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Shuaa Capital Sells Stake in it’s Saudi Hospitality Portfolio for $5.3mln -thumnail

Shuaa Capital Sells Stake in it’s Saudi Hospitality Portfolio for $5.3mln 

Dubai-listed investment bank Shuaa Capital said it has closed the sale of its Saudi hospitality asset portfolio to Saudi-based prominent real estate investor Sumou Holding. The sale is valued at

Business

Jan 9, 2025

Waycool Raises $13 Million Debt from Grand Anicut-thumnail

Waycool Raises $13 Million Debt from Grand Anicut

Waycool, a major player in the B2B food and agritech market, has also announced its plans to raise ₹110 crore in debt from Grand Anicut. That is the second round

Business

Jan 9, 2025

PhonePe and Google Pay Dominate UPI Transactions in December as Paytm Faces Challenges-thumnail

PhonePe and Google Pay Dominate UPI Transactions in December as Paytm Faces Challenges

The Indian UPI landscape has recorded some great improvements in December 2024, with both PhonePe and Google Pay consolidating their stronghold on the country’s transaction volumes. According to recently released

Business

Jan 8, 2025

Dubai-listed Emirates NBD Prices Five-year Notes to List on Tapei Stock Exchange-thumnail

Dubai-listed Emirates NBD Prices Five-year Notes to List on Tapei Stock Exchange

Dubai-based Bank Targets International Investors with Latest Offering.  Emirates NBD, one of the leading banking groups in the Middle East, announced the pricing of its senior unsecured five-year notes, due

Business

Jan 8, 2025

Otipy Launches Pilot Program for Electric Carts to Sell Fresh Produce-thumnail

Otipy Launches Pilot Program for Electric Carts to Sell Fresh Produce

Otipy, one of the leading farm-to-fork companies, has finally made a big push toward modernising the sale of fresh fruits and vegetables. It has started testing electric carts in Gurugram.

Business

Jan 8, 2025

Rail Vikas Nigam Partners with Dubai-Based GBH International to Tap GCC Infrastructure Market  -thumnail

Rail Vikas Nigam Partners with Dubai-Based GBH International to Tap GCC Infrastructure Market  

Dubai as the Gateway to Strategic Collaboration   Rail Vikas Nigam Limited (RVNL), one of the major railway infrastructure development companies in India, has signed a significant partnership agreement with GBH

News

Jan 8, 2025

Moonrider Secures $2.2 Million Funding to Revolutionize Electric Tractors-thumnail

Moonrider Secures $2.2 Million Funding to Revolutionize Electric Tractors

Bengaluru-based electric tractor startup Moonrider has raised $2.2 million (approximately ₹19 crore) in a seed funding round co-led by Micelio Fund and AdvantEdge Founders, with contributions from various angel investors.

Investment & Funding

Jan 8, 2025

Bakingo Sees ₹208.7 Cr Revenue for FY24 With Margin Loss-thumnail

Bakingo Sees ₹208.7 Cr Revenue for FY24 With Margin Loss

Online bakery brand, Gurugram-based Bakingo reported very impressive fiscal-end results March 2024 to close the FY at ₹208.7 crore, in terms of revenues. While its revenue numbers indicate a great

Business

Jan 8, 2025

ENOC Group Expands Retail Network in Ajman with Two New Service Stations  -thumnail

ENOC Group Expands Retail Network in Ajman with Two New Service Stations  

ENOC Group, a leading global energy player, has announced the opening of two new service stations in Ajman, further expanding its retail footprint in the emirate. Located in Al Jurf

Business

Jan 7, 2025

Oben Electric Raises $6 Million in Series A Funding in Expansion of its Electric Motorcycle Operation-thumnail

Oben Electric Raises $6 Million in Series A Funding in Expansion of its Electric Motorcycle Operation

Oben Electric, emerging electric motorcycle play, has also successfully raised the ₹50 crore, which is an equivalent of roughly $6 million, with a Series A funding round. This round was

Investment & Funding

Jan 7, 2025

Devsinc Expands into UAE with Acquisition of Alchemative  -thumnail

Devsinc Expands into UAE with Acquisition of Alchemative  

Devisnc, Pakistan’s leading IT Company has announced the acquisition of Alchemative Group of UAE, which provides eCommerce and digital retail solutions along with the UnumPay payment gateway. With this acquisition,

Business

Jan 7, 2025

MobiKwik Reports ₹291 Crore Revenue and ₹3.5 Crore Loss in Q2 FY25-thumnail

MobiKwik Reports ₹291 Crore Revenue and ₹3.5 Crore Loss in Q2 FY25

MobiKwik, the leading fintech platform, announced its financials for the second quarter of fiscal year 2025 (Q2 FY25), which indicates a significant revenue growth despite net loss. The company reported

Business

Jan 7, 2025


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