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Creating UAE-based 'unicorns' can become a regular feature

Recent listing of delivery firm Swvl on Nasdaq offers a glimpse into what is possible ....

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Will UAE IT professionals' salaries be double the current averages?

Will UAE IT professionals' salaries be double the current averages?
gulfnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gulfnews.com Daily Mail and Mail on Sunday newspapers.

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Furlenco raises $140 million from Zinnia Global Fund, others

Synopsis
The funding will help Furlenco, which offers furniture on rent, expand its geographic reach, launch new products and plans, and support marketing, founder Ajith Mohan Karimpana says.
ETtech
Furlenco, which saw flat growth in FY21 with revenue of Rs 100 crore, is now looking to grow the business to Rs 2,300-2,500 crore over next five years, founder Ajith Mohan Karimpana. (Photo: Twitter/@AjithKarimpana)
Mumbai: Furniture subscription company Furlenco has raised $140 million (Rs 1,000 crore) in a mix of debt and equity, as part of its latest funding round led by Zinnia Global Fund, its founder said.
The funding will help the company expand its geographic reach, launch new products and plans, and support marketing, Ajith Mohan Karimpana told ET. “A large part of the fundraise is long-term structured debt whereas the remaining is equity capital,” said Karimpana, who is also the chief executive of the online furniture startup. ....

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Mena tech-driven ventures could pay professionals more

Mena tech-driven ventures could pay professionals more
tradearabia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tradearabia.com Daily Mail and Mail on Sunday newspapers.

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Redirecting to MENA tech-driven ventures could pay professionals more than double the current average salary

Redirecting to MENA tech-driven ventures could pay professionals more than double the current average salary
q8dailynews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from q8dailynews.com Daily Mail and Mail on Sunday newspapers.

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