STEPPI, the UAE-based health and corporate wellness platform for its successful management of raising about $1.8M in its latest funding round. The funding round was powered by a new partnership with boutique health and fitness experts, Embody Fitness, based in London and Dubai. The funding round has welcomed Embody...
GBarena, the popular esports and tournaments platform from Cairo has managed to successfully raise six-figure in their latest Pre-Series A funding round. The funding round was led by key angel investors Ahmed Aboudoma, Kushal Shah, and HIM Angles VC network. This newly raised fund will be used for creating...
Health-tech start-up MEDZnMORE raised a pre-series A round of $11.5 million from a series of angel and venture capitalist firms. Founded in 2020 based in Karachi Pakistan, in pursuit to solve the medical and wellness delivery service for B2B and B2C clientele of consumers, pharmacies and hospitals.
With the growth...
Start-ups in Iraq hardly get sufficient media coverage. As a result, only a few people know of their existence. Challenges like lack of basic infrastructure, payment solutions, and business registration complications make it difficult for start-ups to succeed. Even with these challenges, small businesses are evolving and maneuvering Iraq’s...
FOODICS, a Saudia Arabia-based all-in-one restaurant management platform raised about a $20M Series B funding round at the start of the year. The funding round was led by Sanabil Investments and was also co-led by STV earlier this year. Other investors included Derayah, Endeavor Catalyst, and Elm in the...
Snapp group, the popular Iranian ride hailing and online service super app in a surprising change in tactics has for the first time published statistics about it's business and app for the year 2020. The private held company had long kept it's data close to it's chest, disclosing some...
OTO, the Saudi-based Shipping management software and delivery platform that they’ve managed to successfully raise $3M in their latest seed funding round. The funding round was led by Middle East Venture Partners (MEVP) and Derayah Capital.
OTO was founded by CEO Mohammad Al-Razaz and CTO Furkan Uzar. And it has...
The first companies to have been granted a digital banking license in Saudi are STC Pay along with another local firm. The license was issued by Saudi’s finance minister which was approved by The Saudi Cabinet. And it was announced by the state news agency that day. Now it’s...
Since 2004 Iran has put efforts in launching some version of a domestic search engine within the country, these projects often had significant government funding and backing as they were perceived to help the Iran intranet network of information (which is Iran's local internet of sites often switched on...
It was announced today that the well-known Saudi Company Tamer Group is to acquire Mumzworld. The group has interests in healthcare, beauty, and FMCG products and Mumzworld is the leading eCommerce platform in the region for mother, baby, and child products. Although they didn’t announce the details on the...
