Dubai’s Sweetheart Kitchen raises $17.7 Mn Series-C funding
Dubai, UAE-based Sweetheart Kitchen, a multi-brand, delivery-only company, announced a $17.7M Series C funding.
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Latest developments in startups, business, and technology across India, MENA, and global markets. Stay informed with breaking news, in-depth reporting, and analysis on entrepreneurship, innovation, and emerging trends.
MEED-GlobalData launches MENA PPP Virtual Think Tank
The virtual summit hosted by MEED-GlobalData will bring together industry experts to discuss Public Private Partnership (PPP) frameworks.
Egypt’s fintech startup NowPay secures $2.1 Mn Seed funding
Cairo-based Fintech startup NowPay, on Sunday, 11 October 2020, told LAFFAZ that the company has raised a $2.1 million seed funding.
Amsterdam’s MessageBird raises $200 Mn at $3 Bn valuation to expand to MENA
Amsterdam's MessageBird, omnichannel cloud communications platform, On Thursday, 8 October 2020, raised $200 Mn to expand to MENA.
NirogStreet, Gurugram’s ayurveda healthtech startup raises $2 Mn
Gurugram, Haryana-based NirogStreet, an Ayurveda healthtech platform on Thursday, 8 October 2020, raised $2 million in Pre -Series A funding.
Zain Bahrain launches Aswat, a platform to sponsor speakers’ podcasts
Zain Bahrain on Monday, 5 October 2020, launched a platform called Aswat, dedicated to sponsoring speakers' podcasts.
Dubai’s Shuaa Capital launches three Sharia-compliant funds
Dubai-based Shuaa Capital, an asset management and investment banking firm, on Friday, 9 October 2020 aunched three Sharia-compliant funds.
Dubai’s Aramex estimates $15 Mn losses due to Beirut & Casablanca tragedy
Aramax on Thursday has reported $15.1 million in losses in Q3 due to Beirut port explosion and fire in its warehouses in Casablanca.
UAE-based investor Murari Lal Jalan is expected to save India’s bankrupt Jet Airways
UAE-based investor Murari Lal Jalan is understood to be favoured to take over India’s grounded Jet Airways by the airline’s creditors.
Egypt’s ‘dreevo’ launches operations post-raising 6-digit pre-seed funding
Egypt-based last-mile delivery startup dreevo on Thursday, 8 October 2020 raised an undisclosed six-figure pre-seed funding.
Bahrain’s EDX Labs gets recognition from Gartner
Bahrain's EDX Labs On Thursday, 8 October 2019 has been recognised as a Representative Vendor for DMARC and Brand Protection by Gartner.
Visa and Fawry join forces to enhance e-payments across Egypt
Egypt's digital transformation and e-payments platform, Fawry has signed a strategic partnership with Visa to accelerate e-payments in Egypt.