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India startups raise USD 3.9 bn in VC funding in early 2024: GlobalData re
Updated : 1 year, 8 months ago IST
This represents a year-on-year (YoY) increase of 1.7 per cent in the number of deals and 15.6 per cent rise in the total funding value compared to the same period in 2023
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India's current account turns surplus in Q4 2024, from deficit in Q3 2024:
Updated : 1 year, 8 months ago IST
This is a significant shift from the USD 8.7 billion deficit (1.0 per cent of GDP) reported in the third quarter, and a notable improvement compared to the USD 1.3 billion deficit (0.2 per cent of GDP) in the fourth quarter of the previous fiscal year.
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k-ID Closes USD 45 Million Series A from Andreessen Horowitz and Lightspee
Updated : 1 year, 8 months ago IST
Singapore, June 26: Today, k-ID, a first-of-its-kind global compliance engine that simplifies online safety and privacy management for game developers, parents, kids, and teens, announced a USD 45 million Series A funding round. Backed by some of the world's most sought-after investors, t
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"Africa 50" Fund joins "ITAF" and pledges to provide USD 100 million to sp
Updated : 1 year, 8 months ago IST
Today, the International Renewable Energy Agency (IRENA) signed a cooperation agreement with the Africa 50 Fund, an investor and asset manager in infrastructure projects across the African continent, to accelerate the deployment of renewable energy in Africa.
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Smile Train's Transformational Impact on Cleft Care Across India Highlight
Updated : 1 year, 8 months ago IST
New Delhi [India], June 25: Smile Train, the world's largest cleft-focused NGO, released an in-depth assessment report today showcasing the transformative impact of Smile Train's cleft care interventions across the country in a twenty-year period. Compiling data collected by consulting firm
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IBISA raises USD 3 million to scale parametric insurance solutions, streng
Updated : 1 year, 8 months ago IST
Luxembourg City [Luxembourg], June 25: IBISA, a Climate Insurtech company, has closed a USD 3 million funding round to scale its parametric insurance solutions for weather-related risks in Asia and Africa. The round was led by The Acumen Resilient Agriculture Fund (ARAF) and Equator, alongsi
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India's IT services market surges by 6.6 pc in 2023 amid enterprise focus
Updated : 1 year, 8 months ago IST
Valued at USD 14.5 billion, the market saw a year-over-year (YoY) growth rate of 6.1 percent, slightly down from 7.4 percent in 2022.
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USD 6 bn investment on AI by 2027 to transform India: IDC
Updated : 1 year, 8 months ago IST
The IDC's forecast highlights a global trend where AI spending is anticipated to surpass USD 512 billion by 2027, more than doubling its market size from 2024.
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From deficit to surplus, India's current account registers a surplus of US
Updated : 1 year, 8 months ago IST
India's current account balance registered a surplus of USD 5.7 billion, equivalent to 0.6 per cent of GDP, in the fourth quarter of the financial year 2023-24, highlighted data from RBI.
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UAE contributes USD 25 million to UN World Food Programme for Humanitarian
Updated : 1 year, 9 months ago IST
The United Arab Emirates has signed an agreement with the UN World Food Programme (WFP) to provide emergency food assistance to populations affected by the crisis in Sudan and South Sudan.
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UAE contributes USD 25 million to UN World Food Programme for Humanitarian
Updated : 1 year, 9 months ago IST
The United Arab Emirates has signed an agreement with the UN World Food Programme (WFP) to provide emergency food assistance to populations affected by the crisis in Sudan and South Sudan.
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Fintech sector will dominate future Unicorns at USD 58 bn: Hurun report
Updated : 1 year, 9 months ago IST
The total worth of India's future unicorns will stand at USD 58 billion, an increase of 1.2 per cent as compared to last year. Fintech sector leads with the highest number of companies that can become Unicorns in future.
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