InCred scoops INR 500 Cr debt funding
Mumbai-based InCred today raised INR 500 crore (around $6.8 million) from a number of public sector banks and financial institutions.
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Al-Futtaim Group partners with UAE’s Tabby to provide flexible shopping experience
Dubai, UAE-based Al-Futtaim Group has partnered with Dubai's fintech startup Tabby that provides 'buy now, pay later' option to customers
IntiGo – Tunisia-based mobility and logistics startup scoops $1 Mn funding
IntiGo, the leading ride-hailing startup in Tunisia has raised $1 million in a funding round led by Capsa Capital Partners and some regional angel investors
GetBEE and Chalhoub join forces to pioneer the future of personalized shopping
Dubai, UAE-based GetBEE, a tech startup that aims to empower knowledge exchange through its platform, announced a partnership with Dubai's Chalhoub Group
Dailyhunt launches Josh, a short video app like TikTok
Dailyhunt launches Josh. After the TikTok ban, the Indian startup ecosystem is witnessing a huge plethora of Indian short video creation & sharing platforms.
Aatmanirbhar.Live launched as one of India’s largest incubator for MSMEs
Three Indian youngsters last month launched World's largest virtual incubator in India called Aatmanirbhar.Live to contribute to $5-trillion economy
IntiGo – Tunisia’s bike-taxi rental startup reports assault
IntiGo, Tunisia's bike-taxi rental startup, yesterday reported that the members of Tunisian Union of Individual Taxis hijacked and damaged four vehicle of IntiGo.
Saudi Arabia launches $178 Mn loan deferral programme for 192 regional companies
Ministry of Finance, Saudi Arabia has launched a new $178 million (SAR 670 million) initiative to help businesses in the kingdom defer loan instalments.
KoolSkools – Morocco’s edtech startup raises $400K funding from Maroc Numeric Fund II
Founded this very year, Casablanca, Morocco-based edtech startup KoolSkools has reportedly raised MAD 4 million (around $400K) from Maroc Numeric Fund II
Dubai Chamber launches online marketplace to connect buyers and sellers of PPE products
Dubai Chamber yesterday launched a new online marketplace to connect buyers and sellers of personal protective equipment (PPE) & medical supplies.
Healthcare startup Aumet raises $1.25 Mn seed funding
US-based B2B e-commerce marketplace, Aumet has raised $1.25 million in a seed funding round led by Right Side Capital, TechStars, and Plug and Play.
Thobi – Riyadh’s e-commerce platform raises $650K in seed funding from ABN Ventures
Riyadh, Saudi Arabia-based Thobi, an e-commerce platform that sells customised thobes for men has reportedly raised SAR 2.5 million from ABN Ventures