Electronics Mart India one of Indias fastest growing consumer durables and electronics retailers, is projected to see a hefty double-digit listing premium on October 17th after the first offering was subscribed 72 times over. Sources claimed that the listing premium is anticipated to be between 35-45 over the USD 0.72 issue price per share due to fair valuations, strong financials in a cutthroat business, and promising industry gr

Accel has reportedly completed a $2.6 million investment in Produze, an Indian company focused on helping local agri producers, for expanding footprint into international buyers. The investment marks the latest series of bets amidst ongoing efforts of investors and entrepreneurs to enhance efficiency and empower one of the largest agri producers in the world. Conventionally, farmers deliver their output to a farmer aggregator, who then dist

Sage, an online accounting and payroll software provider, has recently extended its partnership with Microsoft, a technology corporation. This initiative is in line with plans to integrate Microsoft Teams, Microsoft 365, and other Microsoft Business Products as embedded services in the Sage Digital Network and products. According to Steve Hare, Sage’s CEO, small- and medium-sized businesses are increasingly turning into digital busine

ZeroAvia has reportedly announced funds of USD 30 million from new investors NEOM, AENU, and Barclays Sustainable Impact Capital, along with International Airlines Group (IAG) adding to prior investment, bringing the value of the Series B round to USD 68 million. ZeroAvia considers three major airlines as key investors in the form of United Airlines, IAG, and Alaska Airlines. The latest investment will advance the company’s developmen

Property Monitor, a market leader in property valuation, real estate data intelligence, and provider of automation solutions has inked a strategic partnership with UAE’s leading expert in online mortgage brokerage Holo. The partnership is aimed at providing home finance customers with an instant and accurate valuation of the property they are looking to buy. The latest partnership marks an important milestone in the advancement of the dig

Audio streaming giant Spotify is reportedly set to acquire Heardle, a Wordle-inspired music recognition trivia game, for an undisclosed amount. The deal will enable Spotify to increase the app’s interactivity as the company invests in podcasts, livestreaming, and video to create different revenue channels. The announcement comes a month after CEO Daniel Ek quoted during the company’s investor day that the firm is emphasizing in-app

Carsales, an online marketplace in Australia, has recently announced a long-term podcast collaboration with LiSTNR, with the first of four new podcast series beginning this month. Known as ‘Watts Under the Bonnet: the EV (Electric Vehicle) Podcast’, the first collaboration would focus on topics related to electric vehicles as its interest continues to grow. Watts Under the Bonnet influences the carsales’ content strengths

Springbig, a SaaS-based marketing solutions provider, has reportedly entered an exclusive partnership with Kind+, a subscription-based platform for cannabis end consumers. This exclusive collaboration provides a distinct multi-faced platform that supports an at-scale subscribe-and-save offering in cannabis. The platform enables retailers to obtain recurring revenue whilst creating a condensed, high-value end consumer base. These consumers w

The Red Sea Development Co. has reportedly joined forces with Al Mutlaq Group subsidiary, Almutlaq Real Estate Investment Co. As a part of the $400 million joint venture agreement, both companies will together start developing the Jumeirah Red Sea, a 159-key luxury resort located on the Shura Island of The Red Sea, which is currently under construction and is scheduled to open in 2024. Mapped out as the first phase of development, the islan