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Tag: Business
UAE and GCC Anticipate Surge in Startup Funding Amid Interest Rate Shift-thumnail

UAE and GCC Anticipate Surge in Startup Funding Amid Interest Rate Shift

The UAE and broader GCC region should experience a huge injection of funding into startups during the second half of 2024 and into 2025 as the shift in interest rates

Business

Nov 14, 2024

LegalKart raises $920k in funding for AI-powered legal solutions-thumnail

LegalKart raises $920k in funding for AI-powered legal solutions

Gurugram-based legal tech startup, LegalKart, that focuses on emerging areas in the legal tech space, has raised ₹6.5 crore in funding led by IIM Udaipur Incubation Centre. The firm had

Business

Nov 14, 2024

Inflection Point Ventures Made the Investment of $250,000 Into SAAS Startup Mushin Innovative Labs-thumnail

Inflection Point Ventures Made the Investment of $250,000 Into SAAS Startup Mushin Innovative Labs

Mushin Innovative Labs is a Delhi-based SaaS startup that has raised $250,000 in its seed funding round led by IPV. This raised amount will further be utilized in developing sales

Business

Nov 14, 2024

Dubai Investments Reports Robust Q3 2024 Performance and Strategic Growth Initiatives-thumnail

Dubai Investments Reports Robust Q3 2024 Performance and Strategic Growth Initiatives

 Dubai Investments PJSC, one of the largest investment companies listed on the Dubai Financial Market, said it had posted a solid three months ended 30 September 2024 performance, with net

Business

Nov 14, 2024

VC Grid leads a $1 million seed round into Pikndel-thumnail

VC Grid leads a $1 million seed round into Pikndel

Pikndel, a same-day delivery service company from Delhi has completed seed funding worth $1 million funded by VC Grid, who led the round. This round saw participation from some diversified

Business

Nov 13, 2024

Funstop Games Raises $5 Million in Series A Funding to Expand Casual Gaming Portfolio-thumnail

Funstop Games Raises $5 Million in Series A Funding to Expand Casual Gaming Portfolio

Funstop Games, a nascent casual gaming studio headquartered in Delhi, has raised $5 million through its Series A funding co-led by 360 ONE Asset and InfoEdge Ventures. That is indeed

Business

Nov 13, 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

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


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