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Ex-Zepto Executive Raises $5.5 Million for Quick Commerce Startup Snabbit-thumnail

Ex-Zepto Executive Raises $5.5 Million for Quick Commerce Startup Snabbit

In a development that can bring revolution in quick commerce space, Snabbit, a startup by former Zepto executive, has raised $5.5 million in a seed funding round. The investment has

Business

Jan 21, 2025

BlueMedix Raises $5 Million Pre-Series Funding-thumnail

BlueMedix Raises $5 Million Pre-Series Funding

BlueMedix, the largest retail pharmacy chain in Eastern India, has managed to secure a pre-series funding of $5 million. This round, led by a prominent Dubai-based family fund, was closed

Business

Jan 20, 2025

Dubai Awards AED1.5 Billion Contract for Al Fay Street Development Project  -thumnail

Dubai Awards AED1.5 Billion Contract for Al Fay Street Development Project  

RTA’S AED1.5 Billion Goal Al Fay Street Development Project has been awarded. This infrastructure is intended to widen and upgrade one of the main arteries of the city, symbolizing Dubai’s

Business

Jan 20, 2025

Dubai Islamic Bank Increases Stake in Turkey’s T.O.M. Group to 25%  -thumnail

Dubai Islamic Bank Increases Stake in Turkey’s T.O.M. Group to 25%  

Dubai Islamic Bank (DIB), which holds the position of being the largest Shariah-compliant bank in terms of assets, increased its stake in Turkey’s T.O.M. Group of Companies from 20% to

Business

Jan 20, 2025

ProcureYard Secures Funding, Turns Profitable-thumnail

ProcureYard Secures Funding, Turns Profitable

ProcureYard is an AI procurement platform based in Gurugram and Bengaluru. The startup has secured seed funding worth $1.72 million. According to reports, this seed round was led by Powerhouse

Business

Jan 20, 2025

Indian Startup Funding This Week (January 13 – 18)-thumnail

Indian Startup Funding This Week (January 13 – 18)

Indian startups are experiencing steady funding until now this year. From the date of January 13 to 18, startups raised a total of $308.1 million across 24 deals. Although the

Business

Jan 18, 2025

Dubai Funding Weekly Roundup: Major Investment Surge (13th January to 18th January, 2025) -thumnail

Dubai Funding Weekly Roundup: Major Investment Surge (13th January to 18th January, 2025) 

This week saw big moves in the global tech investment space through some groundbreaking funding announcements. This should further underscore the rising influence of Dubai as a financial hub. From

Business

Jan 18, 2025

Urban Properties Development Unveils AED 300 Million Urban Life Residences in Business Bay  -thumnail

Urban Properties Development Unveils AED 300 Million Urban Life Residences in Business Bay  

Urban Properties Development (UPD) announces the launch of Urban Life Residences, a freehold project situated in the heart of Business Bay, Dubai, valued at AED 300 million. The development is

Business

Jan 17, 2025

Economic Growth in MENA on Track as Oil Production Cuts Ease  -thumnail

Economic Growth in MENA on Track as Oil Production Cuts Ease  

Moody’s stated that by 2025, it predicts that the MENA region could quickly cruise at about 2.9% from a 2.1% GDP growth projected for 2024 as oil production cuts are

Business

Jan 17, 2025

Zomato Invests ₹500 Crore In Its Quick Commerce- Blinkit-thumnail

Zomato Invests ₹500 Crore In Its Quick Commerce- Blinkit

Zomato has invested ₹500 crore (nearly $60 million) in its quick commerce branch, Blinkit. This recent funding round gets Zomato’s total investment in Blinkit to ₹2,800 crore. This happened from

Business

Jan 17, 2025

Emaar in Talks to Sell Stake in Indian Subsidiary  -thumnail

Emaar in Talks to Sell Stake in Indian Subsidiary  

Dubai’s Leading Developer Confirms Potential Deal with Adani Group.  Emaar Properties, currently the biggest property developer in Dubai, has indicated that negotiations are still ongoing with Indian companies involving a

Business

Jan 17, 2025

Negen Capital and Vyom Wealth led the funding round worth ₹36 crore for WeVOIS-thumnail

Negen Capital and Vyom Wealth led the funding round worth ₹36 crore for WeVOIS

WeVOIS, a startup focused on waste management, has successfully raised ₹36 crore (approximately $4.2 million) in a Series A funding round. This funding was led by Negen Capital and Vyom

Business

Jan 17, 2025


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