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More Indian firms are expected to be housed at Hub71 in Abu Dhabi.

The Emirate of the United Arab Emiratess capital is keen on housing more Indian startups in its Hub71 ecosystem after having already met with some suc

The Emirate of the United Arab Emiratess capital is keen on housing more Indian startups in its Hub71 ecosystem after having already met with some successes, officials said. Used car-focused Cars24 was the primary Indian company to maneuver into the space and is already the biggest used car platform within the United Arab Emirates having a valuation of USD 1.84 billion and revenues of over USD 600 million, it said, adding that three more startups, whose founders are from India, have also set sponsor the power. The three other startups with Indian founders include Arab, Hafla and Funder AI, the statement said. Backed by Mubadala, which is sort of a sovereign wealth fund of the UAE, Hub71 is going to fuel the countrys aspirations of becoming an Entrepreneurial Nation by 2031. Read More..

B2B Tech News | 3 years ago        

Yummy is raising $ 47 million to meet growing consumer demand.

Yummy is that the dominant supplier of on-demand delivery and transportation in Republic of Venezuela and Bolivia. With the new capital, scrumptious c

Yummy is that the dominant supplier of on-demand delivery and transportation in Republic of Venezuela and Bolivia. With the new capital, scrumptious can invest in enhancing its product providing. The spherical was diode by Anthos Capital with participation from JAM Fund, Soma Capital, WIND Ventures, attribute Capital, and YC Continuity. Yummys ridesharing vertical has seen fast adoption since its launch in Gregorian calendar month of 2021. Yummys grocery vertical has designed a hybrid fulfillment network that knits along twenty one company closely-held small fulfillment centers with partner closely-held facilities to permit fast deliveries across a large geographic footprint. Read More..

B2B Tech News | 3 years ago        

In short: Investment guide for the Bolivian end

Bolivian state power company Endes initial investment budget for 2022 reaches 3.1bn bolivianos (US$450mn), according to just-released information. Hal

Bolivian state power company Endes initial investment budget for 2022 reaches 3.1bn bolivianos (US$450mn), according to just-released information. Half of the planned spending is allocated to generation while the other half is split between transmission and distribution. Early-stage hydros in pre-investment include Banda Azul, Cañahuecal, Cuenca Media Del Rio Grande, Icona, Juntas Corani and Santa Barbara, along with 310MW of potential solar. Read More..

B2B Tech News | 3 years ago        

PeopleIN acquires Food Industry People for $ 45 million

PeopleIN - once called folks Infrastructure - has declared one more acquisition, shopping for food sector staffing business Food trade folks (FIP) for

PeopleIN - once called folks Infrastructure - has declared one more acquisition, shopping for food sector staffing business Food trade folks (FIP) for $45 million. The deal provides PeopleIN a serious appendage within the staffing solutions house for the food and agriculture sector. Brisbane-based FIP may be a national force solutions business with around four,500 folks in work. Further, PeopleIN notes that at the start of FY22 the Department of Foreign Affairs and Trade declared there have been fifty five,000 work-ready Pacific and Timorese folks accessible to begin add Australia, demonstrating the growth opportunities accessible through the FIP acquisition Read More..

B2B Tech News | 3 years ago        

Microsoft cuts its earnings and revenue guidance for the fiscal fourth quarter.

Microsoft lowered its fourth-quarter budget forecast on Thursday, citing unfavorable currency movements. In an investor presentation, Microsoft said

Microsoft lowered its fourth-quarter budget forecast on Thursday, citing unfavorable currency movements. In an investor presentation, Microsoft said it expects revenue of between $51.94 billion and $52.74 billion for the quarter. The company previously forecast fourth-quarter revenue of between $52.4 billion and $53.2 billion. Microsoft also lowered its earnings forecast for the quarter slightly and said it now expects adjusted earnings per share to be between $2.24 and $2.32. In April, Microsoft finance chief Amy Hood suggested that exchange rates could affect driving. Read More..

B2B Tech News | 3 years ago        

Australias GDP is growing but, workers wages are going down.

The economy increased at a steady rate of 3.3 percent over the past year, according to the National Accounts released this week. However, that increas

The economy increased at a steady rate of 3.3 percent over the past year, according to the National Accounts released this week. However, that increase benefits primarily corporations, particularly mining businesses, while workers salaries continue to lag. We know this because the National Accounts include far more data than just the headline Gross Domestic Product, or GDP, figure. Read More..

B2B Tech News | 3 years ago        

The travel industrys appeal for overseas labour was turned down.

Companies asked for special immigration visas for overseas workers at a gathering with Grant Shapes on Wednesday. The half-term break and legal holida

Companies asked for special immigration visas for overseas workers at a gathering with Grant Shapes on Wednesday. The half-term break and legal holiday Jubilee weekend are the first significant test the industry has faced since all Covid travel restrictions were lifted in March. Nearly 27,000 flights out of the United Kingdom are scheduled between 27 May and 5 June, consistent with aviation data firm Cerium. However, the industry has struggled to recruit staff to exchange for those workers who lost their job or left the arena during Covid. Steve Heap, chief executive of holiday firm Jet2, blamed Brexit for the shortage of staff. The following delay at airports on, passengers are being advised they must take only one carry-on bag on holiday with them and not check-in luggage to avoid delays. The GMB union, which represents aviation workers, said if people dont check in luggage it limits the disruption. There are scheduled to be 2,746 flights departing from the UK on Thursday, equating Read More..

B2B Tech News | 3 years ago        

Efforts to establish universal energy access by 2030 are hampered by Covid-19

The Covid-19 pandemic has slowed the progress towards universal access to electricity and clean change of state fuel and technology, consistent with a

The Covid-19 pandemic has slowed the progress towards universal access to electricity and clean change of state fuel and technology, consistent with a UN-sponsored report. The findings area unit from the 2022 edition of Tracking SDG 7: The Energy Progress Report, that monitors world efforts to realize the property Development Goal (SDG 7) of cheap fashionable energy offer for everybody by 2030. The study was made by UN entities and partners, referred to as the SDG seven shielder agencies, World Health Organization urge governments and policymakers to boost up action, Xinhua news organization according. Read More..

B2B Tech News | 3 years ago        



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