UAE implements 100% foreign ownership for expat entrepreneurs, primarily Indians
Foreign business owners can own 100 percent of their businesses established in the UAE. The move leverages the skilled manpower of India.
India
Funding rounds, acquisitions, regulatory shifts, and major business developments from across the Indian startup and technology landscape.
Delhi High Court’s order on WhiteHat Jr vs Pradeep Poonia battle
Delhi High Court, on Monday granted an ad-interim injunction to WhiteHat Jr and its founder, Karan Bajaj - restraining Pradeep Poonia.
Bahrain’s Investcorp invests in Indian logistics startup Xpressbees
Bahrain's Investcorp, on Sunday announced that it has invested an undisclosed sum in the Series E round for Indian logistics company, Xpressbees
Education-focused NBFC, Eduvanz acquires edtech startup Klarity
Mumbai, India-based edtech-focused NBFC, Eduvanz on Thursday announced that it has acquired Klarity, a Mumbai-based edtech startup.
True Balance, fintech startup raises $28 Mn Series D funding
Gurugram and Korea-based mobile balance management service startup, True Balance, raised a whopping $28 million in Series D funding round.
Kitchens Centre, cloud kitchen startup raises funding from Village Global
Delhi's cloud kitchen startup, Kitchens Centre, on Thursday raised an undisclosed pre-Series A funding from Village Global.
FrontRow, Bengaluru’s edtech bags $3.2 Mn from Lightspeed, Elevation, and Deepika Padukone
Bengaluru's edtech FrontRow, on Wednesday, raised $3.2 million from Lightspeed, Elevation Capital, & Deepika Padukone.
Ministry of Information and broadcasting now regulates Netflix, Amazon Prime and other OTT players
Union Government, on Wednesday, said that it has brought all OTT platforms under the regulation of Ministry of Information and Broadcasting.
CityMall, Social e-commerce startup bags $3 Mn from Elevation Capital
Gurugram, India-based CityMall, a social e-commerce startup, on Tuesday raised $3 million seed funding led by Elevation Capital
South Indian actress Kajal Aggarwal picks 15% stake in OKIE Gaming
South Indian actress Kajal Aggarwal, on Monday, acquired a 15 percent stake in OKIE Gaming, a Mumbai-based gaming platform.
![[Exclusive] Kerala-based Officekit HR raises $1 Mn seed funding from California’s Expert DOJO](https://laffaz.com/wp-content/uploads/2020/11/kerala-officekit-hr-funding-expert-dojo-768x402.jpg)
[Exclusive] Kerala-based Officekit HR raises $1 Mn seed funding from California’s Expert DOJO
Kerala's Officekit HR, on Monday, in a statement to LAFFAZ said that the company has raised $1 million seed funding from California's Expert DOJO.
Ripple chooses Dubai International Financial Centre for Regional Headquarters
DIFC, on Saturday, announced that Ripple, the enterprise blockchain solution for global payments, has established its regional headquarters in the Centre.