Funding

Dubai-based Service My Car raises $10 Mn seed funding

Dubai, UAE-based Service My Car, last week, announced that it has raised $10 million in seed funding from Oman-based Suhail Bahwan Group.

UAE-based fintech startup, KLAIM, on Tuesday, announced that it has raised $1 million in its seed funding round from TechStars and others.

Cairo, Egypt-based e-commerce enabler zVendo, on Tuesday, announced that it has raised a six-figure seed funding round led by EFG EV Fintech.

Saudi Arabia-based customer engagement platform, Bonat, on Wednesday, raised seed funding led by Impact46, with participation from SVC and angels.

Gurgaon, India-based PolicyBazaar, on Thursday, raised $75 million, led by the US-based hedge fund Falcon Edge Capital for expanding to the UAE.

Dubai, UAE-based GrubTech, an all-in-one SaaS platform for cloud kitchens and delivery-centric restaurants, raised $3.4 million funding.

baraka, a UAE-based fintech startup on a mission to educate, enable and empower millennials, introduced its commission-free mobile trading platform.

Tamil Nadu's skin and hair care direct-to-consumer (D2C) brand, Juicy Chemistry, on Friday, raised $6.3 million from Belgium's Verlinvest.

Egypt-based foodtech startup Koinz, on Monday, raised $4.8 million in its seed funding round led by Tinder founder Justin Mateen.

Millennial-focused online furniture and appliance rental firm Rentomojo, has raised INR 10 crore from Accel and Chiratae Ventures.

Istanbul, Turkey-based Dream Games, a mobile gaming startup, on Monday, raised $50 million in a Series A round led by Index Ventures

Outplay, a sales engagement platform (SEP), on Wednesday, raised $2 million in funding from Sequoia Capital India’s Surge.