The popular Protech startup Huspy from Dubai has managed to raise a funding round. The round was joined by B&Y Ventures, Amir Farha (Cotu), Plug and Play along with other regional family offices and the round was led by VentureFriends.
The platform was founded back in August last year by...
Cairo-based furniture eCommerce commercial center Homzmart has brought $15 million up in a Series A drove by MSA Capital and Nuwa Capital, it reported in an articulation today. The round additionally incorporated the interest of the Rise Capital, Impact46, EQ2 Ventures, and Outliers Venture Capital. It had recently brought...
Fawry, the Fintech giant and E-payment solution provider from Egypt has successfully managed to acquire shares in Brimore which is a social commerce marketplace. Their latest minority acquisition comes in a series of efforts by Fawry and it is valued at $1M. This particular acquisition will help Fawry to...
The Riyadh-Based food subscription app Dailymealz has raised about $2M in Pre Series A round. The fund was led by Seedra Ventures and the round even was even joined by some popular angel investors.
Dailymealz allows customers to order their food with their subscriptions from the app. The subscriptions are...
The UAE-based healthcare platform Smileneo has raised about $2 million in a seed round. The round is one of the biggest seed rounds that was raised in the MENA region by any teeth-straightening direct-to-consumer business. The round also included a lot of different anchor investments from several leading international...
Jugnu, the Pakistan-based B2B eCommerce startup, and the online marketplace about their successful management of raising an undisclosed amount in its latest funding round. The latest funding round was led by Sarmayacar which is the Pakistan-based VC investing in Early Stage startups in the region. The round however marks...
The popular diversified company of the Royal Family of Dubai Seed Group has struck up a strategic partnership with Signzy. Seed Group has been operating for more than 16 years in the region and that’s not all. Signzy, the Bangalore-based fintech startup is specialized in banking workflow automation for...
Synkers, a Lebanese Edtech platform helps to connect with students with the most qualified and passionate private tutors to help them focus on learning and complete their study sessions along with helping them throughout their academics and that’s not all. They also provide students continuous support starting from their...
Beginning a start-up company presents challenges, even in normal circumstances, but in 2020, and now in 2021, start-ups across the globe are suffering financially due to the effects of the Covid-19 pandemic.
Within the UAE, many small businesses have already folded, have been put on hold or are struggling to...
Pavegen is very popular for developing and installing kinetic walkways that convert several things into psycho-graphic and emotional insights. They mainly take footsteps into off-grid, data, and clean electricity and then use the conversion methods. The generated energy then is used to power applications including LED lighting and e-link...
