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.
Funding
Startup funding rounds across India and MENA — from pre-seed bets on first-time founders to Series B+ raises reshaping categories. Founder statements, investor disclosures, and regulatory filings, reported as news.
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
Indian singer Sukhbir Singh invests in Delhi-based beauty startup Nature’s Tattva
Nature’s Tattva last week on April 20, made the announcement of its $150,000 funding round led by Bollywood singer Sukhbir Singh and Rakhee Singal
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.
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.