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...
Funding
Dubai-based fintech startup Mamo Pay raises $1.5 Mn from Global Founders Capital
UAE-based Mamo Pay, a peer-to-peer payments app on Tuesday (April 7) raised $1.5 million in a seed funding round led by Global Founders Capital
UAE-based agritech startup Pure Harvest raises $20.6 Mn $100 Mn commitment from Wafra
Wafra, which is Kuwait's national investment company today invested $20.6 million in a Series A round of Pure Harvest and has committed up to $100 million
ZON – UAE’s first decentralized mobile e-commerce startup closes region’s largest-ever seed funding round at $8 Mn
ZON, the region's first fully decentralized mobile-only e-commerce platform on Thursday, March 26 closed a seed funding round of $8 million
Saudi’s online grocery platform Nana scoops $18 Mn from STV, MEVP, Wamda & more
Nana today raised a whopping sum of $18 million in a Series B round led by Saudi Technology Ventures (STV) and Middle East Venture Partners (MEVP)
2019 Year in Review – MENA Startup Ecosystem stood at $704 Mn VC funding
The MENA startup ecosystem attracted a total venture capital of $704 million across 564 startups where UAE, Egypt and KSA topped the list.
ElCoach – Cairo-based fitness startup raises six-figure seed funding
Cairo, Egypt-based fitness startup ElCoach raised six-figure in a seed funding round on 18 March led by Endure Capital, 500 Startups, Wise Capital
Bengaluru-based B2B trading unicorn Udaan raises $30 Mn from Trustroot
Bengaluru, India-based B2B trading platform Udaan today raised $30 million from its Singapore-based parent Trustroot Internet Pvt. Ltd.
Mumbai-based fintech startup Fintso raises $2.6 Mn funding
The 3-month old Mumbai-based deep-tech PaaS Fintso, that offers a B2B2C solution to the wealth management industry on Wednesday (18 March) raised $2.6 Mn
CureFit raises $110 Mn funding from Temasek Unilever and Ascent
Healthcare and wellness startup Curefit today raised INR 832 crore (around $110 million) in its second Series D funding round led by Singapore's Temasek
Quant – Saudi data science & AI startup scoops $1.2 Mn from BIAC
The Riyadh, Saudi Arabia-headquartered data analytics and AI startup on Tuesday (March 17) raised $1.2 million in a Pre-Series A funding round from BIAC.
Abwaab – Jordanian edtech startup raises $2.4 Mn pre-seed funding
Jordan-based Abwaab, an edtech startup has reportedly raised $2.4 million in a Pre-Seed round led by Adam Tech Ventures with Endure Capital, Equitrust and more