RentUp, a PropTech startup in Egypt, has raised a Pre-Seed funding round in six-figures from Luqman Weise Capital, a Japanese private equity firm that specializes in Fintech innovation and technology development.
RentUp is a property rental platform founded last year that makes use of AI-powered technology that allows homeowners to...
The popular Karachi-based B2B Ecommerce marketplace Bazaar has launched their fully digital ledger app, ‘Easy Khata’ which will allow retailers to seamlessly manage their accounting and ledger. The app was already debuted its first launch over a month ago having more than 100k active merchants registered across 400 cities...
Almentor, a Dubai-based online video learning platform has raised $6.5M in a Series B round. It was announced today that the round was led by Parth. The round also incorporated the interest of Sawari Ventures, Egypt Ventures, and Sango Capital. The edtech had raised its $4.5M Series A which...
The popular Saudi-based FinTech and digital POS provider CashIn has managed to successfully raise about $1.6M in a funding round. The funding seed round was led by some of the most popular key investors including BIM Ventures along with a wide number of angel investors as well.
In the first...
It was announced that the popular Egyptian-based logistic platform for eCommerce commercial center, Flextock raised a $3.25M Pre-Seed financing round. The round was held Foundation Ventures (Egypt), MSA Capital (China), CRE Venture Capital (South Africa), Alter Global (US), JIMCO – Jameel Investment Management Company (Saudi Arabia), B&Y Venture Partners...
Saudi-based on-demand marketplace and foodtech platform Siwar has successfully managed to raise about $7.5M in its latest funding round. The funding round was led by Riyadh-based travel services company Seera Group with the participation of key investors in the region.
The platform was launched back last year and it’s been...
Investcorp Technology Partners aka ITP from Bahrain of their acquisition of all of the business and assets of MIR Limited which is the UK-based FinTech startup company. The startup works with innovative and award-winning payment platforms along with operating with e-wallet solutions as well.
Founded back in 2016, MIR Limited...
The corporate funding foundation of UAE-based Crescent Enterprises, CE-Ventures has promised to pretty much increase its VC interests in new companies to reach $272M by next year and that’s not all. CE-Ventures has put more than $136M out of 32 new businesses and VC assets across the MENA locale,...
Capiter, the popular Cairo-based eCommerce marketplace has managed to raise about $33M in a Series A funding round. The series A funding round was co-led by Quota Capital and MSA Capital. The deal had the participation of Saudi-based FMCG and retailer conglomerate Savola, Shorooq Partners, Foundation Ventures, Accion Venture...
In a seed funding round, the Egypt-based online portal, Sakneen, that helps home buyers locate properties, has raised $1.1 million with support from Sarwa Capital and Foundation Ventures and led by Algebra Ventures.
Others entities that invested in the round were Nakhla VC - a Saudi-based fund, Hem+Spire - a US-based...
