Hubilo, virtual event startup bags $4.5M seed funding from Lightspeed
San Francisco-based Hubilo, a global virtual events platform, on Monday raised $4.5 million from Lightspeed Venture Partners.
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Latest developments in startups, business, and technology across India, MENA, North America, Europe, and global markets. Stay informed with breaking news, in-depth reporting, and expert analysis on entrepreneurship, innovation, and emerging trends.
Gurugram’s BASIC Home Loan raises $500K seed funding from Germany’s Picus Capital
Gurugram, Haryana-based BASIC Home Loan, on Monday raised a $500,000 in a seed funding round from Picus Capital, Germany.
Flat6Labs Bahrain launches Sixth Cycle, selects 8 startups
Flat6Labs Bahrain selects eight startups which will receive an investment of $32K each and undergo the 4-month programme.
![Weekly Roundup – Top startup news you ought not to miss [19 – 25 Oct]](https://laffaz.com/wp-content/uploads/2020/10/weekly-roundup-top-startup-news-12-18-oct-768x402.jpeg)
Weekly Roundup – Top startup news you ought not to miss [19 – 25 Oct]
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.
Jumbotail scoops $10.5 Mn funding from JumboFund & Heron Rock
Bengaluru-based Jumbotail, a B2B e-commerce startup that offers food and grocery items to retailers, on Saturday raised $10.5 million.
CredAble, Mumbai-based fintech startup raises $2.5 Mn funding
Mumbai, Maharashtra-based fintech startup CredAbale on Saturday raised INR 18.14 crore (around $2.5 million) from a group of angel investors.
HH Sheikh Mohammed suggests upgrading UAE universities into free zones
The prime minister of the UAE and Ruler of Dubai, HH Sheikh Mohammed had suggested upgrading the UAE universities into creative free zones.
Maharashtra govt. invites Tesla to boost electric mobility, after Karnataka
Maharashtra government has initiated talks with Tesla to push electric mobility in the state, said Aaditya Thackeray.
DIFC hosts inaugural cohort of Emirati students from the Federal Youth Authority’s Young Economist Programme
Dubai International Financial Centre (DIFC) has welcomed the first batch of Emirati students from the Young Economist Programme.
ETMONEY partners with Google Pay to help users invest in mutual funds
ETMONEY on Thursday, entered into a strategic partnership with Google Pay to enable Google Pay's users invest in mutual funds.
San Francisco-based ‘Back to the Roots’ secures funding from KBW Ventures’ Prince Khaled
San Francisco's 'Back to the Roots', on Thursday closed a fresh funding round from its existing investors, with participation from Prince Khaled.
Saudi’s Garage bags $260K in a Pre-Seed funding round from undisclosed investors
Saudi Arabia-based Garage, on Thursday, raised $260,000 in a Pre-Seed funding round various angel investors.