Egypts digital lender Shahry raises $650K funding from Egbank
Cairo-based digital lending platform Shahry on Wednesday (13 May) raised $650K in a pre-seed funding round from an investment arm of Egbank.
Wajiha Wahab
Ex-Journalist at LAFFAZ, Delhiite by birth, Wajiha possesses a keen interest in reading about startups, accumulating information and presenting the same to the audience impressively.
Dubai’s AHOY raises Seed funding to disrupt with its mobility technology amid COVID-19
AHOY in an ongoing seed funding round has so far raised 7-figure amount (AED) to advance its core technology and deploy the same as a SaaS model.
Uber invests $170m in bike and scooter rental startup Lime Micromobility
The mobility giant Uber on Thursday (May 7) made the announcement of its investment of $170 in the bike and scooter rental startup Lime Micromobility.
India’s Caspian Debt scoops $20 Mn funding from DFC
Hyderabad-based corporate lender Caspian Debt on Friday revealed that it has raised $20 million from the U.S. International Development Finance Corporation.
Zoom acquires encrypted chat startup Keybase to make meetings more secure
The popular Zoom video conferencing company has reportedly acquired Keybase Inc, an Andreessen Horowitz-backed encrypted-chat startup.
Sheraa sets up $1 Mn Equity-free Grant Pool to support startups amid COVID-19
In honour of the #UbuntuLoveChallenge the fund will aid startups ensuring they remain afloat, and tide over these uncertain times.
yallacompare raises $4.25 Mn from Gulf Insurance Group
Middle East's leading finance comparison platform today announced that it has raised $4.25 from Gulf Insurance Group (gig)
Kreator 3D Develops an indigenous ventilator in collaboration with SRM IST and Rizel Automotives
Chennai-based startup, Kreator 3D collaborated with SRM Institute of Science and Technology and Rizel Automotive to design a cost-effective ventilator.
Basma.ai – Bahraini tech startup offering free services to hospitals & public institutions amid COVID-19
Bahrain-based Basma.ai has recently announced that it is offering its services free to all hospitals and public institutions amid COVID-19 crisis.
OYO appoints Ex-Starbucks COO Troy Alstead as an independent director
India's hospitality behemoth OYO, on Friday (May 1, 2020) announced that the company has appointed Troy Alstead, the former COO of Starbucks
Palestinian Tawazon raises seed funding from Ibtikar Fund
Palestine-based startup Tawazon that offers guided meditation through its mobile app has raised an undisclosed amount from Ibtikar Fund
Flipkart invests $28 Mn in its digital payments arm PhonePe
India's homegrown e-commerce giant now owned by Walmart has today announced the development of its digital payments arm PhonePe