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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
The fintech firm’s revenue in the October-December period sees an 18% jump year-on-year.
Digital payments platform MobiKwik on Tuesday reported a consolidated net loss of Rs 55.2 crore for the quarter ended December of the 2024-25 fiscal, against a profit of Rs 5.2 crore for the same period last year.
Further, on a quarter-on-quarter basis, the net loss widened in Q3 from the Rs 3.6 crore reported in the July-September period. The loss could have been even worse, were it not for Mobikwik receiving a refund of Rs 23.5 crore in the quarter from one of its lending partners as part of a waiver agreement the two companies signed, reports Mobikwik’s financial …
The UAE is looking at its first public listing of the year while Egypt just delivered a big one; OpenAI’s bugging accused has ties to Saudi Arabia; and other updates from the week.
A local fintech deal to consolidate operations, feedback on Saudi Arabia’s proposed IPO rules, and Ras Al Khaimah’s casino economy.
Billionaire Mohamed Alabbar goes for the Indian Ocean archipelago, India’s PhonePe gets UAE approval, and other updates from the week.
