Funding

Zomato bags $660 Mn at a valuation of $3.9 Bn

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.

Chennai-based agritech startup WayCool Foods, on Thursday, raised $7.8 million in debt funding from Samunnati, RBL Bank and InnoVen Capital.

Saudi Arabia's QVM, on Wednesday, raised an undisclosed seed funding from Awab Holding Company, with participation from some angel investors.

Egypt-based beauty e-commerce platform Source Beauty, on Wednesday, raised a six-figure seed funding from ACE & Company and some angels.