Funding

Dubai’s UDrive raises $1.3 Mn in ongoing Series A round

Dubai, UAE-based car-rental startup Udrive, on Monday, raised $1.3 million from the crowdfunding platform Eureeca, from 186 investors.

Amman, Jordan-based Abjjad, on Tuesday, raised $1 million in its Series A funding round from Rimal Capital, JordInvest and ISSF.

Singapore and San Francisco-based TurtleTree Labs, a biotech startup has raised $6.2 million Pre-Series A from Prince Khaled's KBW Ventures.

India-based international foodtech giant Zomato, on Friday, announced that it has raised $660 in a fresh funding round.

Dubai, UAE-based Spotii, a 'buy now, pay later' (BNPL) startup, on Thursday, secured a strategic investment from Australia-based Zip.

Saudi Arabia-based Morni, on Thursday, raised SAR 34.3 million (around $9.1 million) in a Series B round led by GSquare Investments.

Mumbai, India-based Callify.ai, on Tuesday, announced that the company has raised $560,000 in a seed funding round led by Malpani Ventures.

Abu Dhabi, UAE-based TruKKer, on Thursday, raised $10 million as strategic venture debt from San Francisco, US-based Partners for Growth (PFG).

Dubai's 360VUZ, has reportedly raised funding from Knollwood Investment Advisory, Impact46, AlFalaj Investment, and DAI participated.

UAE-based Urent, a hybrid vehicle-sharing app has recently announced that it has raised seven-figure funding in its Pre-Series A funding round.

Jaipur, India-based social commerce startup DealShare, on Tuesday, raised $21 million in its Series C round led by WestBridge Capital.

Tamil Nadu, India-based RuralBasket, on Tuesday, announced that it has raised $5 million funding from Nativelead Foundation.