Entrepreneur News Network

BurjX Secures FSRA License from ADGM, Launches as Fully Regulated Digital Asset Platform in UAE

BurjX Omar Abbas Co-founder & CEO (right) - Adam Ferris Co-founder & Chairman (left)

Abu Dhabi, UAE, July 22, 2025 — UAE-born digital asset trading platform BurjX has officially received its Financial Services Permission (FSP) from the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM). With this regulatory approval, BurjX becomes one of the first homegrown platforms in the region authorized for both brokerage and … Read more

Qlub Secures $30 Million to Revolutionize Contactless Dining Globally

Qlub founders Eyad Alkassar and Mahmoud Fouz. Image Courtesy: Shorooq

Dubai, UAE – Qlub, a leading innovator in ultra-fast, contactless payment solutions for restaurants, has successfully raised $30 million in its latest funding round. Co-led by Shorooq Partners and Cherry Ventures, the round saw participation from strategic backers including e&, Mubadala Investments, and Legend Capital. This substantial funding milestone strengthens Qlub’s ambition to scale its … Read more

HCLSoftware Partners with Swiss Network in India to Advance Indo-Swiss Digital Innovation and GovTech Collaboration

New Delhi, India – HCLSoftware, the enterprise software division of HCLTech, has signed a strategic Memorandum of Understanding (MoU) with the Swiss Network in India, which includes the Embassy of Switzerland, the Swiss Business Hub India, and Swissnex in India. This MoU formalizes HCLSoftware’s participation in the Indo-Swiss Innovation Platform, a significant initiative established under … Read more

Sdui Group Secures Strategic Investment from Bain Capital to Accelerate European EdTech Expansion

Sdui Group Receives Strategic Investment

Koblenz, Germany / London: Sdui Group, a prominent European provider of cloud-based administrative software for K-12 schools, has announced a significant growth investment led by Bain Capital’s Tech Opportunities fund. Existing backers HV Capital and High-Tech Gründerfonds (HTGF) also participated in the round, reaffirming their confidence in Sdui’s long-term vision. The newly raised funds will … Read more

Middle East Sovereign Investors recalibrate strategies amid geopolitical uncertainty and market shifts

Josette Rizk, Head of Middle East and Africa at Invesco. Image Courtesy: Invesco

Political and policy decisions have become core drivers of investment strategy, prompting sovereign investors to fundamentally reassess portfolio construction and risk management, according to the thirteenth annual Invesco Global Sovereign Asset Management Study Geopolitical tensions (84%) remain the dominant short-term risks for sovereign wealth funds (SWFs) and central banks in the region, followed by a fallout … Read more

stc Bahrain Partners with Singapore Gulf Bank Bahrain to Deliver Advanced IT Infrastructure and Digital Banking Solutions

stcbahrain_singaporegulfbank

Bahrain – July 2025:stc Bahrain, a leading digital enabler in the Kingdom, has announced a strategic partnership with Singapore Gulf Bank (SGB) Bahrain to deploy cutting-edge IT infrastructure and services aimed at enhancing the bank’s operational efficiency and customer experience. This collaboration reinforces stc Bahrain’s commitment to supporting Bahrain’s Economic Vision 2030, which focuses on … Read more

CoinDCX Suffers $44 Million Cyberattack, Confirms No Customer Funds Affected

CoinDCX

Leading Indian cryptocurrency exchange CoinDCX has confirmed a cybersecurity breach resulting in the loss of approximately $44 million (INR 380 crore) from its internal treasury account. The breach, caused by a sophisticated server compromise, targeted one of the platform’s operational accounts used exclusively for liquidity provisioning on a partner exchange. According to CoinDCX cofounder Neeraj … Read more

LeadStory Raises $2.75M In Seed Funding

LeadStory

LeadStory, the on-demand personalized news streaming platform redefining how news is consumed, today announced $2.75M in Seed funding along with the launch of its revolutionary AI video search functionality. The round was led by Checker Media, founded by former VICE Media Global President Jesse Angelo and also included American Public Media Group’s Horizon Fund, along with follow-on investment from … Read more

GSSG Chikuden Launches with $400 Million Commitment from Vision Ridge Partners to Advance Japan’s Battery Storage Infrastructure

GSSG Chikuden, LLC (“GSSG Chikuden”), a new utility-scale battery energy storage developer focused on accelerating Japan’s clean energy transition, has officially launched operations with a landmark US$400 million commitment from Vision Ridge Partners, a global sustainable real assets investor. This strategic investment will support the development, construction, and operation of grid-scale battery energy storage systems … Read more

Dubai Unveils World’s First Icon-Based Human–Machine Collaboration Classification System

