Auditor Concerns

PC: The Economic Times  ReshaMandi, once touted as a nimble player in the textile supply chain space, is now beset with profound operational hiccups. The company reportedly laid off its

News

Aug 20, 2024

Sustainable Mobility Start-up, E Daddy Secures $15mln Funding-thumnail

Sustainable Mobility Start-up, E Daddy Secures $15mln Funding

PC: ZAWYA Based in Dubai, E-Daddy is poised to bring significant changes to the United Arab Emirates’ EV sector, with new benchmarks in urban mobility. As the first firm to

Investment & Funding

Aug 20, 2024

Yotuh Energy Secures Rs. 153 Cr Funding Round Led by Campus Angels Network-thumnail

Yotuh Energy Secures Rs. 153 Cr Funding Round Led by Campus Angels Network

PC: ANI News  In a big boost to the renewable energy sector, Yotuh Energy has successfully closed its Rs. 153 crore funding round led by Campus Angels Network. Several other

News

Aug 20, 2024

MobiKwik Achieves Profitability with Rs 875 Crore Revenue in FY24, Eyes IPO-thumnail

MobiKwik Achieves Profitability with Rs 875 Crore Revenue in FY24, Eyes IPO

PC: Medial Top fintech company MobiKwik has displayed a stunning financial turnaround in the fiscal year ending March 2024. The company’s revenue stood at Rs 875 crore, a massive 62%

Business

Aug 20, 2024

Significant Increase in Blockchain and Crypto Job Opportunities in UAE’s Fintech Industry, According to ADGM Report-thumnail

Significant Increase in Blockchain and Crypto Job Opportunities in UAE’s Fintech Industry, According to ADGM Report

PC: LinkedIn Fintech’s Transformative Impact Digital transformation is shaking the very foundations of the financial sector, with fintech—short for financial technology—at the forefront. Inventions in FinTech, such as digital wallets

Industry

Aug 20, 2024

Dubai’s Magellan Capital Holdings Ltd. to Launch $700 Million Hedge Fund-thumnail

Dubai’s Magellan Capital Holdings Ltd. to Launch $700 Million Hedge Fund

PC: Yahoo! Finance Dubai-based Magellan Capital Holdings Ltd. is priming a $700 million multi-strategy hedge fund for launch next month in one of the largest hedge fund launches in the

Investment & Funding

Aug 20, 2024


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