News

Here’s to this week’s news roundup, featuring the top startup news and stories from MENA and India published on LAFFAZ from 19 to 25 October.

Bengaluru-based Jumbotail, a B2B e-commerce startup that offers food and grocery items to retailers, on Saturday raised $10.5 million.

Mumbai, Maharashtra-based fintech startup CredAbale on Saturday raised INR 18.14 crore (around $2.5 million) from a group of angel investors.

The prime minister of the UAE and Ruler of Dubai, HH Sheikh Mohammed had suggested upgrading the UAE universities into creative free zones.

Maharashtra government has initiated talks with Tesla to push electric mobility in the state, said Aaditya Thackeray.

Dubai International Financial Centre (DIFC) has welcomed the first batch of Emirati students from the Young Economist Programme.

ETMONEY on Thursday, entered into a strategic partnership with Google Pay to enable Google Pay’s users invest in mutual funds.

San Francisco’s ‘Back to the Roots’, on Thursday closed a fresh funding round from its existing investors, with participation from Prince Khaled.

Saudi Arabia-based Garage, on Thursday, raised $260,000 in a Pre-Seed funding round various angel investors.

PayPal Holdings Inc. on Wednesday announced that it is set to allow customers to buy, sell and hold cryptocurrencies.

Bollywood star Katrina Kaif has invested an undisclosed amount in the Mumbai-based cosmetics and beauty retailer Nykaa.

Mumbai’s Sugar Cosmetics, on Wednesday, raised $2 million Series C debt funding round led by Stride Ventures.

Ex-Paytm senior vice president, Shankar Nath after a two-year sabbatical has launched Junio, a kids-focused fintech startup.

Dubai’s GoBazzar launches on Tuesday to let shoppers compare prices for various items across a number of e-commerce stores.

Jordanian healthcare marketplace Aumet, on Tuesday, announced that it has acquired another healthtech startup Uniorders