EU approves Nvidia's $700 million acquisition of Israeli artificial intelligence company
The commission determined that the acquisition did not raise competition concerns, allowing the transaction to proceed.
MY's Catcha Digital acquires 60% stake in advertising company
This acquisition marks Catcha Digital’s entry into the field of automotive digital media.
Israeli financial technology company Justt receives US$30 million in Series C financing
The company aims to become profitable by 2027 and reduce its headcount from 200 to about 100 people.
Zomato-backed company appoints former Flipkart top executive as chief financial officer
Before joining Blinkit, Vipin Kapooria managed financial operations at Flipkart.
Israeli artificial intelligence company Decart received US$32 million in Series A financing
Decart’s Series A valuation is approximately US$500 million, a significant increase from the previous round.
Artificial Intelligence-driven space technology company signs UAE contract worth $510 million
The agreement extends Space42’s secure communications services beyond 2026.
Indian fintech company Curie Money raises $1.2 million in seed funding
Curie Money aims to fill a gap in the Indian market by combining higher mutual fund returns with banking and payment services.
Indian climate technology company raises $1 million in seed funding
The funding will be used to develop the company's climate risk management platform, Resilience360.
Israeli fintech company secures US$11 million in financing
The investment was led by The Garage, with participation from State of Mind Ventures, Anfield and Guy Gamzu.
US defense technology company launches new artificial intelligence subsidiary
The subsidiary will promote the adoption of artificial intelligence in the U.S. defense sector and other industries requiring high-assurance systems.
Chinese self-driving truck company faces board dispute
Relations with the company have become increasingly tense since co-founder Hou Xiaodi was ousted as CEO in 2022.
Israeli medical technology company raises $8.3 million in seed funding
The round was led by Awz Ventures and also received support from AstraZeneca, Pfizer and funding from the Israel Innovation Authority.
Indian artificial intelligence lending company Aye Finance to raise $174 million through IPO
The IPO aims to raise up to $174 million.
Indian fintech company Infinity raises $1.9 million in equity financing
Founded in 2023, Infinity helps companies manage cross-border sales.
Singaporean robotics company raises US$10.5 million in Series A funding
The funds will be used to enhance its main products, the Eureka controller and the Eureka 3D camera.
Indian fintech company Super.money appoints former Flipkart executive as technology officer
Kaushik Mukherjee has over 20 years of experience and has held roles at Flipkart, Ola, Udaan and Yahoo.
Indonesian fintech company AwanTunai raises US$60 million in debt financing
This round of financing was led by Accial Capital and received donations from multiple investors.
ID Logistics Company Pushes Price Floor
In this week's The Checkout, we discuss whether the price floor required by Indonesia's 3PL industry is reasonable, and Flipkart's upcoming IPO in India.
Fortinet acquires Israeli cybersecurity company
The acquisition is part of Fortinet's plan to expand its cybersecurity services.
Tinder parent company lowers fourth-quarter revenue forecast
The company sees foreign exchange fluctuations as a key factor.
Abu Dhabi fintech company secures US$500 million in asset-backed financing
Quantix previously received a financial company license from the Central Bank of the United Arab Emirates this year.
Coworking company Innov8's profits soar to $7.44 million
The company cites its asset-light model and strategic location in metro areas as key factors.
Google invests $800 million in clean energy company Intersect Power
The tech giant is also partnering with Intersect and TPG Rise Climate to create industrial parks.
Hong Kong logistics technology company raises additional US$3.5 million
The funding, led by MindWorks Capital, will help Jumppoint expand its artificial intelligence-powered logistics platform and regional network.