Key Points Dubai Dominates Global FDI Rankings for Cultural and Creative Sectors in 2022 In 2022, Dubai took the top spot worldwide for attracting Foreign Direct Investment (FDI) in the cultural and creative industries, as detailed in the Dubai FDI…
Daily Indian Startup News and Funding Alert – 29 July 2024 Funding News D2C haircare brand Moxie Beauty raises Rs 17.3 Cr Moxie Beauty, a D2C haircare brand based in Gurugram, has raised Rs 17.3 crore ($2.1 million) in funding…
In a recent development, Honasa, the parent company of Mamearth, has been ordered by a UAE court to pay a hefty fine of INR 57 crore to its former distributor, RSM General Trading, for what the court deemed unlawful contract…
Key Points: Matel, a dynamic player in the electric vehicle (EV) component manufacturing sector, recently announced securing a significant $4 million in funding. Transition Venture Capital spearheaded this funding round, indicative of the growing investor interest in sustainable energy initiatives.…
Key Points In a significant stride towards bolstering India’s prowess in space technology, the IIT-M incubated startup GalaxEye has forged a collaboration with the Indian National Space Promotion and Authorization Centre (IN-SPACe) aimed at enhancing the country’s satellite capabilities. The…
Key Points Indian retailer FirstCry, renowned for its array of baby products like clothes, diapers, and toys, is reportedly withdrawing its application for a $500 million IPO due to regulatory scrutiny. The decision follows concerns raised by the Securities and…
Highlights: Perplexity AI, a startup pioneering artificial intelligence-driven search technology to rival Google, has achieved unicorn status after securing approximately $63 million in a recent funding round, catapulting its valuation to over $1 billion. Led by investor Daniel Gross, this…
Dedicated to fostering a dynamic community and platform tailored for startup enthusiasts and industry leaders, Global Startups Club aims to cultivate connections among individuals sharing a passion for innovation, entrepreneurship, and collaboration. Their mission revolves around showcasing ingenious concepts and…
Kedaara Capital Invests in Dairy Day: A Sweet Deal in the Ice Cream Industry In a significant move within the ice cream industry, Kedaara Capital has announced its maiden investment in Dairy Classic Ice Creams Private Limited (Dairy Day), a…
Engrail Therapeutics Raises $157M to Pioneer Neuroscientific Innovations, Engrail Therapeutics, has successfully raised $157 million in its Series B funding round. The funding was co-led by F-Prime Capital, Forbion, and Norwest Venture Partners, with participation from other notable investors including…