InCred scoops INR 500 Cr debt funding
Mumbai-based InCred today raised INR 500 crore (around $6.8 million) from a number of public sector banks and financial institutions.
Funding
IntiGo – Tunisia-based mobility and logistics startup scoops $1 Mn funding
IntiGo, the leading ride-hailing startup in Tunisia has raised $1 million in a funding round led by Capsa Capital Partners and some regional angel investors
KoolSkools – Morocco’s edtech startup raises $400K funding from Maroc Numeric Fund II
Founded this very year, Casablanca, Morocco-based edtech startup KoolSkools has reportedly raised MAD 4 million (around $400K) from Maroc Numeric Fund II
Healthcare startup Aumet raises $1.25 Mn seed funding
US-based B2B e-commerce marketplace, Aumet has raised $1.25 million in a seed funding round led by Right Side Capital, TechStars, and Plug and Play.
Thobi – Riyadh’s e-commerce platform raises $650K in seed funding from ABN Ventures
Riyadh, Saudi Arabia-based Thobi, an e-commerce platform that sells customised thobes for men has reportedly raised SAR 2.5 million from ABN Ventures
Eve Virtual – MENA region’s first 3D virtual hosting platform scoops $1 Mn funding
Dubai Media City-based, Eve virtual, MENA’s very first virtual hosting platform, today announced that it has raised $1 million seed funding from Wiz Holdings and angels.
Fatura – Egypt’s B2B e-commerce platform scoops 7-figure seed funding from Disruptech
Egypt's Fatura, a B2B e-commerce platform that connects FMCG wholesalers to retailers has rraised a 7-figure investment in a seed round led by Disruptech.
Sopsy – Turkey’s e-commerce platform provider for SMEs raises $291K funding
Istanbul, Turkey-based startup that enables small e-commerce businesses to develop their platforms earlier this raised TRY 2 million (around $291K)
Turkey’s fintech Mobilexpress scoops $2 Mn funding from Instanbul’s Collective Spark
Mobilexpress, an Istanbul, Turkey-based fintech startup has recently raised a whopping $2 million in a Series A round led by Istanbul's Collective Spark.
Dubai kidtech startup Periscope Media raises seed funding
Dubai, UAE-based Periscope Media, a startup that develops kidtech and edutainment today announced that it has closed a seed funding round.
Lean Technologies – Riyadh-based fintech startup scoops $3.5 Mn seed funding
Riyadh, Saudi Arabia-based Lean, a fintech platform today announced that it has raised $3.5 million in a seed round from RAED Ventures
Dubai’s Nomad Homes raises $4 Mn seed funding from Comcast Ventures
Dubai-based digital real estate platform Nomad Homes, raised a $4 million in a seed round led by Comcast Ventures, with participation from Abstract Venture...