5 things to know about opening an NRI bank account
NRI accounts are quite different than ordinary bank accounts in India. They have higher restrictions and flags in place to prevent money laundering and other financial crimes.
Editorial Staff
The LAFFAZ Editorial Team produces, compiles, and reviews content across a wide range of subjects — from startups, founders, and business to technology, culture, and beyond. Articles under this byline are published collectively, covering curated guides, editorially managed content, and partner features.
Japan-Bound European & MENA startups navigate COVID-19
Startupbootcamp Scale Osaka have opened their applications for their second cycle, working to tackle the new challenges the world faces in its needs for...
Interact Labs – Egyptian hardware startup secures funding commitment of $60K via The Nest
Egypt-based Interact Labs received a commitment of around $60K from participating angels in the fourth episode of Jimmy Chu's The Nest.
Rsquare Technologies celebrates 10 years of innovation in Bahrain
Bahrain based software development company Rsquare Technologies has passed the 10 year mark in the Kingdom.
Groupe SEB India appoints ex-Reynolds country manager Ashish Kakkar as the CEO for India
Groupe SEB, a French small domestic appliance maker announced that the company has appointed Ashish Kakkar as the CEO for India operations.
Gurugram-based Intello Labs scoops $5.9 Mn from Saama Capital
Gurugram-based agritech startup, Intello Labs on Wednesday (May 13) raised $5.9 million in a Series A round led by the early-stage investor Saama Capital.
Telgani – KSA’s car-rental platform raises 6-figure investment
Saudi's car-rental platform Telgani, earlier this week raised a 6-figure sum in a seed funding round led by 500 Startups, Saudi Venture Capital Company, Impact46
Lumofy – Bahraini edtech startup offers free services to accelerate digital learning amid COVID-19
Bahrain-based edtech startup Lumofy has recently announced that the company will provide its suite of e-learning focused solutions for free
Delhi-based logistics startup Shiprocket raises $13 Mn funding from Tribe Capital
New-Delhi-based logistics aggregator Shiprocket has today raised $13 million in a Series C funding round led by the Silicon Valley-based Tribe Capital
Ratan Tata invests in the Maharashtra-based pharmaceutical startup Generic Aadhaar
Ratan Tata has reportedly invested an undisclosed amount in the pharmaceutical startup from Thane, Maharashtra, India, Generic Aadhaar.
Swiggy co-founder & CTO Rahul Jaimini quits the company to join Pesto Tech
Swiggy, on Thursday, May 7 announced that its co-founder & CTO Rahul Jaimini has quit the company to join a career accelerator startup Pesto Tech
Uber to lay off 3,700 employees – More cost-cutting measures coming soon
Uber in a filing with the Securities and Exchange Commission on Saturday, May 2 disclosed that it will lay off 3,700 employees