OYO to restore full salaries for employees in India and South Asia
India's hospitality unicorn OYO in a recent statement has revealed that the company will reverse the pay cuts for its employees
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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.
Gurugram’s used-car marketplace Spinny acquires Truebil
Gurugram, Haryana-based used car marketplace Spinny has reportedly acquired Truebil, another used-car marketplace from Mumbai
Tanzania’s SSC Capital teams up with Halal Angels Network to tap African market
Halal Angels Network is among the first to penetrate the $5 trillion Halal consumer market has teamed up SSC Capital of Tanzania
DIFC Academy and LexisNexis MENA to launch two new technology initiatives
The DIFC Academy and LexisNexis MENA are strengthening their strategic partnership with two new initiatives
Buzzy247 – UAE’s e-commerce ecosystem to launch B2B & B2C marketplace for SMEs in Dubai
Buzzy247, omnichannel e-commerce marketplace that connects existing local merchants and customers, is set to officially launch in August
Denarii Cash signs strategic partnerships in 11 countries to offer digital money transfer services
Dubai's Denarii Cash, a mobile money transfer app for expatriates in the UAE, has recently announced strategic partnerships 11 countries.
ShareChat denies reports around its $40 Mn funding
ShareChat has denied all reports regarding its $200 million fundraising from existing backers to scale its new TikTok-like video offering Moj.
Lebanon’s Lemonade Fashion closes a pre-seed funding round
Lemonade Fashion, an online marketplace for made-to-order designers apparel, received pre-seed investment from Draper University Ventures in San Francisco.
Saudi’s Hazen.ai launches AI-powered software to improve road safety
Hazen.ai, a Saudi Arabia-based startup last week announced the launch of its AI-powered software that aims to improve road safety.
Iraq’s Lezzoo raises 7-figure seed funding
Iraq's Lezzoo, a delivery & e-payment platform last week raised 7-figure seed funding from Northern Gulf Partners and Pay It Forward Venture Capital.
PayBy partners with LuLu to provide contactless & secure payment options
UAE's PayBy has reportedly partnered with LuLu Group, and launched contactless payment options across LuLu's 60 hypermarkets and stores in the UAE.
SEAF announces ASMA Invest, a new investor to support startups and innovation in Morocco
SEAF Morocco Growth Fund (SMGF) welcomes ASMA Invest as a new investor to support innovation and startups across Morocco.