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 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…
Hyderabad, February 16, 2024 – Incubez, the global pioneer in Over-The-Top (OTT) platforms dedicated to startups, proudly announced the successful launch of its groundbreaking platform on February 14th at T-Hub Hyderabad. The event witnessed an extraordinary gathering of over 300…
Financial Giants Clash: DMI and Aditya Birla Finance Vie for ZestMoney in the Midst of Fire Sale Speculations. Explore the high-stakes competition as these industry leaders compete in a bid for ZestMoney, unraveling the potential implications for the fintech landscape…
“Rapid Rise: BharatPe Achieves Nearly Three-Fold Revenue Growth in Fiscal Year 2023. Delve into the success story as the fintech giant demonstrates impressive financial performance, underscoring its pivotal role in reshaping India’s digital payment landscape and solidifying its position as…
Crackdown on Fraudulent Loan Apps; the Indian government takes a decisive step as it instructs digital platforms to refrain from carrying advertisements of deceptive loan apps. Explore the measures taken by the authorities to curb fraudulent practices and protect consumers…
Crisis in the Startup Landscape: Witness the sobering red reality as Indian startups grapple with challenges, leading to layoffs affecting over 28,000 employees in 2023. Delve into the dynamics shaping this downturn and its implications on the startup ecosystem, reflecting…