Cairo, Egypt-based Transportation Startup Swvl Raises $42 Million
Swvl, Cairo, Egypt-based bus transportation startup has just raised $42 million in Series C funding round led by BECO Capital (Dubai), otf Jasoor and more...
Funding
Averos Raises Pre-series A Round from Aramco’s Wa’ed Ventures
Averos, a Saudi Arabian tracking startup based out of Makkah, raised an undisclosed Pre-Series A funding round from Saudi Aramco’s Wa’ed Ventures...
Arzooo.com Raises $1 Million from Dubai’s Jabbar Internet Group
Arzooo.com, the Indian reverse auction-based e-commerce platform launched by the two Flipkart's former executives Khushnud Khan and Rishi...
Softbank teams up with Goldman Sachs for the second $100 Billion Raise
SoftBank Group Corp. is working with Goldman Sachs Group Inc. to raise money for its second $100 billion technology investment fund...
Egyptian Startup Orcas raises $500,000 from Algebra Ventures and NFX Ventures
The Egyptian ed-tech startup Orcas that connects students and parents with specialized tutors and babysitters has just raised $500,000...
Facebook Invests in Indian Social Commerce Startup Meesho
Facebook announced today about its investment in Indian social commerce startup Meesho that connects buyers and sellers over social platforms...
UAE Fintech Startup Foloosi Raises Pre-Seed Funding
UAE-based fintech startup Foloosi raised pre-seed funding (amount undisclosed) from angel investor Rashed Alfalasi...
Funding Agreement to be signed between Egypt Govt and World Bank
The objective of the agreement between Egypt and the World Bank is to promote startup culture and job creation for women and the youth...
Indian travel startup Airblack raises $1.5m
Gurugram-based social travel startup Airblack has just raised $1.5 million in seed funding from the venture capital firm SAIF Partners...
Mawdoo3.com Raises $10 Million to Launch Q&A Platform ‘Ujeeb’
Mawdoo3.com, an Amman, Jordan-based encyclopedia in Arabic language has closed its series B round fund with $10 Million fresh fund...
Freshtohome Raises $11 Mn from UAE’s CE-Ventures
Bengaluru-based online fish and meet seller Freshtohome (formerly SeaToHome) has raised $11 million in a Series A round led by CE-Ventures, UAE...
Bapco Raises $4 Billion to Expand Refining Capacity
The non-OPEC gulf oil producer Bahrain Petroleum Co. (Bapco) has raised $4 Billion funding to expand its refining capacity...