EFishery staff member refutes whole business dedicates scams
“When it involves monetary concerns, a lot of groups are not also associated with deals,” states its item supervisor.
Paytm moms and dad firm tightens Q3 losses to $24m
The firm’s thorough operating earnings dropped by 36% year-on-year, yet boosted by 10% month-on-month.
Zepto moms and dad firm ends up being Indian entity in advance of IPO
The change streamlines Zepto’s procedures, cuts expenses and abide by Indian regulative needs.
Meta’s head of civil liberties to leave firm
Meta’s civil liberties group has actually expanded to 13 participants in 2023 because its beginning in 2021.
Chinese EV firm Neta introduces 2 designs in Singapore
Netta executive police officer Sunlight Guang kept in mind Singapore’s value as a vital center in Southeast Asia’s financial and transport networks.
Lucid ended up being initial automobile business in ‘Made in Saudi’ program
As a program participant, Lucid Motors can utilize the “Made in Saudi” tag on its items.
Dutch semiconductor firm NXP sees development possibility in India
India is concentrated on reinforcing its semiconductor market, intending to get to a market price of $63 billion by 2026.
Zepto’s VP of central operations leaves company
Jitendra Bagga joined the company in April 2024 and is responsible for managing the parent hub and warehousing trunk transportation projects.
Chinese artificial intelligence company DeepSeek launches model beyond GPT-4
DeepSeek V3 has 671 billion parameters and uses 14.8 trillion tokens for training. It was developed in two months and cost $5.5 million.
Indian cloud kitchen company reduces losses, revenue grows 53%
Curefoods operates more than 200 cloud kitchens and offline stores in 15 cities in India.
IndiQube, a shared office company planning an initial public offering, will see its losses expand 72% in fiscal year 2024
Despite this, IndiQube's operating income grew 44% in fiscal 2024, reaching $101.8 million.
Indian B2B e-commerce company revenue drops 49%, reduces losses
Revenue fell, and net loss fell 42% to $42.3 million.
Israeli company Liangda closes $80 million deal amid challenges
The agreement comes as Innoviz faces cash flow challenges.
Acquires Israeli maritime analytics company Windward for $270 million
The acquisition will result in Windward's delisting from the stock exchange and nearly doubling its IPO valuation.
Israeli artificial intelligence drone company wins $8.8 million Pentagon contract
The precision strike system is the first drone approved by the Pentagon for indoor and outdoor deployment.
Indian semiconductor company Mindgrove receives US$8 million in Series A financing
Mindgrove also received $1.8 million under the Indian government's Design-Linked Incentive (DLI) program to support chip development.
Shares of India's FirstCry parent company fell nearly 5%
As of now, Brainbees Solutions' market valuation is 31,711.77 billion rupees (approximately US$37.27 billion).
Ola Group's AI company offers free cloud credits to students
Krutrim's plan provides cloud credits to IIT students and faculty using official emails.
US blacklists Chinese company Sophgo for supplying chips to Huawei
The United States blacklisted Sophgo for helping Huawei use unauthorized artificial intelligence chips from TSMC.
Israeli video technology company reportedly considering sale or merger
Kaltura's expected transaction value is between $400 million and $500 million.
Israeli robotics company BionicHive files for liquidation
The company owes investors 65 million shekels (about $17.8 million) and employees 70,000 shekels (about $19,200)
Israeli fintech company acquired by Italian company for $150 million
Morning was originally founded in 2011 as “Green Invoice”.
Saudi Arabian artificial intelligence infrastructure company OmniOps receives $8 million in financing
The funding round was led by GMS Capital Ventures and will be used to expand operations and improve the country’s R&D and artificial intelligence infrastructure.
Australian electric vehicle charging company raises US$45 million in net financing
The round was led by Mirova, with support from Clean Energy Finance, RACV and Kilara Capital.