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Dubai Chambers and Thai Chamber of Commerce Sign MoU to Boost Bilateral Trade and Investment-thumnail

Dubai Chambers and Thai Chamber of Commerce Sign MoU to Boost Bilateral Trade and Investment

The Memorandum of Understanding was signed with the Thai Chamber of Commerce with the Dubai Chambers as a formal process. This will propel forward the aspects of boosting economic and

Business

Nov 12, 2024

Infibeam Achieves Rs 1,000 Crore Revenue for Q2 FY25-thumnail

Infibeam Achieves Rs 1,000 Crore Revenue for Q2 FY25

Infibeam Avenues Ltd, headquartered in Ahmedabad and offering digital payments and e-commerce solutions, achieved a major milestone as its revenues crossed ₹1,000 crore during the second quarter of fiscal year

Business

Nov 12, 2024

Jupiter’s Revenue Surges 7X in FY24 as Losses Taper Off-thumnail

Jupiter’s Revenue Surges 7X in FY24 as Losses Taper Off

As a result, the Neo-banking startup Jupiter has shown stellar financial growth in FY 2024 with sevenfold growth in its operating revenue. The company, promoted by Peak XV Partners, said

Business

Nov 12, 2024

CFI’s Q3 2024 Milestone Achievements Signal Unprecedented Growth-thumnail

CFI’s Q3 2024 Milestone Achievements Signal Unprecedented Growth

Record-Breaking Performance in Q3 2024 An online trading leader, CFI has recorded its best quarter in Q3 2024, following through with the promising momentum set in Q2 2024. The company’s

Business

Nov 12, 2024

Former Skechers Executive Sumit Maloo Join Neeman’s as CFO-thumnail

Former Skechers Executive Sumit Maloo Join Neeman’s as CFO

Hyderabad-based sustainable footwear startup Neeman’s recently appointed a former executive from Skechers as its chief financial officer, Sumit Maloo. At a time when the company is planning to scale its

Business

Nov 12, 2024

Dubai’s Parkin Reports 5% Profit Increase Amid Revenue Surge-thumnail

Dubai’s Parkin Reports 5% Profit Increase Amid Revenue Surge

Net Profit Exceeds Analysts’ Expectations The company in charge of operating public parking spaces within the emirate, Dubai’s Parkin has performed outstandingly well in its latest report, registering 104.7 million

Business

Nov 12, 2024

Dubai Real Estate Developer Damac Properties Expands into Luxury Airline Market with Damac Air-thumnail

Dubai Real Estate Developer Damac Properties Expands into Luxury Airline Market with Damac Air

Developer to Offer Exclusive Flights to Top Holiday Destinations Damac Properties is one of the largest private real estate developers in Dubai and plans to make a joint entry into

Business

Nov 11, 2024

Bhanzu Secures $16.5 Million Funding Led by Epiq Capital to Enhance US Presence and Invest in AI-thumnail

Bhanzu Secures $16.5 Million Funding Led by Epiq Capital to Enhance US Presence and Invest in AI

Edtech startup Bhanzu has raised $16.5 million funding in a round led by venture capital firm Epiq Capital. This gives Hyderabad-based the company a valuation of around $120-122 million. Mumbai-based

Business

Nov 11, 2024

DIFC Successfully Redeems $700 Million Sukuk, Affirming Financial Strength and Sustainable Strategy-thumnail

DIFC Successfully Redeems $700 Million Sukuk, Affirming Financial Strength and Sustainable Strategy

Key Milestone in Sustainable Financing The Dubai International Financial Centre (DIFC) recently achieved a significant financial milestone by fully redeeming and repaying a $700 million sukuk on schedule. This successful

Business

Nov 11, 2024

Groww Enters Into 12.59 Million Active Users, Tightening the Lead Over Zerodha-thumnail

Groww Enters Into 12.59 Million Active Users, Tightening the Lead Over Zerodha

Bengaluru-headquartered stock broker Groww has achieved an impressive milestone as a member of the Indian fintech ecosystem, seeing a meteoric rise in its active user base – it now stands

Business

Nov 11, 2024

Talabat to Offer 15% of It’s Stake to the Public-thumnail

Talabat to Offer 15% of It’s Stake to the Public

Overview of IPO and Key Stakeholders Talabat Holding, a leading food delivery platform in the Middle East and a subsidiary of Delivery Hero (DHER.DE), is to raise its capital in

Business

Nov 11, 2024

Amazon India Marketplace Clocks ₹588 Crore Adjusted EBITDA in FY24-thumnail

Amazon India Marketplace Clocks ₹588 Crore Adjusted EBITDA in FY24

Amazon India’s marketplace has delivered a fiscal year of ₹588.6 crore adjusted EBITDA in FY 2024, marking a strong reflection of the group’s continuing growth trajectory. The momentum towards consolidated

News

Nov 11, 2024


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