Funding

Bahrain’s Investcorp invests in Indian logistics startup Xpressbees

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.

UAE-based F&B startup Fruitful Day, on Thursday raised AED 3 million (around $817K) via Eureeca, an equity crowdfunding platform.

UAE-based legal-tech software editor, App4Legal, on Monday raised Pre-Series A funding from Betatron and Dubai Angel Investors.

Onboard, Tunisian 3D customer experience startup, on Tuesday, raised $175K funding from Kepple Africa Ventures and some entrepreneurs.

Micro-mobility startup, Fenix, on Wednesday launched in the UAE, post-raising seed capital of $3.8 million from Israel's Maniv Mobility.

Egypt-based Wuilt, a SaaS Arabic website builder, on Tuesday, raised $535K seed funding from DAAL VC, MENA Tech Fund, & Flat6Labs Cairo.

Saudi Arabia-based Vision Ventures, on Sunday, invested an undisclosed amount in the Saudi Arabia-based smart locker startup RedBox.

Bengaluru's edtech FrontRow, on Wednesday, raised $3.2 million from Lightspeed, Elevation Capital, & Deepika Padukone.

Gurugram, India-based CityMall, a social e-commerce startup, on Tuesday raised $3 million seed funding led by Elevation Capital