Battery compartment on Vande Bharat Express from Rani Kamlapati to Nizamuddin catches fire at 5:40am. All passengers safely evacuated. Congress leader Ajay Singh was on board. Defective batteries suspected.

TN Higher Education Minister Ponmudy allowed to go home after 8 hours by ED post grueling interrogations. DMK spokesperson criticizes long questioning stating a violation of Human Rights.

Battery compartment on Vande Bharat Express from Rani Kamlapati to Nizamuddin catches fire at 5:40am. All passengers safely evacuated. Congress leader Ajay Singh was on board. Defective batteries suspected.

TN Higher Education Minister Ponmudy allowed to go home after 8 hours by ED post grueling interrogations. DMK spokesperson criticizes long questioning stating a violation of Human Rights.

Indian Startups: Chalo Dubai

Chalo Dubai!

  • The startup community in India represents a sizeable portion of Indian Unicorns and these Indian firms combined with the NRI-owned enterprises managed to create over one million fresh jobs in Dubai.
  • Dubai plans to double its GDP by 2030 by nourishing Indian talents.
  • Several factors contribute to Dubai being the next gateway for domestic startups:
  • - Most of the economic sectors see 100% foreign ownership - 30 free zones - Favorable tax climate - Seamless business process - Hassle-free connectivity with Dubai - Disposable income of the middle class
  • Primarily industries spanning across manufacturing, healthcare, agritech and fintech look forward to setting shop in the Gulf region.
  • Indian Unicorns set sight
  • Nykaa, the fashion and ecommerce platform expanded its omnichannel presence in the region
  • Gurgaon-based all-electric ride-hailing startup Blusmart will be soon foraying into the region with an initial programme with a fleet of 100 Audi
  • Indian-born startup, FreshToHome raised USD 104 million for ambitious expansion in Saudi Arabia
  • Gurgaon-based eyewear major, Lenskart plans to invest around USD 50 million in the Middle East market after they witnessed significant growth in the region.
  • Kerala-based Phonologix Health Solutions Founder appreciated that the region offered fantastic platform to the Indian startup to increase its visibility.
  • Avanse, an online lending platform offering educational loans was the latest to attract a $120 million Series D funding round in March led by Mubadala an Emirati state-owned holding company that acts as one of the sovereign wealth funds of the Emirate of Abu Dhabi.
  • Editor’s Note:

    Indian tech startups and investors are making Dubai their address turning the region into a proxy tech capital. The region’s Sovereign Wealth Funds find the Indian startups instrumental in bringing about transformative change in Dubai’s climate.

    Keywords :
  • #indianstartups #dubai #indiansindubai

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