Careem invests $50 Mn in its new Super App as a part of COVID-19 revival plans
Dubai, UAE-based ride-hailing unicorn Careem has reportedly launched its Super App across 13 markets and invested $50 million in the same.
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UAE’s Al Tayer Group shuts down its e-tailer Nisnass
UAE-based Al Tayer Group has recently announced that its e-tailer Nisnass will close down its operations from July 16.
Airtel invests in edtech startup Lattu Media for 10% stake
The telecom major Bharti Airtel yesterday announced that it has invested an undisclosed amount in the Mumbai-based edtech startup Lattu Media
OkCredit raises INR 80 Cr funding from its parent entity
Haryana-based OKCredit last week announced that the company has raised INR 80 crore (around over $10 million) from its parent entity, OkTech Inc.
These Dubai-based gyms announce shutdown due to COVID-19
five Dubai-based gyms and fitness centres have permanently closed operations as COVID-19 including CrossFit GoldBox Dubai, Flywheel Dubai, Cult.Fit...
Tata Asset Management establishes a regional office in Dubai International Financial Centre
DIFC, leading international financial hub in the Middle East, Africa & South Asia (MEASA) region has welcomed Tata Asset Management Limited to the Centre.
Rizek – Abu Dhabi’s service marketplace raises $3.5 Mn funding
Rizek, Abu Dhabi-based service marketplace yesterday announced that the company has raised $3.5 million in a seed funding round
India’s TikTok rival Mitron app controversy & Pakistani connection myth
India's TikTok rival, the Mitron app has been making headlines since its launch and in the recent days, a controversy regarding the app's connection with Pakistan
Kris Gopalakrishnan – co-founder of Infosys and chairman of Axilor Ventures invests in Myelin Foundry
Bengaluru-based deep tech startup Myelin Foundry on Thursday announced that the company raised an undisclosded amount from Kris Gopalakrishnan
Piaggio India launches e-commerce platform for Vespa and Aprilia
The Indian arm of the Italian automobile manufacturer, Piaggio on June 10 announced that the company has launched an e-commerce store
Anil Valluri joins Google Cloud India as Senior Director
Google Cloud has reportedly appointed Anil Valluri as Senior Director for Google Cloud in India. The announcement came yesterday
Bengaluru-based HealthPlix raises $6 Mn in Series B round led by JSW Ventures
Bengaluru-based healthtech startup HealthPlix yesterday raised $6 million in a Series B round led by JSW Ventures with participation from existing investors