Savola Group is a publicly listed group in Saudi Arabia, and operates companies in both the food and retail industries. They have recently announced the launch of a Corporate Venture Capital Program.
The program is for the purpose of distributing innovative technologies, providing food and retail opportunities on a global...
Alhokair have made an announcement that they will acquire a total of 51% stake in an online fast fashion platform, Vogacloset, based in the UK and provides her services to the Middle East.
The company is a franchise retailer in Arabian Centres Company (ACC) and Saudi Arabia. It is also...
It was announced by Jahez International Company for Information Technology (Jahez) that the arrangement of HSBC Saudi Arabia as the Sole Financial Advisor and Global Coordinator for its possible first sale of stock (IPO) on the Saudi Exchange's Nomu - Parallel Market. Jahez is a local Saudi business that...
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 popular Dubai-based market leader, iMile in delivery services has recently and officially launched their services in Egypt. Their current operations are based in Cairo and Suez and a goal to expand further in the region.
“We have solid plans for what we want to achieve in 2021 and our...
It was announced on Monday that the popular Dubai-headquartered buy-now-pay-later startup Postpay has managed to raise about $10M from the global leading buy-now platform Afterpay along with AP Ventures which is an Australia based platform. This fresh round has summed up Postpay’s total financing about $35M as of now....
The popular Qatar-based mobile wallet platform, SkipCash has drawn one stage nearer towards its grandiose objective to turn into the most popular and used mobile application on the Peninsula, subsequent to uncovering that it has raised around $2M which is roughly QAR 7M in a seed round led from...
Laverie was founded back in 2018 and has been fully operational ever since. They’ve already processed more than 60k items from a very popular client base of over 4k active registered users from the platform. The platform provides fully digitized laundry services to the clients along with order tracking...
Bahrain houses various accelerators that have given birth to not only tens but hundreds of start-ups across the country. The fast-growing start-up scene in Bahrain has been supported by the country's initiative to get people connected to the internet. 98% of Bahraini citizens already use the internet which is third in...
It was announced that the Dhaka-based SaaS startup, Alice Labs has raised $500K up in a seed financing round. The startup offers a multi-channel client care answer for online organizations and that’s not all. The round was led by Anchor-less Bangladesh and joined by HOF Capital. It is the...
