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Weekly Roundup – Top startup news you ought not to miss [12 – 18 Oct]
Here’s to this week’s news roundup, featuring the top startup news and stories from MENA and India published on LAFFAZ from 12 to 18 October.
Editorial Staff
Articles published under the Editorial Staff byline are produced, compiled, or reviewed by the LAFFAZ editorial team. This byline is used for collaborative pieces, press releases.
Zomato, India’s foodtech giant raises $52 Mn funding from Kora Investments
Zomato, the foodtech giant of India, on Wednesday, 14 October, raised a whopping $52 million from Kora Investments.
Emirates Angel Investors Association launches to boost entrepreneurship
A group of young UAE-based angel investors has launched 'Emirates Angel Investors Association' to accelerate growth for startups in the country,
India’s fashion e-commerce player LimeRoad secures $1.49 Mn funding
One of India's leading fashion e-commerce giants, Limeroad on Saturday, 17 October 2020, raised $1.49 Mn from MA Willmind Holdings.
India’s cricket-legend invests in deeptech startup Harmonizer India
India's former cricketer Kapil Dev on Thursday, 15 October 2020 invested an undisclosed sum in Harmonizer India.
Egypt’s new platform ‘Minly’ launches to connect celebs with fans
Startup news: Egypt-based Minly launches to connect stars with fans - enabling fans to book shoutouts from their favourite celebs seamlessly.
Jordanian ‘Boxeh’ launches as a ‘recipe-in-a-box’ startup
Launched by Sahar Abu Gharbieh in Jordan, Boxeh is a 'recipe-in-a-box' concept that delivers homemade meals to houses.
Egypt-based edtech startup MARJ3 secures seed funding from Expert DOJO
Cairo, Egypt-based MARJ3, an edtech startup, on Wednesday, 14 October 2020, raised an undisclosed sum in a seed funding round, led by California-based Expert DOJO.
DIFC becomes region’s first fully accredited member of Global Privacy Assembly
Dubai International Financial Centre has announced that the Centre is now a fully accredited member of the Global Privacy Assembly.
Saudi Arabia’s B2B platform Retailo raises $2.3M Pre-Seed funding
Saudi Arabia's Retailo, on Monday, 12 October 2020 raised $2.3 million in a pre-Seed funding round from Shorooq Partners.
Veteran investors Hasan Haider and Sharif El-Badawi launch +VC
Plus Venture Capital (+VC) has launched of its operations and its $60m debut fund focused on investing in early-stage tech startups in MENA.
DIFC partners with PwC Middle East to address data privacy compliance
PwC Middle East has launched an innovative online solution to help organisations comply with the recently announced DIFC Data Protection Law.