Funding

Egypt’s Amjaad secures 6-figure funding in ongoing Pre-Series A round

Cairo, Egypt-based Amjaad, a tech startup has raised six-figure investment in its Pre-Series A round from Dhaman Group.

Bengaluru-based Arzooo, on Tuesday raised $7.5 million from WRVI Capital, US; with participation from, Jabbar Internet Group, UAE.

San Francisco-based Hubilo, a global virtual events platform, on Monday raised $4.5 million from Lightspeed Venture Partners.

Gurugram, Haryana-based BASIC Home Loan, on Monday raised a $500,000 in a seed funding round from Picus Capital, Germany.

Bengaluru-based Jumbotail, a B2B e-commerce startup that offers food and grocery items to retailers, on Saturday raised $10.5 million.

Mumbai, Maharashtra-based fintech startup CredAbale on Saturday raised INR 18.14 crore (around $2.5 million) from a group of angel investors.

Saudi Arabia-based Garage, on Thursday, raised $260,000 in a Pre-Seed funding round various angel investors.

Bollywood star Katrina Kaif has invested an undisclosed amount in the Mumbai-based cosmetics and beauty retailer Nykaa.

Mumbai's Sugar Cosmetics, on Wednesday, raised $2 million Series C debt funding round led by Stride Ventures.

Alt Balaji owned by Ekta Kapoor, on Monday announced that the company has invested in the Mumbai-based Tring, a celebrity engagement platform.

Zomato, the foodtech giant of India, on Wednesday, 14 October, raised a whopping $52 million from Kora Investments.

Dubai, UAE-based FoxPush, a cost-effective solution for advertisers and publishers, on Sunday raised $15 million from Lebanon-based JGroup