Sheikh Saeed bin Ahmed Al Maktoum Invests in Car Rental Platform Urent
Ever imagined Airbnb for cars? Well, there is one - Urent is a new online platform that aims to revolutionise the UAE car rental industry.
Startups
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...
Glovo Returns to Egypt in Charge of Breaking the law
Barcelona, Spain-based logistic startup Glovo who announced exit from Egypt in April this very year has returned by resuming services again...
Eksab – Egypt-based eSports Platform Raises Seed Fund from 500 Startups
Eksab, the leading Daily Fantasy Sports (DFS) platform in MENA and the GCC, announced a six-figure seed investment from 500 Startups...
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...
UAE Fintech Startup Foloosi Raises Pre-Seed Funding
UAE-based fintech startup Foloosi raised pre-seed funding (amount undisclosed) from angel investor Rashed Alfalasi...
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...
Fintech Startup EnKash Raises $3 million from Mayfield & Axilor
Yadvendra Tyagi, Co-founder and CEO of EnKash, shared that the funds will be utilized to further boost the business growth of the company.