Tag: News

Instamart profitability still a long way away, AOV ramp-up key to improve performance: Elara

Synopsis Elara Capital predicts Instamart, Swiggy's quick commerce arm, will achieve a contribution margin break-even by early fiscal year 2027, driven by increased average order...

Saudi Arabia raises $1.34bn through July sukuk issuance

RIYADH: Saudi Arabia’s National Debt Management Center raised SR5.02 billion ($1.34 billion) through its riyal-denominated sukuk issuance for July, marking a sharp 113.6 percent...

Insurtech startup Plum commits Rs 200 crore to expand healthcare vertical

Synopsis Plum has committed Rs 200 crore to expand its healthcare vertical beyond group insurance, focusing on preventive and digital health services. The startup will...

Closing Bell: Saudi main index slips to 11,294

Parallel market Nomu edged down by 119.05 points to close at 27,343.79 MSCI Tadawul Index declined by 0.35% to 1,449.23 RIYADH: Saudi Arabia’s Tadawul All Share...

From 66 to 4: Why Y Combinator is backing fewer Indian startups in 2024

Synopsis Y Combinator's selection of Indian startups has decreased significantly. This decline is attributed to factors like YC's US incorporation requirement and the rise of...

JSW Ventures targets Rs 450 crore for third fund amid rise in domestic venture capital

Synopsis JSW Ventures, the VC arm of JSW Group, is planning to raise Rs 400-450 crore for its third investment fund, targeting domestic investors. Following...

Biotech startups surged from 50 to 11,000 in one decade: Jitendra Singh

Synopsis Minister Jitendra Singh emphasized the importance of public understanding and participation in India's biotechnology mission, highlighting the goal of achieving a $300 billion bioeconomy...

Saudi Arabia’s National Development Fund secures $1.3bn in credit facilities to boost development projects

Deals designed to enhance funding for key development projects across the Kingdom Two agreements signed with Al-Rajhi Bank and Arab National Bank RIYADH: Saudi Arabia’s National...

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IN-SPACe picks Astrobase, SatSure and TM2SPACE as first recipients of Technology Adoption Fund

The Indian National Space Promotion and Authorisation Centre, on...

Abu Dhabi Customs showcases ‘Invisible Customs’ project at WCO workshop

At the invitation of the World Customs Organization (WCO),...

World Cup expected to be the biggest betting event in history

The Fifa Men's World Cup is set to be...

Bitcoin On Ethereum? Circle Launches cirBTC on ETH Targeting $9B WBTC Market

Bitcoin News: Circle has launched cirBTC, a 1:1 BTC-backed...

Emirati startup founders unveil AI-powered innovations at Hub71 Impact 2026

Emirati startup founders showcased AI-powered and advanced technology solutions...