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MENA Digest: Deal activity picks up with two big Series A funding

Finance

06 September, 2024

MENA Digest: Deal activity picks up with two big Series A funding

Fintech startups in the Middle East and North Africa region accelerated the dealmaking activity this week led by UAE’s Ziina ......

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Bottomline: CarDekho parent Girnar's revenue slips in FY24 but loss narrows too

TMT

06 September, 2024

Bottomline: CarDekho parent Girnar's revenue slips in FY24 but loss narrows too

Girnar Software Pvt. Ltd, which runs automobile marketplace CarDekho as well as several other internet classifieds platforms, reported a minor ......

The Hosteller, RecommerceX, LiaPlus AI, Nautical Wings bag early-stage funding

TMT

05 September, 2024

The Hosteller, RecommerceX, LiaPlus AI, Nautical Wings bag early-stage funding

Backpacker hostel chain The Hosteller, chemical recycling and sustainability startup RecommerceX, customer support solutions provider LiaPlus AI and electric propulsion ......

Rapido bags $200 mn in Series E funding, enters unicorn club

TMT

05 September, 2024

Rapido bags $200 mn in Series E funding, enters unicorn club

Ride-hailing platform Rapido on Thursday said it has raised $200 million in fresh funding as a part of its Series ......

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WestBridge-backed edtech firm Adda247's co-founder quits

People

05 September, 2024

WestBridge-backed edtech firm Adda247's co-founder quits

A co-founder of edtech startup Adda247, which is backed by private equity firm WestBridge Capital and tech giant Google, has ......

Swiggy beats Zomato in food delivery race but lags in quick commerce

TMT

04 September, 2024

Swiggy beats Zomato in food delivery race but lags in quick commerce

IPO-bound Swiggy’s consolidated revenue from operations increased nearly 36% to Rs 11,247 crore in the financial year ending March 2024, ......

Invest4Edu, others secure early-stage funding

TMT

04 September, 2024

Invest4Edu, others secure early-stage funding

Education planning startup Invest4Edu, 60-minute clothes delivery startup Slikk, sports-tech startup Spolto, crypto-native social networking platform 0xPPL, Valyx, a revenue ......

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DailyHunt parent Verse says on track to double revenue for current fiscal

TMT

03 September, 2024

DailyHunt parent Verse says on track to double revenue for current fiscal

Verse Innovation Pvt. Ltd, parent of the news aggregation platform DailyHunt, short-format video platform Josh, US-based subscription magazines company Magzter ......

Yatra acquires corporate travel player Globe Travels for $15 mn

TMT

03 September, 2024

Yatra acquires corporate travel player Globe Travels for $15 mn

Nasdaq-listed travel agency Yatra Online has agreed to acquire corporate travel services provider Globe Travels from forging company Ramkrishna Forgings ......

CarDekho backs fleet management services company Carrum

Infrastructure

03 September, 2024

CarDekho backs fleet management services company Carrum

Automobile marketplace CarDekho has invested an undisclosed amount in fleet management services company Carrum, founded by Revv's former co-founder Karan ......