RECENT ARTICLES

India
Garuda Aerospace Signs MoU with Micron Instruments to Boost India’s Defence Drone Capabilities

IPO-bound drone startup Garuda Aerospace has signed a Memorandum of Understanding (MoU) with Micron Instruments Pvt. Ltd., an Indian company that manufactures precision fuzes, defence ammunition systems, and other key military components. Under the partnership, the two companies will work together to develop advanced defence technologies in India. Their collaboration will include product distribution, joint […]

July 3, 2026
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India
PlayBlue Raises $2.7 Mn in Seed Round led by Centre Court Capital

Sports retail startup PlayBlue has raised US$2.7 million in a Seed funding round led by Centre Court Capital and MIXI Global, with participation from WEH Ventures. The company will use the funding to open its first flagship stores and launch its e-commerce platform, making its products available to customers across India. “India is moving from […]

July 3, 2026
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UAE
Whiteshield Secures $15 Mn Private Credit Funding from Ruya Partners

UAE-based AI company Whiteshield has secured US$15 million in private credit funding from Ruya Partners to support its growth. The funding will help the company expand its AI-powered sovereign intelligence platform, which is used by governments, multilateral organizations, and businesses to make better decisions. “My partners and I built Whiteshield to help governments translate ambition […]

July 3, 2026
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Hong Kong
Natixis CIB Appoints Luc Bernard as Chief Executive Officer

Natixis Corporate & Investment Banking (Natixis CIB) has appointed Luc Bernard as the Chief Executive Officer of Natixis Services in India. In his new role, Luc Bernard will report to Cécile de Sousa, Chief Operating Officer for Asia Pacific & Middle East at Natixis CIB, and Etienne Huret, Head of the Portugal and India Hubs […]

July 2, 2026
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India
Age Care Labs Raises $9 Mn in Series B1 Round

Age Care Labs, an Indian elder care platform that operates through its brands Emoha and Epoch Elder Care, has raised ₹85 crore (about US$9 million) in its Series B1 funding round. The Series B1 round is part of a larger Series B fundraising plan worth ₹250 crore (around $30 million), which is expected to begin […]

July 2, 2026
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RECENT ARTICLES

UAE
Maalexi Raises $2.8 Mn in oversubscribed Funding

UAE-based agri-fintech startup Maalexi has raised US$2.8 million in an oversubscribed funding round as it prepares for its upcoming Series A round. The funding round was led by Saudi-listed insurer Tawuniya, with additional investment from Global Ventures. “At Tawuniya, we back businesses that strengthen financial infrastructure and improve market resilience,” said Fahad Bin Muammar, chief […]

July 2, 2026
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India
BatX Energies Raises $11 Mn in Series A Round

Battery recycling and critical minerals recovery startup BatX Energies has raised ₹105 crore (around US$11 million) in a Series A funding round led by IvyCap Ventures. Existing investors, including Zephyr Peacock, Mankind Pharma Family Office, Excel Industries Family Office, and JITO, also participated in the funding round. Earlier, in December 2023, BatX Energies raised $5 […]

July 2, 2026
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Israel
ServiceNow Acquires Israeli AI Startup ai.work in Multi-Million Dollar Deal

American software company ServiceNow has acquired Israeli startup ai.work as part of its continued expansion in Israel. The deal is valued at tens of millions of dollars. Founded in 2024, ai.work develops an AI agent platform that helps businesses automate internal services and operational tasks. The startup has raised $10 million in funding so far. […]

July 2, 2026
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Saudi Arabia
Altea Partners Appoints Ahmad AlFarabi as Partner and Chief Growth Officer

Merchant banking firm Altea Partners has appointed Ahmad AlFarabi as its new Partner and Chief Growth Officer. He will be based in Riyadh as the company continues to expand its presence in Saudi Arabia. Before joining Altea Partners, Ahmad AlFarabi was the Head of Investment Solutions & Advisory at BSF Capital, where he helped build […]

July 2, 2026
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India
Instamart Appoints Former OYO Executive Gautam Swaroop as Chief Business Officer

Instamart, Swiggy’s quick commerce platform, has appointed former OYO executive Gautam Swaroop as its new Chief Business Officer (CBO). In his new role, Gautam will oversee Instamart’s commercial operations and help drive business growth. He will be responsible for customer growth, category management, brand partnerships, and expanding the company’s business. Gautam Swaroop has more than […]

July 2, 2026
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