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Policybazaar has raised $75 million as the Indian online insurance platform looks to expand its presence in UAE and Middle East. billion people currently have access to insurance and some analysts say that digital firms could prove crucial in bringing these services to the masses. A screengrab of Policybazaar website.
Qureos , a UAE-based edtech and remote work marketplace that is changing how people upskill and get jobs across the globe, plans to grow the uptake of its platform by 10 times this year in its race to create 100 million jobs over the next few years. As such, you learn from peers and from the best in the world,” said Epure.
One Impression, an Indian influencer marketing platform that does business in markets including Indonesia, Dubai, Europe and the U.S., The Gurugram-based startup is building an Amazon-like platform to help brands quickly find relevant influencers for their marketing campaigns.
It became clear that the fundamental issue that drivers face is consistent access to vehicles. And that is when we realized that if we are to be successful at solving the challenge of mobility across the continent, we have to first address the issue of vehicle access.”. Photo Credits : MAX.
Micro and small businesses in emerging markets still struggle to access digital payments for several reasons. based fintech Nomod allows these businesses to bypass the card terminal by providing a platform to accept card payments on their phone with no extra hardware. Omar Kassim (Nomod CEO). Australia and Asia.
As the restaurant industry across different cities was massively hit by the pandemic-induced lockdowns last year, food aggregator platforms helped by driving online customers to them. Here’s how the platform works. Since launching in Egypt, Koinz has expanded to Saudi Arabia and the UAE. Koinz is one such startup in Egypt.
Recent research suggests that the e-commerce market in Saudi Arabia, UAE and Egypt account for a combined $21.4 FlapKap , using its revenue-based financing platform (RBF), is helping these stores solve the growth-destructive challenges emerging online stores encounter when trying to meet customer demands.
Cars24, however, has followed a different playbook, exporting its model to several countries in the last year, starting with the UAE (July 2021), and then Australia and Thailand (both in October). Launching in more developed markets like Australia and UAE has seen Cars24 adjusting its approach based on different market factors, he added.
Jordan-based online learning platform Abwaab has raised $20 million in a Series A funding round (following a $5 million seed round in March of this year), making it one of the most funded edtech startups in the Middle East, North Africa and Pakistan (MENAP), a region that encompasses 160 million students.
Now, as its customers chase human-level intelligence, its groundbreaking Blackwell processor and platform is ready. Instead, its actively building platforms for everything from drug discovery (Clara for Biopharma) to autonomous vehicles (Drive AGX) to video production (Holoscan) to digital twins (Omniverse).
Gen Zs in the UAE spend about AED 5B+ every year, and still rely on cash or their parents’ cards despite having options like supplementary cards issued by their parents’ banks. While these options give access to digital payments, they are not fundamentally designed for Gen Z, and this is where we add value,” Kumar, said in a statement. “We
Invygo, a startup operating in UAE and Saudi Arabia, has raised $10 million in its Series A funding led by MEVP as it works to scale its car rental service in the region. On the platform, the company provides car details like model number, year of the make, and kilometers the car has clocked. million to date.
Nigeria-based health tech startup Helium Health has acquired Meddy , a Qatar-headquartered and UAE-based doctor booking platform for an undisclosed amount. However , most platforms in the GCC have use cases that are more vertical than horizontal. Helium Health.
In 2018, he and Akintola Adesanmi — who was no stranger to how rent worked in Nigeria and also desired to effect change — brainstormed Spleet , a platform that partners with apartment owners to list their properties and offers renters options to pay rent monthly, quarterly and biannually. monthly to finance rent payments.
Founder and chief executive officer Khaled Zaatarah launched VUZ, formerly 360VUZ, as a platform to bridge the gap between physical and virtual worlds by offering premium immersive content to a global audience. The web3 platform claims to have reached over 1 billion screen views from over 10 million users since its launch.
