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Riyadh/Bengaluru, July 2025 — Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global technology services and consulting company driven by AI-powered innovation, has announced a significant multi-year strategic contract from Saudi Electric Company’s National Grid SA. As part of the agreement, Wipro will implement a state-of-the-art Smart Meter Data Management (MDM) system for … Read more
July 2025 | Kerala, India — Netrasemi, a fast-growing semiconductor technology startup based in Kerala, has raised ₹107 crore in a Series A funding round. The investment was led by Zoho Corporation Ltd and Unicorn India Ventures, marking a pivotal milestone in India’s deep-tech and semiconductor ecosystem. Founded in 2020 by Jyothis Indirabhai, Sreejith Varma, … Read more
Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has released its latest report on the decentralized finance (DeFi) ecosystem. The report outlines a major shift in the sector, with real-world assets (RWA) and decentralized exchanges (DEXs) emerging as the primary growth drivers in 2025. Unlike the speculative DeFi Summer of 2020, the current wave … Read more
Hyperscale Data, Inc. (NYSE American: GPUS), a diversified holding company, today announced that its indirect majority owned subsidiary BitNile.com, Inc. has unveiled a comprehensive strategic roadmap for its native utility token $NILE coin (“$NILE“). $NILE (Solana Token: 7evZ2P7uyerbqtVMjvFav4Gr4KnmPtYEGALJoRKVpgFz) was launched by BitNile on the Solana blockchain, one of the fastest and most scalable Layer 1 blockchains available. According to … Read more
Global payment service provider Payop has announced a strategic partnership with Dragonpay, a leading Philippine-based payment platform, in a bid to simplify and expand digital payment accessibility across Southeast Asia. The collaboration aims to bridge the gap between global merchants and Filipino consumers by integrating localized and diversified payment solutions. Driving Financial Inclusion in a … Read more
Dubai, UAE – Takeda, a global biopharmaceutical leader focused on research and development, has appointed Hernán Porcile as the new Area Head for the Eurasia, Middle East, and Africa (EAMEA) region. Formerly the General Manager of Takeda Mexico, Porcile officially assumed the role on July 1, 2025, and is now based in Dubai, UAE. Porcile’s … Read more
Abu Dhabi-based Space42, a prominent AI-driven space technology company, has secured a $695.5 million Export Credit Agency (ECA)-backed financing facility to advance the development of its next-generation geostationary satellites — Al Yah 4 and Al Yah 5. Backed by leading entities including Mubadala, G42, and the International Holding Company (IHC), Space42 announced that the financing … Read more
Dubai, UAE, July 2025 – In a bold move to reinforce its executive leadership, Global Hotel Alliance (GHA), the world’s largest alliance of independent hotel brands headquartered in the UAE, has announced three significant leadership appointments. All three roles have been entrusted to accomplished women leaders, reaffirming GHA’s ongoing commitment to diversity and female representation … Read more
Gupshup, a global leader in Conversational AI, has successfully raised over $60 million in a strategic funding round comprising both equity and debt financing, led by Globespan Capital Partners and EvolutionX Debt Capital. This latest capital infusion will drive Gupshup’s expansion plans across fast-growing international markets such as India, the Middle East, Latin America, and … Read more
Riyadh, Saudi Arabia – Saudi Arabia’s venture capital landscape reached unprecedented heights in the first half of 2025, with a total VC investment of $860 million (SAR 3.2 billion) — a 116% increase compared to H1 2024, according to the newly released “H1 2025 Saudi Arabia Venture Capital Report” by MAGNiTT, in collaboration with Saudi … Read more
Dubai, UAE – Journify, a UAE-based AI-powered data activation platform, is redefining how brands across the GCC region leverage first-party data to drive measurable marketing outcomes. With an impressive 5x revenue growth and a doubled company valuation within just six months, Journify is rapidly expanding operations in Saudi Arabia, the UAE, and across the Gulf, … Read more
Dubai | July 2025 — Mashreq, a prominent financial institution in the MENA region, has announced the appointment of Xi Liang as its new Head of Artificial Intelligence. With this strategic leadership addition, the bank aims to accelerate its artificial intelligence initiatives, focusing on enhanced customer experiences, operational efficiencies, and long-term innovation. A Visionary AI … Read more
Jeddah, Saudi Arabia – July, 2025: In a strategic move to bolster Saudi Arabia’s digital and creative economy, Savvy Games Group, the Kingdom’s national champion for games and esports, has signed a Memorandum of Understanding (MoU) with King Abdulaziz University (KAU). This landmark partnership aims to introduce two specialized diploma programs in Games Production and … Read more
Knot.dating, India’s AI-powered matrimonial platform designed for the top 1%, is making headlines with its latest move—requiring male members to have a minimum annual income of ₹50 lakh. This bold criterion is part of the platform’s strategy to ensure quality matches and deliver a high-trust experience for serious relationship seekers. Unlike traditional dating and matchmaking … Read more
India has witnessed a sharp 140% surge in cybercrime cases over the past five years, according to the latest data released by the Ministry of Home Affairs. Citing figures from the National Crime Records Bureau (NCRB), the ministry revealed that the number of registered cybercrime incidents has jumped from 27,248 cases in 2018 to 65,893 … Read more
Cooler Heads, a trailblazing medical device company, has successfully closed an oversubscribed $11 million Series A funding round to accelerate the manufacturing and commercial rollout of Amma™, the first and only FDA-cleared Portable Scalp Cooling System designed to reduce chemotherapy-induced hair loss. Amma™ offers a groundbreaking solution to one of the most distressing side effects … Read more
