500 Startups welcomes new board members for 500 MENA team
500 Startups, the most active global early-stage venture capital firm on Wednesday onboarded new board members for 500 MENA
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European Union launches a new programme to support digital economy and innovation in Jordan
Through the Innovate Jordan programme, the EU is investing EUR20 million to unlock entrepreneurship and innovation in Jordan.
Bahrain grants UK’s fintech Fasset authorisation to test its blockchain-based solution to address $15 Tn sustainable infrastructure funding gap
UK's fintech Fasset receives authorisation to test its solutions for the tokenisation of hard assets in Bahrain's FinTech Regulatory Sandbox.
E-trio, Hyderabad’s EV startup raises $3 Mn Series A
Hyderabad's electric vehicle manufacturer E-Trio on Tuesday, 29 September 2020, raised $3 million Series A from Singapore's various HNIs.
Miswag, Iraq’s e-commerce startup raises second seed funding
Iraq's e-commerce platform Miswag on Tuesday, 29 September 2020, raised seed funds from Euphrates Iraq Fund, and Shwan Ibrahim Taha.
India’s Financepeer raises $3 Mn from MS Fincap, UAE’s Danube and more
Mumbai, India-based Financepeer on Tuesday, 29 September 2020, raised $3 million from Jaipur's MS Fincap, UAE's Danube, and more.
India’s hospitality giant OYO adds INR 1,054 Cr to its ESOP pool
India's hospitality unicorn OYO has reportedly added 2,700 shares worth INR 1,053.87 to its existing employee stock options (ESOP).
Egypt’s La Reina raises six-figure seed funding and launches a fashion subscription service ‘The Box’
Cairo, Egypt-based La Reina on Monday (28 September 2020) raised six-figure seed funding round from 500 Startups, Algebra Ventures and more.
Weekly Roundup – Top startup news you ought not to miss [Sep 20 – Sep 27]
Weekly roundup, featuring the top startup news and stories from MENA and India published on LAFFAZ from 20 to 27 September, 2020.
Lebanon’s edtech platform Synkers raises $1.8 Mn Pre-Series A funding round
Lebanon's edtech startup Synkers raises $1.8 million Pre-Series A funding round led by Dr. Lama and Dalia Al Sulaiman, with 500 Startups.
Flat6Labs Bahrain’s 5th cycle selects 8 innovative startups
Flat6Labs Bahrain's 5th Cycle received over 200 applications from over 50 countries, out of which 8 startups made it to the 5th demo day.
Egypt’s fintech startup Kashier Payments raises seed funding from Glint Ventures
Egypt's fintech startup Kashier Payments on Sunday (20 September 2020) has raised an undisclosed amount of seed capital from Glint Ventures.