Uber Eats exits 7 markets including Egypt & KSA, will operate under Careem Now in UAE
The foodtech joint of the international ride-hailing unicorn Uber has shut down its operations in a total of 7 markets including Egypt and Saudi Arabia.
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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.
Flat6Labs Bahrain holds their first Digital Demo Day for its 4th Cycle
Flat6Labs Bahrain is holding their first Digital Demo Day for its 4th Cycle where 7 innovative startups will be presenting their businesses virtually.
EMPG announces merger with OLX Group, raises $150 Mn & reaches unicorn status
Dubai's online classified group EMPG and Amsterdam-based OLX Group have recently announced a merger in Pakistan, Egypt, Lebanon, and the UAE
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.
Hubpay – UAE-based digital wallet solution raises seed funding
Dubai's Hubpay, a digital wallet solution for remittances has recently raised seed funding from Signal Peak Ventures, with participation from Falcon Network.
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.
Aker Foods raises undisclosed funding from Mumbai Angels Network
Pune, India-based Aker Foods on April 28 announced that it has raised an undisclosed amount of funding from Mumbai Angels Network.
IIT Mandi Catalyst to disseminate INR 2 Cr among 9 selected startups
The first technology incubator in Himachal Pradesh, India, IIT Mandi Catalyst has recently selected 9 startups to disburse INR 2 crores
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