Dubai Unveils World’s First Icon-Based Human–Machine

In a landmark move to promote transparency in AI-assisted content creation, Dubai has launched the world’s first icon-based classification system to indicate the degree of collaboration between humans and machines in research, publications, and public-facing content. Spearheaded by the Dubai Future Foundation (DFF), the Human–Machine Collaboration (HMC) Icons introduce a new global benchmark for responsibly … Read more

Startup Policy Forum Launches CNPC to Support India’s Growing Pool of IPO-Ready Tech Companies

Startup Policy Forum Launches Centre for New-Age Public Companies (CNPC)

The Startup Policy Forum (SPF) — a collective of over 50+ leading new-age companies in India — has officially launched the Centre for New-Age Public Companies (CNPC), a pioneering initiative aimed at helping startups transition from private to public entities with resilience and regulatory confidence. The launch took place in Mumbai during a high-level delegation … Read more

Lovable Becomes AI Unicorn with $200 Million Series A Led by Accel in Less than 8 Months

Loavable

Swedish AI startup Lovable has officially joined the unicorn club, raising $200 million in a Series A funding round led by Accel, pushing its valuation to an impressive $1.8 billion — just eight months after launch. Lovable allows users to build websites and apps using natural language prompts, making software development accessible to non-coders and … Read more

PRYPCO Mint Surpasses AED 9 Million in Tokenized Real Estate Investments Within First Month of Launch

PRYPCO Mint, the MENA region’s first real estate tokenization platform and the world’s first to collaborate with a government entity—the Dubai Land Department (DLD)—to tokenize a property title deed, has achieved a landmark milestone. The platform has exceeded AED 9 million in tokenized real estate investments just one month after its official launch. Licensed by … Read more

Onetab.ai Secures Strategic Funding to Expand AI-Powered SDLC Solutions

Saket Dandotia, CEO and Co-Founder of Onetab.ai

Onetab.ai, one of India’s leading artificial intelligence startups focused on optimizing the Software Development Life Cycle (SDLC), has secured additional funding from Hyperscope Limited Fund and Singapore-based Elrise. This investment follows the company’s earlier $3.3 million seed round and highlights growing investor confidence in its AI-powered development tools. The fresh capital infusion will be used … Read more

TVM Capital Healthcare Secures $124M Series B for Baraya Extended Care to Address Saudi Arabia’s Growing Long-Term Care Needs

TVM Healthcare

TVM Capital Healthcare has successfully closed a Series B fundraising round, surpassing its target and raising $124 million for Baraya Extended Care, a leading provider of long-term care and rehabilitation services in Saudi Arabia. The funding marks a strategic milestone in advancing Saudi Arabia’s Vision 2030 and addressing a growing demand for specialized post-acute healthcare. … Read more

Rwazi Raises $12M Series A to Advance Real-Time AI Copilot for Enterprise Decision-Making

Rwazi, an AI-driven decision intelligence startup, has raised $12 million in Series A funding to accelerate the development of its AI copilot and simulation engine — a platform designed to replace instinct-driven decision-making with real-time, data-backed insights. The round positions Rwazi to expand its global infrastructure and deliver actionable intelligence to enterprise teams navigating rapidly … Read more

Diriyah Company Awards $1.53 Billion Construction Contract to China Harbour Engineering for Diriyah Arena Block

The Diriyah Arena Superblock

In a major development aligned with Saudi Arabia’s Vision 2030, Diriyah Company has awarded a SAR 5.75 billion ($1.53 billion) contract to the Branch of China Harbour Engineering Company Ltd. for the construction of the Arena Block—a dynamic new district in the heart of Diriyah that will feature the multi-purpose Diriyah Arena, three mixed-use office … Read more

Deep Algorithm Solutions Secures ₹10.8 Cr Seed Funding to Expand AI-Powered Cybersecurity Platform

Deep Algorithm_Founder

Mumbai-based cybersecurity and AI startup Deep Algorithm Solutions has raised ₹10.8 crore (approximately $1.25 million) in a seed funding round led by Unicorn India Ventures, with additional backing from a group of prominent angel investors. The funding will be used to scale engineering and threat intelligence teams, expand go-to-market (GTM) operations across India and Southeast … Read more

Zuppa Raises $1.5M Bridge Round to Advance Indigenous Drone Intelligence Tech

Zuppa

Chennai-based deep-tech startup Zuppa, known for its autonomous drone systems, has raised $1.5 million in a bridge funding round led by serial entrepreneur Rahul Dewan, founder of Srijan Technologies. The round also saw participation from Ajay Gupta of Capital Foods and the Mangwani Family Office, formerly associated with Aquapharm Chemicals. This strategic funding round brings … Read more