Author: Arabian Media staff

Y Combinator-backed Hyperbound on Tuesday raised $15 million in a Series A round led by Peak XV Partners (formerly Sequoia Capital India & SEA) in what will be the VC firm’s biggest bet in the US as it looks to widen its bets outside India, particularly in artificial intelligence. The round also saw participation from Y Combinator, Snowflake Ventures, Roble Ventures, and Fellows Fund. The San Francisco-based startup works on building AI tools and has built on its AI sales roleplays, creating the first scalable practice arena for sales teams. According to the company, in less than two years, it…

The Securities and Exchange Board of India (SEBI) has cleared the initial public offering (IPO) of Pine Labs. The firm aims to raise Rs 2,600 crore through fresh equity.The fintech unicorn submitted its Draft Red Herring Prospectus (DRHP) to the Securities and Exchange Board of India (SEBI) on June 26, taking a step closer to its public listing on Indian stock exchanges. According to the DRHP, proceeds from the fresh issue will be used to repay or prepay borrowings of about Rs 870 crore. Additional funds will support investments in its subsidiaries—Qwikcilver Singapore, Pine Payment Solutions Malaysia, and Pine Labs…

When India landed the Chandrayaan-3 lander on the Moon, the world hailed its scientific ambition and achievements. But back on Earth, a less publicised race is being lost; one that will shape the next century, not in space, but in silicon. In labs across Bengaluru, Hyderabad, and Pune, rockstar engineers are designing advanced chips, creating next-generation processors, and testing novel algorithms. However, much of this intellectual property is owned by foreign corporations, and these innovations may never see the light of day in India. Talent is plentiful, but access to capital is not; and therefore, the daily drudgery forces innovators…

AI is mainly automating work instead of enhancing it, which is leading the technology to be a catalyst for replacing jobs, according to a new study.AI startup Anthropic, which was valued at $183 billion earlier this month, released a new report on Monday showing that more than three in four (77%) of the businesses using Claude did so to automate tasks. In comparison, only 12% of businesses used Claude to augment or enhance work.”The 77% automation rate suggests enterprises use Claude to delegate tasks, rather than as a collaborative tool,” the report stated. “Given clear automation patterns in business deployment,…

CRED is broadening its push into wealth and payments products with a slate of new launches for its affluent user base, including a co-branded credit card with IndusInd Bank and new options to invest in fixed deposits and digital gold.The Bengaluru-based fintech said the moves are aimed at consolidating its position as the go-to platform for high-credit-score customers seeking both convenience and premium financial experiences.The credit card, which attracts no joining fee, is powered by RuPay and issued by IndusInd Bank. It offers 5% rewards on all online purchases and 1% on offline transactions, including UPI via CRED Scan and…

Bihar is ready and India is watching. That was the resounding message from Hon’ble Union Minister of Commerce and Industry, Shri Piyush Goyal, during his keynote address at the launch of the Bihar Industrial Investment Promotion Package (BIIPP) 2025 and the culmination of the Bihar Ideas Festival held at Bapu Sabhagar, Patna.The event marked a watershed moment for Bihar’s economic transformation, and Shri Goyal’s address struck a powerful balance between policy endorsement, emotional connect, and a national vision. 1. Vision for Viksit Bharat 2047 – “India Can’t Be Developed Without Bihar”“The development of one part of India does not mean…

President Donald Trump hinted on Truth Social on Monday that a TikTok deal was imminent.”The big Trade Meeting in Europe between The United States of America, and China, has gone VERY WELL! It will be concluding shortly,” Trump wrote on Monday morning. “A deal was also reached on a “certain” company that young people in our Country very much wanted to save. They will be very happy! I will be speaking to President Xi on Friday. The relationship remains a very strong one!!! President DJT.”Related: Billionaire Investor Frank McCourt Jr. Wants to Do More Than Buy TikTok — He Wants…

Google’s parent company, Alphabet, is now worth $3 trillion, a feat only achieved by three other tech giants: Nvidia, Microsoft, and Apple.Alphabet shares gained more than 4% in value on Monday, allowing the company to achieve a historic market capitalization of $3.03 trillion at the time of writing. Market capitalization measures the total value of a company by multiplying its share price by the number of outstanding shares.Alphabet hit the $3 trillion mark just over two decades after Google first went public in 2004, and more than 10 years after its own creation as Google’s parent company. Related: Amazon Is…

As a Home Helpers franchise owner, you’ll provide trusted in-home care services that support seniors, individuals with disabilities, and those recovering from illness or surgery. With a proven business model, comprehensive training, and ongoing support, you can build a rewarding business that’s both financially and personally fulfilling.Why choose Home Helpers Home Care?Established Industry Leader: Over 25 years of experience and a reputation for excellence in home care.Booming Market Demand: The aging population is driving unprecedented need for quality in-home care services.Comprehensive Support: Benefit from extensive training, marketing resources, and operational guidance from day one.Flexible Business Model: Grow at your own…

In a landmark move to bridge the gap between traditional finance and the decentralised world, Binance and Franklin Templeton have announced a strategic collaboration to co-develop digital asset initiatives tailored for a new era of investors. The partnership, revealed on September 11, 2025, is set to explore scalable blockchain solutions that combine the strengths of two financial powerhouses. Binance, the world’s largest cryptocurrency exchange by trading volume, and Franklin Templeton, an investment management giant overseeing $1.6 trillion in assets, plan to leverage their respective strengths—Binance’s deep crypto trading infrastructure and global reach, and Franklin Templeton’s expertise in regulated tokenisation and…