Lebanon’s Lemonade Fashion closes a pre-seed funding round
Lemonade Fashion, an online marketplace for made-to-order designers apparel, received pre-seed investment from Draper University Ventures in San Francisco.
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Saudi’s Hazen.ai launches AI-powered software to improve road safety
Hazen.ai, a Saudi Arabia-based startup last week announced the launch of its AI-powered software that aims to improve road safety.
Iraq’s Lezzoo raises 7-figure seed funding
Iraq's Lezzoo, a delivery & e-payment platform last week raised 7-figure seed funding from Northern Gulf Partners and Pay It Forward Venture Capital.
PayBy partners with LuLu to provide contactless & secure payment options
UAE's PayBy has reportedly partnered with LuLu Group, and launched contactless payment options across LuLu's 60 hypermarkets and stores in the UAE.
SEAF announces ASMA Invest, a new investor to support startups and innovation in Morocco
SEAF Morocco Growth Fund (SMGF) welcomes ASMA Invest as a new investor to support innovation and startups across Morocco.
FineDine – Turkey’s restaurant management platform raises $600K funding
Istanbul, Turkey-based FineDine, an AI-driven online ordering and restaurant management platform, has raised $600,000 in a Pre-Series A round
HT Media to acquire VCCircle.com parent Mosaic Media from News Corp
HT Media Ltd, is reportedly projecting plans to acquire the VCCircle.com parent entity Mosaic Media Ventures Pvt. Ltd from News Corp.
Swiggy to layoff 350 employees due to COVID-19
After laying off 1100 employees back in May, Swiggy is again set to lay off 350 employees as a part of its realignment exercise amid COVID-19.
Social-commerce startup BulBul raises $8.7 Mn funding from Info Edge
Gurgaon, Haryana-based BulBul, a social-commerce startup that lets people sell their products by leveraging its video streaming avenue, has raised $8.7 Mn
Freshworks – India’s SaaS unicorn startup scoops $85 Mn from Steadview Capital
Freshworks (formerly, Freshdesk) on Monday announced that it has raised $85 million from Steadview Capital, a London-based alternative asset management firm.
Startupbootcamp brings headquarters to Dubai International Financial Centre
Startupbootcamp, one of the world’s most active global industry-focused startup accelerators and investor, has established headquarters in DIFC.
tabby & Souqalmal.com offer ‘ZERO Fee Monthly Plan’ for insurance in the UAE
Souqalmal dials up its COVID-19 relief efforts - Becomes the first comparison site in the country to offer free-of-charge monthly payment plan