Author: Arabian Media staff

Indian millionaires seem to be a happy lot, and what’s making them happy are not luxury cars or jewellery—but travel, fitness, and other experiences.According to the Mercedes-Benz Hurun India Wealth Report 2025, more than 60% of Indian millionaires rate their happiness at 8 or above on a 10-point scale, despite modest consumption compared to wealthy individuals in developed markets. The survey of 150 millionaires across the country shows changing consumption patterns among India’s affluent. According to the survey, travel tops spending preferences, with it being the most popular hobby among 45% of respondents, followed by reading and cooking. In discretionary…

Disclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners. Global business today moves at the speed of conversation — but some professionals may be held back by language barriers. From negotiating with international partners to connecting with clients across borders, communication can make or break opportunities. That’s why business-minded learners are turning to Babbel, the #1-selling language learning app trusted by millions worldwide.With a Babbel Language Learning lifetime subscription, you’ll gain access…

Essar-backed Blue Energy Motors on Thursday raised $30 million in a fresh funding round from Zerodha’s Nikhil Kamath and textile trading firm Omnitex Industries. The firm is expected to use the new funds to expand its manufacturing capacity, accelerating the production of its LNG and electric heavy-duty trucks. Currently, the firm has a manufacturing capacity of 10,000 trucks per year, and the fresh funding is expected to boost these numbers. To date, Blue Energy has sold around 1,000 vehicles that have collectively travelled more than 60 million kilometres. @media (max-width: 769px) { .thumbnailWrapper{ width:6.62rem !important; } .alsoReadTitleImage{ min-width: 81px !important;…

Walmart India Private Limited, the Indian arm of Walmart Inc, reported a modest rise in revenue and a reduction in losses in the financial year ended March 31, 2025. Revenue from operations rose 2.5% to Rs 5,330 crore in FY25 from Rs 5,200 crore in the previous year, according to the company’s filings with the Ministry of Corporate Affairs. The topline included other income of Rs 43 crore, comprising interest income, foreign exchange gains and profit on asset sales, with the total income reaching Rs 5,374 crore.The company trimmed its net loss to Rs 109.8 crore from Rs 154.1 crore…

In the last 18 months, YourStory’s DevSparks has become one of India’s most dynamic platforms for developers to experience and learn cutting-edge tech like generative AI, data science, cybersecurity, and more.After several high-impact editions across Bengaluru, Hyderabad and Pune, DevSparks is coming to Chennai on September 20, 2025, to spotlight its deep tech talent, thriving SaaS ecosystem, and legacy in software innovation.The event will bring together engineers, technologists, and builders to dig deep into generative AI, developer workflows, GCC innovation, and scalable tools.This is your chance to engage with experts shaping how applications are built in an AI-first world. Sign…

Jaro Institute of Technology Management and Research (Jaro Education) is looking to raise Rs 450 crore through its initial public offering (IPO), which will open for subscription on September 23.In a public announcement, the company said it has fixed a price band of Rs 846 to Rs 890 per share for its maiden public offering.The company’s IPO comprises a fresh issue of shares worth Rs 170 crore, and an offer for sale of shares valued Rs 280 crore, by promoter Sanjay Namdeo Salunkhe. It is scheduled to conclude on September 25.Of the fresh issuance, Rs 81 crore has been earmarked…

PayU, the payments and fintech arm of Prosus NV, has raised its stake in Mumbai-based Mindgate Solutions to 70%, moving from a minority investor to majority shareholder as competition intensifies in India’s fast-growing real-time payments market.The deal leaves Mindgate’s co-founders, George Sam and Guhan Muthuswamy, with a combined 30% holding. Terms of the transaction weren’t disclosed.“Mindgate continues to play a crucial role in the growth journey of India’s real-time payments by powering 10 billion monthly transactions and providing seamless payment solutions to leading banks,” Sam, co-founder and business head, said in a statement. In March, PayU had announced the acquisition…

From Investorant that enables fractional ownership in the F&B industry to IBM’s collaboration with BharatGen, YourStory brings today’s headlines that highlight significant developments across industries.Featured stories Bengaluru-based Investorant enables fractional ownership in the F&B industry Founded by Guru Shivaram, Amrit Hemdev, and Salman Sait in 2021, Investorant is an investment platform that enables fractional ownership of curated food and beverage (F&B) concepts. “We enable talent to have their own spaces without any other stress such as raising funds, building the project, and others. They get creative freedom, the investors get absolute transparency on how their money is being spent, CEO Shivaram says. The…

International Finance Corporation (IFC) will infuse up to $25 million in Trifecta Capital’s fourth venture-debt fund to back startups in high-impact sectors including the EV ecosystem, AI infrastructure, and agri-tech. IFC, which is part of the World Bank Group, is a United Nations agency that invests in private sector growth in developing countries. Trifecta Capital, which has backed companies such as meat and seafood marketplace Captain Fresh and battery swapping operator Battery Smart, will look to provide venture debt to select startup at Series A stage and beyond under Trifecta Venture Debt Fund IV. The infusion comes on the back of…

In the wake of COVID-19, the food and beverage (F&B) industry in India was left in near desolation across multiple avenues, from farmers making losses in millions of dollars to the disruption of the supply chain. Around this time, Guru Shivaram, Amrit Hemdev, and Salman Sait—seasoned professionals across real estate, hospitality, and finance with over two decades of experience—realised that an alternate way to mitigate loss margins in the F&B sector would be through fractional ownership by a team of investors. “Typically, what happens in an outlet is that once the talent (chefs, managers and staff—the face of the business) takes funds…