Knuru Capital, a Venture Capital firm based in Dubai, has signed an agreement to handle a venture portfolio in its early-stage from an investment vehicle - DP Ventures Holdings - set up by Delta Partners senior executives to invest in technology companies in early-stages around the world.
The portfolio which...
The popular Karachi-based Fintech startup CreditBook that helps small business visionaries digitize and track the entirety of their exchanges, has announced raising about $1.5M up in seed round and that’s not all. The startup's seed round was a blend of worldwide and nearby financial backers. They include Pakistan's BitRate...
Maqsad, the popular Karachi-based Edtech platform on successfully managing to raise about $2.1M in a Pre-Seed round. This particular pre-seed round was led by Indus Valley Capital. The round was also joined by Alter Global, Fatime Gobi Ventures along with several founders of different startups both in Pakistan and...
Saudi Arabia-based insurance as a help (IaaS) stage that Eltizam has raised SAR2.5M which is roughly $666K through the crowdfunding platform ‘scopeer’. Established by Hani Al Malki (CEO) and Khaled Al Ahmadi (CTO), Eltizam hopes to digitize the nearby insurance business industry AI innovation. It offers insurance-related items crossing...
The Ministry of Communications and Information Technology of Saudi Arabia and global investment platform Techstars have teamed up to launch the latest Riyadh Techstars Accelerator project. This particular accelerator program will help improving entrepreneurs and startups to help them innovate and grow their businesses in the MENA region. Their...
Fintech NymCard which has its headquarters in Abu Dhabi, announced in a statement that it has launched an Open API platform for issuing and processing of payment cards.
The announcement is coming on the heels of NymCard’s $7.6 million Series A which the company had raised the previous month. The...
Logistic and supply chain company, Trukkin has raised it's series A investment round of $7 million from Saudi based Emkan Capital.
Trukkin, founded in 2017 by Janardan Dalmia who used to work as a financial executive brands itself as a leading aggregator platform which matches shipping with trucking for a...
Biware, the popular data management startup from Tunisia has announced that they’ve successfully managed to raise about $1.2M from CDC Gestion and Zitouna Capital.
Biware works by providing technological SMB that supports other companies to use their data for strategic purposes and that’s not all. The purposes include increasing revenues,...
JOI Gifts, the popular UAE-based and both MENA servicing online gifts marketplace has managed to successfully raise about $2.5M in their latest Series A funding round. This particular Series A funding round was led by Knuru Capital, the Dubai-based VC focused on FinTech and consumer marketplaces. The funding round...
It’s been four months since Falak Investment Hub, the Saudi-based startup has accepted the application of eight of the most popular tech startups within the MENA regions into their acceleration program. The program consists of three new companies from Egypt along with three from KSA, and one each in...
