Funding

New York’s Endeavor Catalyst raises $134 Mn for Fund III from Careem & more

New York-based venture capitalist Endeavor Catalyst yesterday (16 September 2020) raised $134 million for its Fund III from Careem & others.

Delhi-based EkAnek on Monday raised $5.4 million (around INR 40 crore) in a Series A1 round led by UAE's Alpha Wave Incubation (AWI) Fund

Cairo, Egypt-based logistics startup Road Runner, on Monday (14 September 2020) raised a six-figure seed investment from several angel investors.

UK's BibliU, an edtech startup on Sunday (13 September 2020) raised $12 million in a Series A funding round from UAE-based Spartech Ventures.

Anubis Gaming, a Cairo, Egypt-based startup on Monday (14 September 2020) has raised $300K seed funding from a regional e-commerce group.

Cairo, Egypt-based Rology, an on-demand teleradiology platform has successfully raised $860K in a Pre-Series A funding round, led by HIMangel

Bengaluru-based QShala, owned by Walnut Knowledge Solutions has raised INR 2.7 crore from Rainmatter Capital, a Zerodha-backed fund.

Delhi NCR-based electric ride-hailing platform BluSmart Mobility Pvt Ltd has today raised $7 million in pre-series A funding round

Featuring the top startup news and stories from MENA and India published on LAFFAZ from 31 August to 06 September, 2020.

Dubai-based logistics startup Fetchr on Monday confirmed that the company has closed a $15 million Series C funding round.

Dubai's The Luxury Closet (TLC) has raised an undisclosed sum from Huda Beauty Investments (HBI), the private investment office Huda Beauty.

Bengaluru-based home decor platform, HomeLane has today raised INR 60 crore in a bridge round led by Stride Ventures.