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MakeMyTrip to acquire Cred-owned Happay's expense management business

TMT

18 November, 2024

MakeMyTrip to acquire Cred-owned Happay's expense management business

Nasdaq-listed online travel aggregator MakeMyTrip Monday said it has agreed to buy the expense management business from fintech unicorn Cred-owned ......

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VC firm MEVP marks second full exit from Fund II, DPI reaches 118%

TMT

18 November, 2024

VC firm MEVP marks second full exit from Fund II, DPI reaches 118%

Gulf-focused venture capital firm Middle East Venture Partners (MEVP), which invests in early and growth-stage tech startups and is currently ......

Vecmocon, Assure Clinics rake in early-stage cheques

Healthcare

18 November, 2024

Vecmocon, Assure Clinics rake in early-stage cheques

Vehicle intelligence company Vecmocon and healthcare services provider Assure Clinics have secured early-stage funding, companies said in a statement. Vecmocon Vecmocon, a ......

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Peak XV strikes a multi-bagger from legacy India portfolio

TMT

18 November, 2024

Peak XV strikes a multi-bagger from legacy India portfolio

Venture capital giant Peak XV Partners, which recently downsized its record $2.85 billion fund by a sixth citing a recalibrated approach ......

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MENA Digest: Lean Tech, UnifyApps lead funding activity; overall mop-up falls in Oct

TMT

18 November, 2024

MENA Digest: Lean Tech, UnifyApps lead funding activity; overall mop-up falls in Oct

Startup funding in the Middle East and North Africa region was led by at least a couple of high-value growth-stage ......

Airbound, Mushin Innovative Labs, OnePlay pocket funding cheques

TMT

14 November, 2024

Airbound, Mushin Innovative Labs, OnePlay pocket funding cheques

Drone technology startup Airbound, SaaS startup Mushin Innovative Labs and cloud gaming platform OnePlay have raised early-stage funding, the companies ......

Lightspeed-backed Physics Wallah names ex-Blinkit exec as first CFO

People

14 November, 2024

Lightspeed-backed Physics Wallah names ex-Blinkit exec as first CFO

Edtech unicorn Physics Wallah said Thursday it has named a former Blinkit executive as its chief finance officer (CFO), making ......

Speciale Invest, Antares Ventures co-lead The ePlane's $14 mn Series B round

TMT

14 November, 2024

Speciale Invest, Antares Ventures co-lead The ePlane's $14 mn Series B round

Flying taxi startup The ePlane Company Thursday said it has raised $14 million (Rs 118 crore) in a funding round, ......

Saudi wealth fund PIF raises $1 bn from STC stake sale

TMT

14 November, 2024

Saudi wealth fund PIF raises $1 bn from STC stake sale

Saudi Arabia's sovereign wealth fund PIF has raised 3.86 billion riyals ($1.03 billion) from selling a 2% stake in telecoms firm ......

Kunal Shah-backed Blox buys into real estate advisory firm Guardians

TMT

13 November, 2024

Kunal Shah-backed Blox buys into real estate advisory firm Guardians

Kunal Shah-backed proptech platform Blox, which provides tech-enabled homebuying experience, said Wednesday it is buying an 11% stake in Guardians, ......