Tag: News

Zupee acquires Australian AI startup Nucanon to expand into interactive storytelling

Synopsis According to a company statement, the acquisition will help Zupee accelerate its vision of building the world's most advanced platform for interactive story entertainment....

UAE: How AI is driving cleaner, more efficient access to energy worldwide

US Secretary of Interior Douglas Burgum said regulatory bottlenecks were among the biggest obstacles to building data centres and upgrading power grids Artificial intelligence (AI) has...

Saudi startups surge ahead with bold deals, fresh capital

Funding across key sectors includes AI, logistics, fintech, and HR technology RIYADH: Saudi Arabia led this week’s startup activity, with a surge of venture deals, strategic...

Saudi Arabia to host 100 startups in Entrepreneurship World Cup finals

RIYADH: Some 100 startups from 46 countries have officially qualified for the finals of the Entrepreneurship World Cup 2025, set to be held in the Saudi...

Saudi Arabia to unveil $2bn in SME initiatives at Biban 2025  

RIYADH: Saudi Arabia’s Small and Medium Enterprises General Authority will unveil $2 billion in initiatives and agreements across technology, tourism, entertainment, education, and financial...

Go Digit Q2 net profit rises 31% on higher premium growth

Synopsis Motor insurance continued to be the company’s largest segment, followed by health, fire, corporate, marine, and other lines of business. Claims paid during the...

Blume Ventures logs initial close of fifth fund at $175 million

Synopsis Blume Ventures has achieved an initial close of $175 million for its latest investment vehicle, Fund V, which targets a total corpus of $250-275...

SBI Mutual Fund buys Rs 100-crore worth Lenskart stake at $7.7 billion valuation

Synopsis SBI Mutual Fund has invested Rs 100 crore in Lenskart. This investment values the eyewear retailer at Rs 67,762 crore. Lenskart is preparing for...

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Info Edge commits Rs 250 crore to new B8 Fund I to back growth-stage tech startups in India

Info Edge has approved a commitment of up to...

Scoop confirmed: AI platform MeltPlan raises $10 million to make construction boring

MeltPlan, a pre-construction AI platform, today said it has...

Indian agentic AI startup Gushwork raises $9 million to expand engineering teams

Gushwork, an agentic AI startup raised a $9 million...

Nvidia forecasts upbeat sales on AI chip demand, talks up long-term prospects 

SAN FRANCISCO: Chipmaker Nvidia forecast first-quarter revenue above market estimates...

IIT Madras alumnus-founded deeptech startup Tattvam AI raises $1.7 million in funding

Tattvam AI, a deeptech startup building AI systems to...