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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 region this week, securing ......
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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-stage funding, the companies said ......
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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 focus on its ......
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Urban Company turns operationally profitable, set to cross Rs 1,000 crore revenue in FY25
Prosus-backed Urban Company, which provides homes services, said Wednesday it turned operationally profitable in the quarter ended June 30, 2024. Urban ......
Healthcare
Insurtech platform Acko acquires healthcare manager OneCare
General Atlantic-backed digital insurance provider Acko, on Wednesday said that it has acquired digital chronic care management company OneCare, as the ......
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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 ......
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Incuspaze, Unwelt.AI secure early-stage funding
Flexible workspace provider Incuspaze and HR technology platform Unwelt.AI announced early-stage funding on Monday. Incuspaze Flexible workspace provider Incuspaze raised $8 ......
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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 billion India media ......
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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 investment in an existing portfolio ......
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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-technology company imploded this year, ......