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Saudi PIF-owned Savvy buys gaming firm for $4.9 bn; STV fund gets LP cheque

TMT

07 April, 2023

Saudi PIF-owned Savvy buys gaming firm for $4.9 bn; STV fund gets LP cheque

Funding activity in the Gulf region remained subdued in the first week of April with only a handful of companies ......

Abu Dhabi's ADQ, IHC tie up with General Atlantic on asset management

Finance

06 March, 2023

Abu Dhabi's ADQ, IHC tie up with General Atlantic on asset management

Abu Dhabi sovereign wealth fund ADQ and local conglomerate IHC said on Monday they plan to create a multi-asset class ......

NFT startup Artfi raises funding from a member of Sharjah's ruling family, others

TMT

26 July, 2022

NFT startup Artfi raises funding from a member of Sharjah's ruling family, others

Artfi, a non-fungible token (NFT) focused startup, on Tuesday said it has raised $3.26 million from a clutch of investors ......

Fintech unicorn CredAvenue rebrands as ‘Yubi'; eyes international expansion

TMT

22 June, 2022

Fintech unicorn CredAvenue rebrands as ‘Yubi'; eyes international expansion

Fintech debt marketplace, CredAvenue has rebranded itself as ‘Yubi’ with an aim to expand into international markets...

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Dailyhunt sets foot outside India, to launch operations in West Asia

TMT

21 June, 2022

Dailyhunt sets foot outside India, to launch operations in West Asia

VerSe Innovation Pvt. Ltd, flush from a massive $805 million capital raise in April, has marked its international entry with ......

Cashfree invests in UAE-based Telr; explores global expansion

TMT

30 November, 2021

Cashfree invests in UAE-based Telr; explores global expansion

Payments and banking solutions provider, Cashfree Payments has invested close to $15 million in the UAE and Saudi Arabia-based...

CE-Ventures leads $11 mn funding round for meat e-tailer Freshtohome

Consumer

27 May, 2019

CE-Ventures leads $11 mn funding round for meat e-tailer Freshtohome

Bengaluru-based online fish and meat seller Freshtohome Foods Pvt. Ltd has raised $11 million (Rs 76.4 crore at current exchange...

In charts: How the pecking order of top sources of gold smuggled into India changed

Finance

19 December, 2016

In charts: How the pecking order of top sources of gold smuggled into India changed

Between January 2012 and August 2013, India increased the import duty on gold five times—from a flat Rs 300 per ......

Kaya agrees to acquire 75% stake in two UAE skincare firms

Consumer

09 September, 2016

Kaya agrees to acquire 75% stake in two UAE skincare firms

Skincare firm Kaya Ltd said on Friday it has agreed to acquire a 75% stake in two dermatology centres based ......

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Dubai Future District Fund makes LP-style bet on US-based VC fund

Finance

25 May, 2026

Dubai Future District Fund makes LP-style bet on US-based VC fund

The Dubai Future District Fund (DFDF), the region’s first evergreen venture capital fund-of-funds, has made a limited ......

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