In a striking development within the Indian craft beer industry, a significant portion of the workforce at Bira 91 has formally sought a leadership overhaul amid a series of business struggles. The Economic Times recently detailed this unfolding scenario in their article “Bira 91 staff move plea for leadership change,” portraying a company at a…
The recent surge in geopolitical tensions between the West and China has seen a dramatic downturn in the number of Chinese venture capital (VC) investments in Israeli tech companies. Once a burgeoning source of capital, Chinese investors are now increasingly absent from the financing rounds of new Israeli start-ups. According to an in-depth analysis by…
Investment in Israel’s tech sector showed a marked decline in the first quarter of 2023, leading to widespread concern about the industry’s resilience against a backdrop of economic uncertainty and regional challenges. According to a report from the financial news website Calcalist, titled “Israeli high-tech companies raised $2.7 billion in Q1 2023, lowest since 2020,”…
The Israeli fintech sector is witnessing a significant downturn in investor confidence, according to a report published in Calcalist. Entitled “Startups Fear: Investors Come with Low Offers,” the piece underscores a deepening mood of cautiousness among financiers, increasingly leading them to extend reduced funding offers compared to previous years. The changing dynamics are notably impacting…
The reign of family-owned businesses in Israel’s economy is notably waning, as evidenced by a significant decline in their presence on the TA-125 Index, the Israeli stock market’s benchmark index comprising the 125 most significant public companies. According to a recent analysis by CTech, a section of Calcalist, which published the article “For the first…
Amid rising geopolitical tensions and economic volatility, Nasdaq-listed Pagaya Technologies is facing the brunt of Wall Street’s shifting confidence. The AI-driven financial technology company, which went public last year through a SPAC merger with EJF Acquisition Corp, has observed a stark decline in its shares, plummeting by 97% since its listing. As valuations tumble and…
In a bold move distinguishing itself from the financial turbulence faced by many tech startups, Indian financial app Dhan has successfully clinched a deal that propels it into the esteemed club of unicorns following a robust round of funding. Once celebrated with confetti by startups across sectors, the moniker of ‘unicorn’, which denotes companies valued…
In an apparent move to counterbalance the retail heft of Amazon’s Prime Day, Sam’s Club has rolled out an impressive array of deals aimed at capturing consumer attention and wallet share. This strategy, highlighted in a recent piece titled “Best Sam’s Club Deals to Compete with October Prime Day 2025 — My Favorite Deals” on…
In a strategic move designed to increase its stronghold in the Nordics, IKEA has opted to expand its high street presence, a shift from its traditional out-of-town warehouse model. The Swedish furniture giant, known globally for its ready-to-assemble furniture and home accessories, announced its latest acquisition—a landmark property on Oxford Street in London. The property,…
Israel’s tech sector is experiencing a significant downturn in investments, with funds halved from the previous year, and nearly a quarter less from the preceding quarter. This trend not only underscores challenges within the Israeli startup ecosystem but also reflects broader volatility in the global economic landscape, driven by inflation concerns and geopolitical instability. According…
