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MENA Digest: Pathfinder leads funding this week; Saudi's OTO gets another VC onboard

TMT

26 July, 2024

MENA Digest: Pathfinder leads funding this week; Saudi's OTO gets another VC onboard

UAE-based retail technology solutions provider Pathfinder led funding activity in the Middle East and North Africa ......

Charcoal Eats, Toonsutra, Mayhem Studios, TechEagle grab funding cheques

TMT

26 July, 2024

Charcoal Eats, Toonsutra, Mayhem Studios, TechEagle grab funding cheques

Quick-service restaurant brand Charcoal Eats, webtoon app Toonsutra, Mayhem Studios and TechEagle have raked in early-......

SoftBank-backed Ola Electric suspends car project to focus on scooters, bikes

TMT

25 July, 2024

SoftBank-backed Ola Electric suspends car project to focus on scooters, bikes

India's IPO-bound Ola Electric has suspended its electric car launch plans as the Softbank-backed company wants to ......

Urban Company Becomes Profitable, Set to Cross Rs 1,000 Cr Revenue in FY25

TMT

24 July, 2024

Urban Company Becomes Profitable, Set to Cross Rs 1,000 Cr Revenue in FY25

Prosus-backed Urban Company, which provides homes services, said Wednesday it turned operationally profitable in the ......

Insurtech platform Acko acquires healthcare manager OneCare

Healthcare

24 July, 2024

Insurtech platform Acko acquires healthcare manager OneCare

General Atlantic-backed digital insurance provider Acko, on Wednesday said that it has acquired digital chronic care ......

Budget 2024: Govt to set up VC fund for space sector

TMT

23 July, 2024

Budget 2024: Govt to set up VC fund for space sector

The Indian government plans to set up a venture capital fund with a corpus of Rs 1,000 crore (about $120 ......

Incuspaze, Unwelt.AI secure early-stage funding

TMT

22 July, 2024

Incuspaze, Unwelt.AI secure early-stage funding

Flexible workspace provider Incuspaze and HR technology platform Unwelt.AI announced early-stage funding on Monday......

CCI sends 100 antitrust queries for Reliance, Disney $8.5 bn merger

TMT

22 July, 2024

CCI sends 100 antitrust queries for Reliance, Disney $8.5 bn merger

India's antitrust body has asked Reliance Industries and Walt Disney around 100 questions linked to their $8.5 ......

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Jordan's ISSF raises LP-style bet on early-stage VC fund

TMT

22 July, 2024

Jordan's ISSF raises LP-style bet on early-stage VC fund

Jordan’s Innovative Startups and Small and Medium Enterprises Fund (ISSF) made a limited partner-style follow-on ......

Byju's founder Raveendran faces reckoning as startup implodes

TMT

22 July, 2024

Byju's founder Raveendran faces reckoning as startup implodes

Byju Raveendran, an Indian mathematics whiz who soared from teacher to startup billionaire before his education-......

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