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Abolition of Angel Tax to Further Ease Funding Winter for Indian Start-Up According to Expert-thumnail

Abolition of Angel Tax to Further Ease Funding Winter for Indian Start-Up According to Expert

One of the most feared angel taxes has been abolished. Industry experts are abuzz with this news. Let’s delve deeper into what it means for startups and investors at large.

Business

Jul 26, 2024

Leap Finance Sets To Raise $100 Mn; Seeks Over $1 Bn Valuation-thumnail

Leap Finance Sets To Raise $100 Mn; Seeks Over $1 Bn Valuation

It has been reported that Leap Finance, a platform that has been in the limelight with its aid to Indian students funding their education abroad, is now in discussions to

Business

Jul 26, 2024

Q1 FY25 Sees Fall in Go Digit’s Revenue But Profit Spikes 90%-thumnail

Q1 FY25 Sees Fall in Go Digit’s Revenue But Profit Spikes 90%

Go Digit General Insurance is a mixed bag of sorts, but there’s some good news that needs sharing. Let’s get down to the bottom of things for this Bengaluru-based insurance

News

Jul 26, 2024

Titan Wealth Expands Global Presence with Acquisition of Dubai-Based AHR Group-thumnail

Titan Wealth Expands Global Presence with Acquisition of Dubai-Based AHR Group

Titan Wealth’s Global Expansion Titan Wealth, a UK-based wealth management company, announced that it had further expanded its international footprint by acquiring AHR Group, a financial planning and wealth management

Business

Jul 26, 2024

Dubai Taxi Reports AED1.09 billion Revenue in H1 2024-thumnail

Dubai Taxi Reports AED1.09 billion Revenue in H1 2024

Revenue Growth and EBITDA Surge Dubai Taxi Company on Tuesday released cheerful financial results for the six-month period ending June 30, 2024. Revenues surged by a massive 14 percent year-on-year

Business

Jul 26, 2024

Agritech Firm Waycool Lays Off Over 200 Employees Amid Profitability Push-thumnail

Agritech Firm Waycool Lays Off Over 200 Employees Amid Profitability Push

In one of the biggest steps toward attaining profitability, Waycool, an agritech firm, has laid off over 200 employees across various departments. This is the third round of layoffs for

Business

Jul 26, 2024

Venture Catalyst-backed GenAI startup Devnagri led by IPV raises, fresh funds -thumnail

Venture Catalyst-backed GenAI startup Devnagri led by IPV raises, fresh funds 

A homegrown startup, Devnagri, specializing in B2B Indian language translation, just managed to bag some fresh funding. This round was led by Inflection Point Ventures, and although the exact amount

Business

Jul 25, 2024

Mashreq Bank Leads $3.25 Billion Sustainability-Linked Financing for GEMS Education-thumnail

Mashreq Bank Leads $3.25 Billion Sustainability-Linked Financing for GEMS Education

Mashreq Bank, together with a group of regional banks, has arranged a landmark $3.25 billion Sustainability-Linked Leveraged Buyout financing for GEMS Education. More than just large in financial scale, this

Business

Jul 25, 2024

Mamo Secures $3.4mln to Enhance Financial Services for SMEs-thumnail

Mamo Secures $3.4mln to Enhance Financial Services for SMEs

Mamo, a fintech startup from UAE, raised $3.4 million in its funding round to smoothen financial operations for SMEs. The funding round, led by current investor 4DX Ventures and Dubai

Business

Jul 25, 2024

Fintech Unicorn Yubi Adds Worth $26 Mn Fresh ESOPs -thumnail

Fintech Unicorn Yubi Adds Worth $26 Mn Fresh ESOPs 

Yubi, the fintech unicorn formerly known as CredAvenue, made a big move by adding fresh Employee Stock Options worth a whopping $26 million; let’s dive into the details and see

Business

Jul 25, 2024

UAE Commercial Property Sector Records Highest Occupier Demand in a Decade-thumnail

UAE Commercial Property Sector Records Highest Occupier Demand in a Decade

Economic Growth Boosts Demand Occupier demand within the UAE commercial property sector surged to its highest level in a decade in Q2 this year. This is explained by the country’s

Business

Jul 25, 2024

Union Budget(Part-1) 2024-2025: Key Highlights-thumnail

Union Budget(Part-1) 2024-2025: Key Highlights

Finance minister Nirmala Sitharaman delivered the Union Budget 2024-2025, laying out how the government is going to manage its finances in the financial year going forward. The budget, anticipated strongly

Indian Govt

Jul 24, 2024


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