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.
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.
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...
Foodora Co-Founder Julian Dames Invests in Elmenus and Joins the Board
Julian Dames, Co-founder of Foodora and the VP International Marketing of DeliveryHero has invested in Elmenus and joins board of advisors...
Beirut-based InsurTech Startup BSynchro Raises $1 Million
BSynchro Holding SAL has recently raised $1 Million to develop BSynchro’s multi-purpose suite of products for insurance-related companies...
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...
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...