Curefit Lays off 800 employees, implements salary cuts & shuts down centres in India & UAE
Curefit has reportedly laid off over 800 employees across and shut down a number of gyms and centres across India and the UAE
Pradeep Singh
Former interim CTO at LAFFAZ. A full-stack developer, possessing 6+ years of experience in working closely with tech startups in India and UAE.
Instabug raises $5 Mn in Series A funding round from Accel
Headquartered in California, US, Instabug yesterday announced that it has raised a $5 million in a Series A round from Accel.
Aker Foods raises undisclosed funding from Mumbai Angels Network
Pune, India-based Aker Foods on April 28 announced that it has raised an undisclosed amount of funding from Mumbai Angels Network.
IIT Mandi Catalyst to disseminate INR 2 Cr among 9 selected startups
The first technology incubator in Himachal Pradesh, India, IIT Mandi Catalyst has recently selected 9 startups to disburse INR 2 crores
Lebanese music streaming platform Anghami pledges $3 Mn to support SMEs amid COVID-19
The leading music streaming platform of the Middle East, Anghami, revealed that it is running an initiative to support SMEs and artists amid the COVID-19 crisis.
Udaan lays off contractual employees amid COVID-19 – Offers one-month compensation & recommendation letter
India's B2B e-commerce startup unicorn has reportedly laid off several employees working on contractual basis with the company.
Itilite – Bengaluru-based SaaS startup raised $13 Mn from Greenoaks & Dubai’s Vy Capital
Bengaluru based software-as-a-service (SaaS) startup Itilite that focuses on business travel on April 18 raised $13 million from Greenoaks and Dubai's Vy Capital.
[Exclusive] LimeTray – offering 30% discount on its Online Delivery Solution for Restaurants in the Middle East amid COVID-19
LimeTray will waive-off the set-up fee and also provide 30 percent discount to the restaurants in all Middle East countries including UAE, Egypt, Saudi Arabia, Lebanon, Qatar, and Kuwait...
MENA’s regional OTT platform STARZPLAY signs long-term deal with Warner Bros.
Dubai, UAE headquartered OTT platform STARZPLAY today announced that it has entered into a long-term deal with Warner Bros.
ADIO invests $100 Mn in 4 companies to boost agritech ecosystem
Abu Dhabi Investment Office (Adio) has invested $100 million (Dh367m) to bring four agriculture technology companies to the emirate
Dubai-based fintech startup Mamo Pay raises $1.5 Mn from Global Founders Capital
UAE-based Mamo Pay, a peer-to-peer payments app on Tuesday (April 7) raised $1.5 million in a seed funding round led by Global Founders Capital
Zoho founder Sridhar Vembu contributes INR 25 Cr to PM-CARES Fund for COVID-19
The founder of India's software behemoth Zoho Corp, Sridhar Vembu has reportedly donated INR 24 crore to PM-CARES Fund for Coronavirus relief.
UAE-based agritech startup Pure Harvest raises $20.6 Mn $100 Mn commitment from Wafra
Wafra, which is Kuwait's national investment company today invested $20.6 million in a Series A round of Pure Harvest and has committed up to $100 million
Infosys Foundation commits INR 100 Cr for Covid-19 relief
Infosys Foundation, CSR arm of Infosys is deploying a total of INR 100 crore ($13.2 million) for Coronavirus relief
Salman Khan extends support to 25,000 daily-wage workers of the film industry
Bollywood superstar Salman Khan has gaged to support 25,000 daily-wage workers of the film industry amid the nationwide lockdown
