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, 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
Jan 20, 2025
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
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
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
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
Jan 18, 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
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
Jan 17, 2025
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
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
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
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
Mar 17, 2026
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Mar 10, 2026