Wamda

U.A.E

Careem enters quick-commerce space with launch of dark store grocery network

Careem is expanding its groceries offering by launching Careem Quik in the UAE, a quick-commerce e-grocery service enabled by a...

Careeem quick commerce e-grocery

Egypt

Minly acquires UAE’s shoutout platform Oulo

Egypt-based celebrity shoutout platform Minly has acquired its UAE rival Oulo for an undisclosed amount. Minly’s decision to...

Minly oulo

U.A.E

Childcare marketplace PureBorn raises $2 million Seed round

Dubai-based childcare marketplace PureBorn has raised a $2 million Seed funding round. Launched in 2017 by Hannah Curran, PureBorn...

PureBorn E-commerce

Regional

Opontia raises $42 million in Series A

UAE-based e-commerce enabler Opontia has raised $42 million in equity and debt in a Series A round led by STV. Opontia, founded by...

Opontia

U.A.E

UAE-based RemotePass raises pre-Series A round

UAE-based recruitment platform RemotePass has raised its pre-Series A round, led by BECO Capital with participation from Wamda,...

RemotePass recruitement

Regional

PepsiCo launches Mena edition of Greenhouse accelerator programme

PepsiCo has launched the Mena edition of its global greentech accelerator programme in partnership with the UAE Ministry of Climate...

Pepsico

U.A.E

GrubTech raises $13 million Series A round

UAE-based foodtech startup GrubTech has raised a $13 million Series A investment led by Addition, alongside BY Ventures and Hambro...

GrubTech foodtech

U.A.E

UAE’s ZIWO raises pre-Series B round

UAE-based SaaS startup ZIWO has raised a seven-digit pre-Series B investment round from its current investors. Founded in 2010 by...

ZIWO Telecommunication

U.A.E

Arcab raises Seed round led by We Founder Circle

UAE-based bus aggregator Arcab has raised an undisclosed Seed round from We Founder Circle. Founded by Neeraj Tyagi and Bilal...

Arcab Mobiltiy

U.A.E

Edfundo rasies $400,000 in pre-Seed, prepares for $1.5 million Seed round

UAE-based Edfunfo, a children's financial literacy app, has raised $400,000 in a pre-Seed funding round. Founded by Simon Wing...

Edfundo kids-focused fintechs

U.A.E

Mindshift Capital invests in US femtech Rosy

UAE-based VC Mindshift Capital has invested in US-based healthtech Rosy, as part of its $2 million Seed round. Founded in 2019 by...

Mindshift Capital Rosy femtech

U.A.E

CARS24 raises $20 million debt funding from CBD

India-based automotive e-commerce platform CARS24 has raised Dh75 million ($20 million) in local debt funding from the Commercial Bank...

CARS24 Commercial Bank of Dubai

U.A.E

Cashfree pumps $15 million equity investment into UAE’s Telr

India-based payments and API banking solutions company, Cashfree Payments has allocated an equity investment of $15 million in Telr, a...

Cashfree Telr

U.A.E

Dubai's iMile raises $40 million to connect Chinese sellers to emerging markets

Dubai-based last mile delivery company iMile, has raised a $40 million Series A round at a $350...

iMile

U.A.E

UAE accedes to Madrid Protocol: What does this mean for founders in the UAE?

Bianca Gracias is a partner at ICLO, a UAE-based legal services firm The Madrid System is a convenient and cost-effective solution for...

trademarks

U.A.E

UAE Splashlight Studios raises $1 million Seed round from Eagle Ventures

UAE-based e-commerce digital solutions provider Splashlight Studios has raised Seed funding of $1 million from Eagle Ventures. Founded...

Splashlight Studios e--commerce Solutions

Saudi Arabia

Raseed closes $1.1 million investment round led by Impact46

UAE-based investment platform Raseed has raised $1.1 million in a pre-Seed round led by Impact46 with participation from Oqal Angel...

Raseed Impact46

U.A.E

How did one Dubai startup scale to 24 markets with less than $10 million?

A “real coup” is how Arrow Labs founder Rami Darwish describes the partnership he has signed with BMB, a multinational IT...

SAAS Arrow Labs Draper Associates

U.A.E

YallaMarket’s $2.3 million pre-Seed and the rapid rise of quick commerce

Motorbikes emblazoned with the logo of a food, grocery or last mile delivery company can be seen on almost every street in the UAE. Such...

YallaMarket quick commerce e-grocery

U.A.E

UAE fintech LNDDO raises $3 million Seed round

UAE-based B2B fintech LNDDO has raised a $3 million Seed round backed by a network of investors led by H.H Sheikh Tahnoon Bin Shakhboot...

LNDDO Fintech

U.A.E

UAE-based neighbourhood app Hayi raises $325,000 Seed round

UAE-based “neighbourhood app” Hayi, has raised a $325,000 Seed round, led by Sarya Holdings and Falak Startups, with...

Hayi community app

U.A.E

Cryptocurrency trading platform HAYVN closes Series A round

Abu Dhabi-based digital currency trading platform HAYVN has closed its Series A funding round for an undisclosed amount, led by Red Acre...

HAYVN cryptocurrency

U.A.E

Dubai-based HyperSpace raises $11 million Seed round

Dubai-based blockchain-enabled extended reality startup HyperSpace has raised $11 million in equity and development Seed funding, led by...

HyperSpace Blockchain

U.A.E

Foodlink raises $8 million in Series B funding round

UAE and India-based foodtech startup Foodlink, has raised $8 million in its Series B funding round, led by Arpit Khandelwal, the...

Foodlink foodtech

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