UAE’s Al Tayer Group shuts down its e-tailer Nisnass
UAE-based Al Tayer Group has recently announced that its e-tailer Nisnass will close down its operations from July 16.
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OkCredit raises INR 80 Cr funding from its parent entity
Haryana-based OKCredit last week announced that the company has raised INR 80 crore (around over $10 million) from its parent entity, OkTech Inc.
These Dubai-based gyms announce shutdown due to COVID-19
five Dubai-based gyms and fitness centres have permanently closed operations as COVID-19 including CrossFit GoldBox Dubai, Flywheel Dubai, Cult.Fit...
Tata Asset Management establishes a regional office in Dubai International Financial Centre
DIFC, leading international financial hub in the Middle East, Africa & South Asia (MEASA) region has welcomed Tata Asset Management Limited to the Centre.
India’s TikTok rival Mitron app controversy & Pakistani connection myth
India's TikTok rival, the Mitron app has been making headlines since its launch and in the recent days, a controversy regarding the app's connection with Pakistan
Kris Gopalakrishnan – co-founder of Infosys and chairman of Axilor Ventures invests in Myelin Foundry
Bengaluru-based deep tech startup Myelin Foundry on Thursday announced that the company raised an undisclosded amount from Kris Gopalakrishnan
Anil Valluri joins Google Cloud India as Senior Director
Google Cloud has reportedly appointed Anil Valluri as Senior Director for Google Cloud in India. The announcement came yesterday
Ajar – Kuwait’s proptech startup scoops $7.5 Mn funding
Kuwait's proptech startup Ajar closed its Pre-Series A round with participation from SBX Capital, 500 Startups, and Seed Partner.
Wooden Street – Jaipur-based custom furniture startup scoops $3 Mn funding
Jaipur, India-based custom furniture startup Wooden Street on Tuesday (June 2) raised $3 million in a Series A funding round from the Indian Angel Network
200% increase in business cutting innovation spend during COVID-19
Research by innovation firm Rainmaking shows that businesses predicted 2020 revenues have fallen by almost half in just a month
PAYFORT launched #StartUpStayUp initiative to support startups in the UAE, Egypt & KSA
PAYFORT, an online payment gateway by Amazon earlier today announced the launch of its #StartUpStayUp initiative that aims to support
Denarii Cash and GCash join forces to help OFWs send money to their families without transactional charges
Philippines-based company GCash has recently announced a partnership with UAE's Denarii Cash to provide Overseas Filipino Workers (OFWs) the ability