India’s Caspian Debt scoops $20 Mn funding from DFC
Hyderabad-based corporate lender Caspian Debt on Friday revealed that it has raised $20 million from the U.S. International Development Finance Corporation.
Funding
Ratan Tata invests in the Maharashtra-based pharmaceutical startup Generic Aadhaar
Ratan Tata has reportedly invested an undisclosed amount in the pharmaceutical startup from Thane, Maharashtra, India, Generic Aadhaar.
KSA’s Sportstech startup Grintafy raises $1.25 Mn seed funding from Wa’ed Ventures
Grintafy Technologies, a sportstech startup today announced that it has raised $1.25 million in a seed funding round led by Wa'ed Ventures
Instabug raises $5 Mn in Series A funding round from Accel
Headquartered in California, US, Instabug yesterday announced that it has raised a $5 million in a Series A round from Accel.
EMPG announces merger with OLX Group, raises $150 Mn & reaches unicorn status
Dubai's online classified group EMPG and Amsterdam-based OLX Group have recently announced a merger in Pakistan, Egypt, Lebanon, and the UAE
yallacompare raises $4.25 Mn from Gulf Insurance Group
Middle East's leading finance comparison platform today announced that it has raised $4.25 from Gulf Insurance Group (gig)
Hubpay – UAE-based digital wallet solution raises seed funding
Dubai's Hubpay, a digital wallet solution for remittances has recently raised seed funding from Signal Peak Ventures, with participation from Falcon Network.
Aker Foods raises undisclosed funding from Mumbai Angels Network
Pune, India-based Aker Foods on April 28 announced that it has raised an undisclosed amount of funding from Mumbai Angels Network.
IIT Mandi Catalyst to disseminate INR 2 Cr among 9 selected startups
The first technology incubator in Himachal Pradesh, India, IIT Mandi Catalyst has recently selected 9 startups to disburse INR 2 crores
Palestinian Tawazon raises seed funding from Ibtikar Fund
Palestine-based startup Tawazon that offers guided meditation through its mobile app has raised an undisclosed amount from Ibtikar Fund
Egyptian Pravica raises $500K from 500 Startups
Cairo, Egypt-based Pravica today raised $500,000 in a Pre-Seed round led by 500 Startups with participation from Modus Capital and DYRES Venture.
Flipkart invests $28 Mn in its digital payments arm PhonePe
India's homegrown e-commerce giant now owned by Walmart has today announced the development of its digital payments arm PhonePe