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Paytm Cloud Technologies Ltd (PCTL), a subsidiary of fintech major Paytm, has established a wholly owned subsidiary in the United Arab Emirates (UAE). In a regulatory filing, Paytm announced that PCTLโs board has approved an investment of AED 8 million (approximately $2.1 million or INR 18.41 crore) to acquire 80,000 equity shares in the newly formed entity, Paytm Arab Payments LLC.

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Top News of the Day: 1. Electric scooter maker Ather Energy has raised Rs 286 crore or $34.5 million through debt and equity 2. Logistiex raises $250,000 in a bridge round led by PACE family office 3. Dairy brand Country Delight has raised Rs 76 c
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Top News of the Day: 1. B2B procurement marketplace ProcMart has raised $30 million in a Series B funding round led by Fundamentum and Edelweiss Discovery Fund. 2. Fintech startup BharatPe has promoted Nalin Negi to the role of chief executive. 3.
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Top news of the day: 1. WEH Ventures has fully exited its investment in Smallcase, ensuring a complete return of capital from its 2017 Fund I. 2. India's EV start-ups have seen a significant increase in funding, surpassing $2.1 billion in FY25, com
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Top News of the Day: 1. OTPless, an authentication and access management platform, has raised $3.5 million in a pre-Series A funding round led by SIDBI 2. Education-focused fintech startup Propelld has raised $25m in debt funding for its non-bankin
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Stride Ventures launches fourth fund with $300 million target corpus The venture firm unveils its fourth fund with a $300 million target. The venture debt firm surpasses $1 billion in total commitments. Its portfolio includes over 150 companies acro
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Stride Ventures launches fourth fund with $300 million target corpus The venture firm unveils its fourth fund with a $300 million target. The venture debt firm surpasses $1 billion in total commitments. Its portfolio includes over 150 companies acro
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Stride Ventures launches fourth fund with $300 million target corpus The venture firm unveils its fourth fund with a $300 million target. The venture debt firm surpasses $1 billion in total commitments. Its portfolio includes over 150 companies acro
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Top News of the Day: 1. Spend management startup Dice raises $5 million from Dallas Venture Capital India Fund 2. NPCI International Payments has partnered with Network International to expand the adoption of Unified Payments Interface (UPI) in the
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10 day startup series ๐ฅ 22nd June 2025 ๐งต Post 4๏ธโฃ : Global incorporation : United Arab Emirates ๐ฆ๐ช ๐ฏ Why to Incorporate in UAE? โ 0% Corporate Tax for most startups (until profit threshold) โ 100% foreign ownership โ Easy visa & residence p
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