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Tag: Business
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

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

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

Dubai Weekly Funding Roundup: 4th November – 9th November, 2024-thumnail

Dubai Weekly Funding Roundup: 4th November – 9th November, 2024

Dubai’s investment ecosystem continues to boom as some of its companies in multiple sectors attract deep pocket funding. In this regard, some rich investments were made this past week for

Business

Nov 9, 2024

Amagi Reports Strong Growth and Reduced Losses, Eyes IPO-thumnail

Amagi Reports Strong Growth and Reduced Losses, Eyes IPO

Bengaluru headquartered cloud media SaaS technology company Amagi has turned out to report impressive growth while losing much less compared to the past fiscal year recently closed. The company had

Business

Nov 9, 2024

Thesys Secures $4 Million Funding to Revolutionize User Experience with AI-thumnail

Thesys Secures $4 Million Funding to Revolutionize User Experience with AI

Bengaluru-based AI start-up Thesys has raised $4 million in funding led by venture capitalist Together Fund. Eight other venture capital firms have also joined the company as investors. This funding

Business

Nov 7, 2024

AstroTalk Sees Amazing Growth in FY24, Thanks to Surging Popularity of Astrology-thumnail

AstroTalk Sees Amazing Growth in FY24, Thanks to Surging Popularity of Astrology

Astrology continues to boom in India. The latest digital astrology consultancy platform to rise to the top is AstroTalk. Based out of Noida, this platform has managed to register a

Business

Nov 6, 2024

Lulu Retail Holdings Secures $1.72 Billion in UAE’s Largest IPO of the Year-thumnail

Lulu Retail Holdings Secures $1.72 Billion in UAE’s Largest IPO of the Year

Hypermarket operator Lulu Retail Holdings Plc had successfully raised US$1.72 billion, or RM7.49 billion, from its initial public offering in Abu Dhabi, placing it as the largest listing this year

Business

Nov 6, 2024

LEOS Developments Announces $299 Million Kensington Gardens Project in Dubai’s Greenwood Community-thumnail

LEOS Developments Announces $299 Million Kensington Gardens Project in Dubai’s Greenwood Community

168 Luxury Units with Cutting-Edge Technology and Exclusive Design. British property developer LEOS Developments is launching Kensington Gardens, a super-prime residential community located within Nakheel’s enormous 3.95 million square metre

Business

Nov 5, 2024

Udaan Sees Flat Revenue, Valuation Contraction as the Company Cuts Cost-thumnail

Udaan Sees Flat Revenue, Valuation Contraction as the Company Cuts Cost

Udaan, a Bengaluru-based B2B e-commerce platform, is struggling at the operational level with its scale. The revenues have flattened for the fiscal year 2024. Valuation that had touched a peak

Business

Nov 5, 2024


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