Saudi-Backed Scopely Buys $1B Stake in Turkish Studio Loom Games
Scopely acquires a majority stake in Istanbul-based Loom Games, developer of the hit game Pixel Flow!, in a deal valuing the studio at over $1 billion.
Hadia Seema
Hadia Seema is a journalist covering entrepreneurship, innovation, and business developments across the startup ecosystem. She holds a Bachelor of Arts in English Literature from the University of Delhi. Her work makes complex corporate and market developments accessible, highlighting emerging startup trends, founder journeys, and innovation across India, MENA, and beyond.
Saudi AI Firm HUMAIN Acquires Significant Minority Stake in Elon Musk’s xAI in $3B Series E
Saudi Arabia’s HUMAIN has taken a major minority position in Elon Musk’s xAI, contributing $3 billion to the company’s Series E round ahead of its SpaceX merger.
Amazon MX Player launches on Whale TV platform in India
The integration enables Whale TV smart-TV users in India to access Amazon MX Player’s free catalogue of originals, films and international shows directly through their television interface.
Dubai ports chief Sultan Ahmed Bin Sulayem resigns after being named in Epstein files
U.S. Justice Department disclosures linking the DP World leader to Jeffrey Epstein trigger leadership change at the Dubai government-owned global ports operator.
How to Register a Startup in India – 2026 Step-by-Step Guide for First-Time Founders
The complete legal roadmap covering company registration, Startup recognition, GST setup, and founder compliance checklist
InvestSky raises $4M seed funding, expands into Saudi Arabia
MENA-based social trading platform enters Saudi market after securing Capital Market Authority approval, announces strategic partnership with anb Capital, and confirms $4 million seed round bringing total funding to $7.4 million.
AI-enabled NDT robotics startup Octobotics raises ₹10 crore in Seed funding
Funding led by Navam Capital will support product development, certifications and international expansion across India, Singapore and the Middle East.
Amit Shah launches Bharat Taxi platform in Delhi-NCR, Gujarat
India’s first cooperative-based ride-hailing platform begins operations after pilot phase, positioning itself as a driver-owned alternative to private aggregators.
Adobe reverses shutdown plan for Animate, shifts software to maintenance mode
Adobe says Adobe Animate will remain available for new and existing users with no end date, confirming the software will continue in maintenance mode with security updates and bug fixes but no new features.
Adobe Animate is shutting down next month after 25 years
Adobe confirms end-of-life for its 2D animation software, with phased access for existing users and extended timelines for enterprise customers.
Vennre raises $9.6M Pre-Series A to expand private market access in MENA
MENA-focused wealth platform Vennre secures hybrid equity-debt funding round co-led by Vision Ventures and anb seed Fund, with participation from regional and global investors.
Tamannaah Bhatia Launches Fine Jewellery Brand, Enters Entrepreneurship
The actor said the venture reflects her long-standing connection with jewellery and a desire to build longevity beyond acting.