Google establishes COVID-19 fund to offer work flexibility to employees against Coronavirus
Google's parent Alphabet Inc last week issued a memo offering work-from-home to employees in Washington. When Coronavirus cases jumped to 647 in the US...
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.
India’s OTT behemoth Hotstar joins forces with Disney to offer Disney Plus content in India
India's OTT giant Hotstar owned by Star Network from today (11 March 2020) started streaming Disney Plus content...
Dubai International Financial Centre (DIFC) Reports Record Growth in 2019
Dubai International Financial Centre (DIFC), the leading international financial hub in the Middle East, Africa and South Asia (MEASA) region, announced a record growth in 2019.
Koovs – India’s fashion e-commerce player lays off 50 percent employees
Koovs has derailed 140 employees which is about of half of its employee base, as reported by a number of publications last week.
Breadfast – Egyptian grocery delivery platform raised seven figures
Headquartered in Cairo, Egypt, Breadfast is a fresh bread and grocery delivery platform that yesterday raised seven figures
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.
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.