News

Invaluable startup news, business ecosystem updates related to Entrepreneurs, Corporates, Policies and stories augmenting and disrupting the startup ecosystem of MENA and India.

  • Bengaluru’s Upscale raises $250K pre-seed funding from Powerhouse Ventures, Java Capital & GSF Accelerator

    Bengaluru, India-based Upscale, a new-age B2B sales engagement startup, has recently raised pre-seed funding of $250,000 led by Powerhouse Ventures, Java Capital, and GSF Accelerator.

  • Changelabs launches Egypt’s 1st ‘Green’ Scale-Up Accelerator in partnership with Green Growth Fund

    Impact-centered accelerator Changelabs, one of the top 10 accelerators in the Middle East, has recently announced the launch of its leading “Scale Up To Green” accelerator program

  • Hyderabad’s T-Hub launches fifth batch of its flagship program Lab32 with 30 startups

    Hyderabad, India-based T-Hub, on Tuesday, announced the launch of the fifth edition of its flagship pre-acceleration program, Lab32.

  • India’s fintech startup Cred enters unicorn club

    India’s fintech startup Cred, founded by the veteran entrepreneur Kunal Shah, on Tuesday, entered the unicorn club after raising $215 million from Falcon Edge Capital.

  • Bahrain Fintech Bay announces strategic partnership with R3 to support next-gen innovators

    One of the MENA’s leading fintech hubs, Bahrain FinTech Bay, earlier this month, announced a strategic partnership with R3, a leading enterprise blockchain software provider.

  • EroeGo, UAE’s first food waste fight startup gets entry into MassChallenge Israel

    UAE’s first-ever sustainable impact food waste fight company, EroeGo has been accepted into the 2021 accelerator program, MassChallenge Israel.

  • Jordanian edtech startup Abwaab raises $5.1 Mn seed funding

    Amman, Jordan-based edtech startup Abwaab, on Monday, announced that the company has raised $5.1 million in its latest seed funding round.

  • CityMall raises $11 Mn Series A led by Accel Partners

    Gurugram, India-based social e-commerce startup CityMall, on Thursday, raised $11 million Series A funding round led by Accel Partners.

  • Mumbai’s Dream Sports raises $400 Mn funding

    Mumbai, India-based Dream Sports, the parent organisation of the eSports unicorn startup, Dream11, on Wednesday, raised $400 million funding.

  • KSA-based fintech startup Hala raises $6.5 Mn Series A from Impact46 and Wamda

    Saudi Arabia-based fintech startup Hala, has raised a Series A round of $6.5 million from Impact 46 Growth Fund and Wamda.

  • Zaara Biotech, Kerala-based startup scores $10 Mn from UAE’s TCN International

    Kerala, India-based Zaara Biotech, a student biotech startup, raised an investment of $10 million from the UAE-based TCN International Commerce LLC.

  • Jordanian healthtech startup, Aumet raises 6-figure Pre-Series A funding

    Jordan-based B2B healthcare marketplace Aumet, on Tuesday, raised a six-figure pre-Series A funding round, led by Shorooq Partners.

  • Zotalabs raises $125K seed funding from Alfa Ventures and more

    Pune, India-based edtech platform Zotalabs, on Wednesday, raised $125K in its seed funding round led by Dhianu Das of Alfa Ventures.

  • Zid, Saudi E-Commerce enabler raises $7 Mn in Series-A funding led by Global Ventures

    Saudi-based E-Commerce enablement platform, Zid, on Wednesday, raised $7 million in its Series-A funding round led by Global Ventures.

  • Telegram raises $150 Mn from Mubadala and Abu Dhabi Catalyst Partners

    Telegram on Tuesday, raised $150 Mn from Abu Dhabi state fund Mubadala Investment Co and Abu Dhabi Catalyst Partners.