Silkhaus , a Dubai-based platform for short-term rentals coming out of stealth, has raised $7.75 But while platforms like Airbnb have fantastically aggregated demand to meet supply in the U.S. million in seed funding, money it plans to use for expansion across South Asia, Southeast Asia and the MENA region. .
Volopay’s platform provides startups and enterprises flexibility by issuing virtual and/or physical prepaid multicurrency corporate cards in their local currency (SGD, AUD, INR, IDR, PHP, etc) with up to 5% cashback on all card transactions. In addition, Volopay will hire aggressively in each of its new markets. .
Each payment integration requires in-house technical work and the remodeling of one’s platform to fit their plugins. . and Europe, payment orchestration platforms such as Spreedly , Zooz and Primer handle a lot of the heavy lifting on behalf of merchants via a unified payments API. In the U.S.,
Uolo , an Indian edtech platform that works with private K-12 schools to offer online learning programs to middle and low-income families, has raised $22.5 million in a funding round led by UAE-headquartered VC fund Winter Capital. Students can access these programs on their parents’ smartphones. million students.
Dubai-based startup Stake is offering retail investors from across the globe to buy fractions of rental property in UAE’s marquee city and earn regular income. The startup, found in 2020, claims that because of Dubai’s real-estate rules it has managed to attract investing users on the platform from over 80 countries in the world.
based VCs Global Founders Capital (GFC) and Goodwater Capital and UAE-based early-stage firm VentureSouq. They say the platform has been launched in Sudan but declined to give specific numbers of customers actively using the product. This investment is coming after the startup’s undisclosed pre-seed round last year.
Following this growth, it is planning on expanding to Egypt and the UAE, while doubling down on Saudi Arabia, against the backdrop of $5 million pre-Series A funding it has raised, in a round led by Europe-based VC Speedinvest, which marked its debut into Saudi Arabia, and RAED Ventures, with participation from MENA focused VC firm Wamda Capital.
Until last September, Tabby, which allows users to shop with flexible payments online and in-store from global brands, including H&M, Adidas, IKEA, noon and Bloomingdale’s, was active in Saudi Arabia, UAE and Kuwait. Dubai-based buy now, pay later platform tabby raises $50M at $300M valuation.
Zypp Electric, an Indian startup that offers an EV-as-a-service platform catering to e-commerce companies and gig workers, has received a $25 million investment led by Taiwan’s battery-swapping giant Gogoro. The startup is eyeing Southeast Asia, the UAE and Europe as its first potential global markets.
Indian fitness platform Ultrahuman is expanding its wearable portfolio by launching a smart ring to boost its ability to provide tech loving ‘biohackers’ — and, it hopes, health-concerned Boomers — with more insightful metabolic insights. “Different platforms optimize for different things.
Today, it has about 850 clients and over $4 trillion in client assets on its platform. Collective , an all-in-one back-office finance platform for the self-employed, which has raised over $28 million in funding, is hiring for five roles across engineering, marketing and member services (tax, accounting). billion valuation.
With nearly 400 employees, the combined company will “have a very unique ability to transform entire B2B Payments ecosystems in each country we operate because of our combined scale and access to resources,” wrote Yaydoo CEO Sergio Almaguer in an email. Today the U.S. Today the U.S. ” Image Credits: Paystand/Yaydoo. Weekly News.
Los Angeles–based B Generous , a self-described “fintech for good” platform, has launched Donate Now, Pay Later (DNPL) , a new tool it says allows donors “to make contributions to their favorite nonprofits through a proprietary philanthropic credit product called a Point of Donation Loan (PoDL). Fintech for good? Anita Ramaswamy digs in here.
Finally, i f you, like me, are curious about how micromobility platforms are unlocking profits, and what tech is enabling this, you’re going to want to pay attention to this one. As part of that program, Bird is piloting a motorized wheelchair attachment to find ways to increase mobility access for people with disabilities. .
” He also joked that he was the “White House’s tech support,” borrowing from his profile on the social platform X, which he owns. That’s included sidelining career officials, gaining access to sensitive databases and inviting a constitutional clash over the limits of presidential authority.
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