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Tag: Business
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

Top 15 Innovative Startups in New York City-thumnail

Top 15 Innovative Startups in New York City

New York City is also home to what many consider the world’s most exciting and unique culture, which comes alive as soon as its doors are swung open. Similarly, as

Startup

Nov 5, 2024

Turtlemint Raises $120M in Series E Funding-thumnail

Turtlemint Raises $120M in Series E Funding

Turtlemint has garnered many headlines lately for its significant feats that it has made recently. The insurtech firm was able to raise $120 million in the Series E funding round

Business

Nov 4, 2024

UAE’s Brands.io Secures Seed Funding Round 1 Month After Launch-thumnail

UAE’s Brands.io Secures Seed Funding Round 1 Month After Launch

Platform for AI-Focused Domain Names Draws Investor Support. Brands.io, a domain name provider for AI startups that boasts high-quality domain names, has secured seed funding only a month after its

Business

Nov 4, 2024


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