Bira91 – India’s beer brand raises $30 Mn funding from Sequoia India & Sofina Capital
Bira91 on April 24 made the announcement of its latest bridge investment round of $20 million led by Sequoia India and Belgium's Sofina Capital.
Funding
Mumm – Egyptian FoodTech Startup raises funding from Alex Angels
Cairo, Egypt-based footech startup Mumm has recently made the announcement of its Pre-Series A round closed with Alex Angels.
Itilite – Bengaluru-based SaaS startup raised $13 Mn from Greenoaks & Dubai’s Vy Capital
Bengaluru based software-as-a-service (SaaS) startup Itilite that focuses on business travel on April 18 raised $13 million from Greenoaks and Dubai's Vy Capital.
Live online tutoring platform Vedantu raises $6.8 Mn funding from KB Global
Bengaluru-based edtech startup Vedantu that offers online tutoring to students on April 20 raised $6.8 million from South Korea's KB Global Platform Firm.
UAE’s 360VUZ app secures $5.8 Mn funding from Shorooq Partners & more
Dubai's 360VUZ has today raised $5.8 million in a Series A investment round led by Shorooq Partners with participation from KBW, Media Visions, Vision...
Baims – Kuwait-based edtech startup raises seed funding from AlWazzan
Kuwait-based edtech startup Baims that offers online video-based learning to all high school and university students raised seed funding from AlWazzan.
MENA startups raised $277 Mn in Q1 2020 – Top funding deals
MENA-based startups raised $277 million VC funding in the first quarter of 2020. Top funding deals came for Kitopi, Vezeeta, SellAnyCar, Nana, iMile & Okadoc
California’s Wellpay raises $3.8 Mn from 8vc, Montage Ventures, Mubadala & more
California's fintech platform for healthcare industry has raised $3.8 million from 8vc, Montage, Mubadala to accelerate its public launch amid COVID-19.
Dubai’s Hotel Data Cloud bags $350K funding in a seed round
Dubai, UAE headquartered Hotel Data Cloud (HDC) bags $350K in a seed funding round from some regional and international investors.
Eventtus raises funds to empower event organizers amid COVID-19 with its new virtual events avenue
Eventtus with an exclusive partnership with Sawarly, a media company to modify their app to support virtual events for both web and mobile.
ADIO invests $100 Mn in 4 companies to boost agritech ecosystem
Abu Dhabi Investment Office (Adio) has invested $100 million (Dh367m) to bring four agriculture technology companies to the emirate
Swiggy bags another $43 Mn funding from China’s Tencent, Samsung & more
India's online food delivery unicorn Swiggy on March 6 raised $43 million from its existing backer China's Tencent, Samsung, Mirae Asset Capital Markets...