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SoftBank-backed Cars24 aims to turn a corner in UAE, to weigh Saudi re-entry

TMT

12 September, 2023

SoftBank-backed Cars24 aims to turn a corner in UAE, to weigh Saudi re-entry

Indian used-car online retailer Cars24 aims to turn its UAE operations profitable by the second half of 2024 and then ......

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Exclusive: PE-backed Africa, India BPO iSon Xperiences roping in another investor

TMT

08 September, 2023

Exclusive: PE-backed Africa, India BPO iSon Xperiences roping in another investor

Business process outsourcing (BPO) company iSon Xperiences, which operates across Africa, the UAE and India, is roping in an Africa-based ......

Gulf Digest: FlyAkeed, Maxbyte get Series A funding; CoinDCX backs BitOasis

TMT

25 August, 2023

Gulf Digest: FlyAkeed, Maxbyte get Series A funding; CoinDCX backs BitOasis

Saudi Arabian travel-tech platform Flyakeed and the UAE-based robotics solutions provider Maxbyte secured Series A capital this week while crypto ......

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After scaling BookMyShow and Lenskart in the Gulf, what's Sudhir Syal up to now?

People

16 August, 2023

After scaling BookMyShow and Lenskart in the Gulf, what's Sudhir Syal up to now?

Sudhir Syal has promoted Irish band Westlife’s concert in Dubai and sold premium eyewear to the Arabs. He will soon ......

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Why Indian crypto entrepreneurs are flocking to the UAE

TMT

04 August, 2023

Why Indian crypto entrepreneurs are flocking to the UAE

Last year, investment platform Pyse Fintech Pvt. Ltd added a layer of cryptocurrency and blockchain to its model. That move ......

Gulf Digest: WellX, DESAISIV snag funding; HyperPay buys Sanad Cash

TMT

28 July, 2023

Gulf Digest: WellX, DESAISIV snag funding; HyperPay buys Sanad Cash

Insurance-tech startups WellX and DESAISIV led funding activity in the Middle East region this week while Saudi Arabian blockchain startup ......

Gulf Digest: Tenderd, GetOutfit, YallaHub, Growdash raise early-stage funding

TMT

21 July, 2023

Gulf Digest: Tenderd, GetOutfit, YallaHub, Growdash raise early-stage funding

Funding activity in the Middle East accelerated in the third week of July, led mostly by the UAE-based startups such ......

Gulf Digest: Kaso, Alma Health, Revibe get funding; Agthia sets up VC arm

TMT

14 July, 2023

Gulf Digest: Kaso, Alma Health, Revibe get funding; Agthia sets up VC arm

Dealmaking accelerated in the Middle East region this week, led by a slew of fundraises by startups, besides an acquisition ......

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Planning India centre, eyeing 30% revenue growth after ZainTech deal: Adfolks' Mohan

TMT

13 July, 2023

Planning India centre, eyeing 30% revenue growth after ZainTech deal: Adfolks' Mohan

Indian-origin entrepreneur Arun Mohan sold his UAE-based cloud engineering services startup Adfolks to ZainTech, the digital services arm of Kuwaiti telecom giant Zain Group, in May ......

Gulf Digest: HR-tech firm Alfii gets pre-seed cheque; Nomu Group bags seed funding

TMT

07 July, 2023

Gulf Digest: HR-tech firm Alfii gets pre-seed cheque; Nomu Group bags seed funding

Funding activity in the Middle East picked up pace in the first week of July after a subdued last week, ......