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EV firm Bounce On Way To report over Rs 150 Cr revenue by FY25-thumnail

EV firm Bounce On Way To report over Rs 150 Cr revenue by FY25

Bounce-which is one of the Bengaluru-based electric scooter makers-is likely to post a really sharp rise in its financial performance, targeting an annualized revenue of more than ₹150 crore for

News

Nov 25, 2024

Dh4 Million Penthouse Sets New Standard for Dubai Rent-thumnail

Dh4 Million Penthouse Sets New Standard for Dubai Rent

Over the past two years, the Dubai property market has seen a significant surge in high-end rental properties priced in multi-million dirhams. These ultra-luxury rentals are now an indispensable feature

News

Nov 25, 2024

Pantheon Development Celebrates Launch of One Central in Ras Al Khaimah  -thumnail

Pantheon Development Celebrates Launch of One Central in Ras Al Khaimah  

Pantheon Development, the leading real estate developer in Dubai, has announced that the launch event of One Central was a resounding success. One Central is a landmark mixed-use development in

News

Nov 25, 2024

Lendingkart Posts ₹1,090 Cr Revenue for FY24, Registers Decline in Profit-thumnail

Lendingkart Posts ₹1,090 Cr Revenue for FY24, Registers Decline in Profit

Lendingkart, a leading non-banking financial company (NBFC) with specialization in work capital and business loans to small and medium enterprises (SMEs) in India, today announced its results for the fiscal

News

Nov 25, 2024

Prime Venture Partners Leaded Funding Round in Elchemy of $5.6 Million-thumnail

Prime Venture Partners Leaded Funding Round in Elchemy of $5.6 Million

Yet another milestone acquisition in a boost for the Indian startup ecosystem: Elchemy, a cross-border specialty chemical distribution platform, has raised $5.6 million, approximately ₹47 crore, from Prime Venture Partners

News

Nov 25, 2024

Nasdaq Dubai Welcomes $2 Billion in Bonds from China’s Ministry of Finance-thumnail

Nasdaq Dubai Welcomes $2 Billion in Bonds from China’s Ministry of Finance

Significant Listing Strengthens UAE-China Financial Ties   PC: wam.ae Nasdaq Dubai has announced that two bonds totaling $2 billion were issued by China’s Ministry of Finance and listed on the exchange.

News

Nov 25, 2024

Dubai Funding Roundup: Key Investments and Funding Highlights -thumnail

Dubai Funding Roundup: Key Investments and Funding Highlights 

Dubai’s finance scene has witnessed considerable shifts lately, led by Talabat’s listing on the Dubai Financial Market (DFM) and some significant venture funding rounds from rising startups in the region.

News

Nov 23, 2024

UAE Introduces Know Your Customer Platform to Develop Financial Infrastructure-thumnail

UAE Introduces Know Your Customer Platform to Develop Financial Infrastructure

Being a governmental initiative, the “Know Your Customer” (KYC) digital platform is an effort by the government of the UAE to transform its financial sector through transparency enhancement, strengthening compliance

News

Nov 23, 2024

Zomato Secures Shareholder Approval to Raise ₹8,500 Crore via QIP-thumnail

Zomato Secures Shareholder Approval to Raise ₹8,500 Crore via QIP

In a major move aimed at furthering its competitive edge in the foodtech and quick commerce space, Zomato has obtained shareholder consent for raising ₹8,500 crore through Qualified Institutional Placement,

News

Nov 23, 2024

Weekly Update: Funding and Acquisition in Indian Startups (18 – 23 Nov)-thumnail

Weekly Update: Funding and Acquisition in Indian Startups (18 – 23 Nov)

Indian startups saw significant investment during the week of November 18 to 23, 2024, while at least 23 startups collectively raised about $595.86 million in total funds. Compared to the

News

Nov 23, 2024

Binny Bansal Resigns from PhonePe Board; Quits All Firms Controlled by Walmart-thumnail

Binny Bansal Resigns from PhonePe Board; Quits All Firms Controlled by Walmart

A significant development in the Indian tech landscape is that Binny Bansal, the cofounder of Flipkart, has resigned from the board of directors of PhonePe. This development marks Bansal’s complete

Business

Nov 22, 2024

LEOS Developments Breaks Ground on Knightsbridge: Dubai’s First Climate-Adaptive Wellness Community-thumnail

LEOS Developments Breaks Ground on Knightsbridge: Dubai’s First Climate-Adaptive Wellness Community

LEOS Developments, a British-born international property developer of note, has launched what it claims is the first climate-adaptive wellness community in Dubai: Knightsbridge. The ceremony took place at Meydan District

Business

Nov 22, 2024


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