Saudi Arabia launches ‘Instant Visa’ for entrepreneurs through Qiwa portal
The ministry of Human Resources and Social Development on Monday introduced a scheme that will facilitate support to new businesses and entrepreneurs.
News
Latest developments in startups, business, and technology across India, MENA, North America, Europe, and global markets. Stay informed with breaking news, in-depth reporting, and expert analysis on entrepreneurship, innovation, and emerging trends.
YES Bank moratorium – crisis, impact on UPI transactions & startups
The Reserve Bank of India (RBI) on Thursday (5 March) imposed a moratorium on YES Bank capping the withdrawal limit to INR 50,000 per depositor till 3 April.
Leap Finance scoops $5.5 Mn in seed from Sequoia
Bengaluru, India-based Leap Finance, a fintech startup that offers loans to students, on Tuesday raised $5.5 in a seed funding round led by Sequoia.
Sleepy Owl – Coffee startup raises undisclosed amount from Rukam Capital
Delhi-based Sleepy Owl, a coffee brand yesterday announced that it has raised an undisclosed amount in a venture round from Rukam Capital
Aanaab – KSA’s edtech startup raises $1.5 Mn seed funding from Wamda and Nour Nouf
Jeddah, Saudi Arabia-based edtech startup Aanaab on Tuesday raised $1.5 million in a seed funding for expansion in new markets from Wamda and Nour Nouf...
[Big News] Supreme Court of India lifts cryptocurrency ban
The Supreme Court of India yesterday (4 March 2020) revoked the ban imposed by the RBI that restrains banks to permit cryptocurrency related payments...
[Breaking] Biogreen with TATA Motors develops world’s first biodegradable & compostable bubble wrap
Biogreen today told LAFFAZ that it has successfully developed world's first biodegradable & compostable bubble wrap in association with TATA Motors.
DIFC FinTech Hive triples in size to capitalise on exponential sector growth
DIFC FinTech Hive, the first and largest financial technology accelerator in the MEASA region, announces business and innovation space within the Centre.
JA Hotels & Resorts appoints Simarna Singh as the sustainability consultant
Dubai's hospitality group JA Hotels & Resorts on Monday (2 March) announced that it has appointed Simarna Singh as the sustainability consultant.
Waymo – Alphabet’s driving technology company scoops $2.25 Bn from Mubadala & others
Waymo, the autonomous driving technology company by Google's parent Alphabet on Monday made the announcement of its latest funding of $2.25 billion
iMile – Dubai’s last-mile delivery startup scoops $10 Mn from a China-based VC
Dubai-based last-mile delivery startup iMile on 1st January raised $10 million in a Pre-Series A funding round led by a China-based venture capital firm.
Neeman’s – Hyderabad-based sustainable shoe brand raises $1 Mn
Hyderabad-based sustainable shoe brand Neeman's on Monday (2 March) raised $1 million in Pre-Series A round led by Anicut Angel Fund.