Funding

AHOY, Dubai’s e-commerce logistics startup raises $2.2 Mn seed funding

Dubai-based e-commerce logistics startup, on Monday, announced that it has closed its ongoing seed funding round at $2.225 million.

Bengaluru, India-based edtech unicorn startup Unacademy, on Wednesday, raised an undisclosed sum from Tiger Global and Dragoneer.

Gurgaon, India-based used cars marketplace, Cars24 on Tuesday, raised $200 million Series E round led by DST Global, and existing investors.

Bengaluru-based fantasy sports platform Mobile Premier League (MPL), on Friday, raised $90 million in Series B round led by SIG Global & OYO.

Dubai, UAE-based Quiqup, a same-day delivery startup, on Tuesday raised $5.5 million in a funding round led by Delivery Hero.

Baghdad, Iraq-based healthtech startup Tabib, on Thursday raised 6-figure investment in a seed funding round led by KAPITA and Nass Al Iraq.

Saudi Arabia-based e-commerce Salla, on Tuesday raised SAR32 million ($8.5 million) Series A round led by STV.

Cairo, Egypt-based Eksab, on Tuesday, raised $500,000 from 4DX Ventures, with participation from strategic investors.

Here’s to this week’s news roundup, featuring the top startup news from MENA and India published on LAFFAZ from 16 Nov to 22 Nov.

Bahrain's Investcorp, on Sunday announced that it has invested an undisclosed sum in the Series E round for Indian logistics company, Xpressbees

Egypt's e-commerce solution provider, ExpandCart, on Sunday raised $2.5 million in Series A round, led by Sawari Ventures.

Gurugram and Korea-based mobile balance management service startup, True Balance, raised a whopping $28 million in Series D funding round.