Egyptian Fintech Startup NowPay Raises $600k from 500 Startups and Endure Capital
Cairo-based fintech startup, NowPay has raised $600,000 seed funding from Silicon Valley’s Endure Capital and 500 Startups.
Funding
Saudi’s Online Grocery Store Nana Direct raises $6.6Mn
Saudi-based Nana Direct, an online grocery platform has raised fresh funds from Middle East Venture Partners and Impact46.
Bahrain’s Crypto Exchange Rain earns Middle East’s First Regulatory Licence
Bahrain-based cryptocurrency exchange, Rain has become the first Middle East crypto exchange to earn a regulatory license.
Muzmatch – London-based Matchmaking App for Muslims Raises $7 Mn
London, UK-based matchmaking app for Muslims, Muzmatch has raised $7 million from Luxor Capital and Y Combinator.
Kuwait-based Edtech Startup CODED Raises $1.3 Mn from KISP
CODED, a Kuwait-based academy has recently secured #1.3 million in a Pre-Series A funding round led by Kuwait-based KISP Ventures.
Turkey-based FineDine Raises Investment from Savour Ventures
Istanbul, Turkey-based restaurant management platform FineDine has raised an undisclosed amount of funds from Kuwait-based Savour Ventures...
Abu Dhabi Capital Group Invests $9.99 Mn in Delhi-NCR-based Grofers
Big news for the Indian startup ecosystem - Delhi-NCR-based Grofers raised $9.99 million from Abu Dhabi Capital Group (ADCG)...
India’s Edtech Unicorm Byju’s Raises $150 Mn from Qatar Investment Authority
Indian Edtech unicorn Byju's on June 10 made the announcement about its $150 million funding round led by Qatar Investment Authority and Owl Ventures...
Dubai-based Washmen Raises $6.2 Mn to Simplify Laundry
Dubai-based Washmen, a dry cleaning and laundry service has raised $6.2 million to dilate operations in UAE and expand technological development to Beirut.
Foodics Raises $4M Funding to Launch a POS System
The Saudi-based Foodics has recently raised $4 million to develop an all-in-one POS system and to launch the platform on Android and desktop...
Saudi’s Edtech Startup Noon Raises $8.6 Million to Expand Operations
Noon's funding marks the biggest investment in the whole MENA edtech industry. The funding will be used to expand operations and crack new markets...
Bollywood’s Khiladi Akshay Kumar Invests in GOQii and Joins the Board
Bollywood superstar Akshay Kumar has invested an undisclosed amount in GOQii and joined the board of advisors...