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Detailed stories on technology startups, business and economic current affairs.
Hemant Bakshi’s departure four months into the job comes amid a restructuring exercise at the ride-hailing company.

The Abu Dhabi investment firm just upped the AI stakes, private debt in the Gulf is having its moment in the sun, and other updates from this week.
CargoX gets a $250 million cheque from a prominent investment firm; the Gulf is shining in the upcoming American tech IPOs; and Abu Dhabi has hit pause on rental increases.
The country’s top VC funds are flush with new fundraises. They must now find opportunities to invest, but that’s easier said than done.