TechCrunch

DECEMBER 19, 2021

Today, one of the startups that’s seeing a lot of growth as a result of that is announcing a big round of funding to further tap the opportunity. Cars24 is not only on a scaling, but also a funding, tear: it additionally raised $200 million last December, putting the total raised in the last year to about $840 million.

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TechCrunch

JANUARY 24, 2023

The United Arabs Emirates (UAE) and Saudi Arabia became the first member states to adopt the treaty in 2018, and its implementation meant that for the first time businesses in these territories were required to file VAT returns periodically. Wafeq is a ratified provider in Saudi Arabia, and the UAE (e-invoicing is not mandatory there yet).

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TechCrunch

AUGUST 23, 2022

Dubai-based Zywa, a neobank for Gen Z, plans to fuel its growth in the United Arabs Emirates (U.A.E), and to kick-start its expansion to Saudi Arabia and Egypt after raising $3 million seed funding at over $30 million (110 million AED) valuation. The new funding follows the $1 million pre-seed backing it secured in February this year.

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TechCrunch

JANUARY 27, 2022

Alpha Wave Global (formerly called Falcon Edge Capital), which led the seven-year-old startup’s previous funding , has returned alongside Tiger Global to co-lead a $250 million Series F financing round, the startup said. Moglix has more than doubled its valuation to about $2.6

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TechCrunch

MARCH 29, 2023

In-suring new funds : India-based insurtech company Acko, which is already backed by Amazon, is in talks for $120 million in new funding. The platform they’ve been using is Seed Checks. The funding round was led by iHeartMedia, Aisha reports. Manish has more. The app is then blasted to 16 investors. Is that you, Bob?

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TechCrunch

NOVEMBER 15, 2021

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. million in seed funding at a valuation of $50 million. In the UAE, it can take nearly six months to set up a business bank account. The company has raised $3.4

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TechCrunch

AUGUST 9, 2021

Trendyol , an e-commerce platform based in Turkey, has raised $1.5 billion in a massive funding round that values the company at $16.5 General Atlantic, SoftBank Vision Fund 2, Princeville Capital and sovereign wealth funds, ADQ (UAE) and Qatar Investment Authority co-led the round. .

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Fast Company Tech

MARCH 18, 2025

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). AI companies like OpenAI.

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TechCrunch

AUGUST 22, 2021

Egypt and Dubai-based auto tech startup Odiggo is a platform addressing this problem. Over 50,000 car owners across three markets — Egypt, the UAE and Saudi Arabia — use Odiggo. Odiggo will use part of the funding to continue developing its tech and dashboard software, he said.

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TechCrunch

JUNE 22, 2022

With $23 million in new backing, the company now plans to take its platform to other countries looking to get their drone industries off the ground. “Municipalities are white-labelling the Airspace Link platform and saying, ‘That’s Michigan’s system.’

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TechCrunch

MARCH 8, 2021

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.

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TechCrunch

NOVEMBER 15, 2021

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. Abwaab on tablet.

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TechCrunch

OCTOBER 31, 2022

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.

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TechCrunch

NOVEMBER 10, 2021

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.

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TechCrunch

OCTOBER 4, 2022

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.

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TechCrunch

OCTOBER 7, 2021

The acquisition comes after the company’s latest $175 million Series D round from SoftBank’s Vision Fund 2 in May. Riiid has said it will continue to fuel its global expansion with the funding. . Byju’s acquires coding platform Tynker for $200 million in US expansion push. Canada, Brazil, and Vietnam. .

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TechCrunch

MAY 10, 2022

million funding it has just secured. Mylerz growth funding round was led by Lorax Capital Partners, an Egypt-based private equity firm with participation from Fawry, one of the biggest e-payment companies in Egypt. “Our Manara gets $3M to grow tech talent pool in the Middle East and North Africa.

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TechCrunch

FEBRUARY 28, 2022

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. Volopay’s Series A round, for example, was led by JAM Fund, an existing investor.

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TechCrunch

OCTOBER 13, 2022

Investors in the round include Caruso Ventures, Vision VC Fund, e& capital, investment pillar of e& (formerly known as Etisalat Group), DFDF (Dubai Future District Fund), WIN (Webit Investment Network), SRMG, Elbert Capital, and Yasta Partners, Faith Capital, Panthera Capital. Seven existing investors participated as well.

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TechCrunch

NOVEMBER 14, 2022

Silkhaus , a Dubai-based platform for short-term rentals coming out of stealth, has raised $7.75 million in seed funding, money it plans to use for expansion across South Asia, Southeast Asia and the MENA region. . But while platforms like Airbnb have fantastically aggregated demand to meet supply in the U.S.

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TechCrunch

FEBRUARY 14, 2022

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.,

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TechCrunch

MARCH 14, 2022

.” The company closed a $27 million round led by Red Dot Capital , with participation from strategic philanthropy investors Menomadin Foundation , Smart Agro Fund and others. The round brings SupPlants’s total funding to date to more than $45 million. Our solution enables the UAE to save 70% of its water consumption.

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TechCrunch

MARCH 6, 2022

Tabby , the Dubai-based buy now, pay later (BNPL) platform that lets users shop, pay later and earn cash from over 3,000 global brands, including Adidas, IKEA and Bloomingdale, has completed a Series B extension of $54 million. Its two main markets are Saudi Arabia and the UAE. The company has over 1.1

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TechCrunch

DECEMBER 7, 2022

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. Schools tying up with Uolo get an ERP platform called the Uolo School Platform for free.

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TechCrunch

MARCH 24, 2021

As the Ubers of the world continue to scale, a smaller on-demand transportation startup has raised some funding in Germany, underscoring the opportunities that remain for startups in the space targeting specific service niches. Blacklane is on the road to building a profitable on-demand transportation platform.

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TechCrunch

FEBRUARY 17, 2022

While incumbents have pioneered various enterprise resource planning (ERP) systems to digitize these processes, companies would still get four to five different software platforms to complete multiple tasks. CDG Invest, Y Combinator, Flexport, Swiss Founders Fund, Outlierz Ventures, and a few angel investors from the U.S.,

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TechCrunch

FEBRUARY 8, 2023

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. This round included $5 million in debt from global impact fund IIX and an undisclosed national bank. million, including $7.5

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TechCrunch

FEBRUARY 7, 2023

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.

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TechCrunch

FEBRUARY 19, 2023

This will include everything from funding rounds to trends to an analysis of a particular space to hot takes on a particular company or phenomenon. Today, it has about 850 clients and over $4 trillion in client assets on its platform. Every week, I’ll take a look at the hottest fintech news of the previous week.

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TechNode

AUGUST 8, 2023

In 2017, iMile was founded by Rita Huang, a former employee of Chinese tech giants Huawei and Alibaba Cloud, in Dubai, UAE. In 2021, TikToks parent company ByteDance participated in the companys Series A funding round with an investment of $10 million. The company targets the Middle East delivery market.

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TechCrunch

AUGUST 7, 2022

This will include everything from funding rounds to trends to an analysis of a particular space to hot takes on a particular company or phenomenon. The company has raised over $86 million over its lifetime and counts NewView Capital and SoftBank’s SB Opportunity Fund among its backers. Another day, another Q2 funding report.

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TechCrunch

JULY 19, 2022

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.

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TechCrunch

JANUARY 17, 2023

According to a statement shared by the Dubai-based company, the funding will be used to expand Tabby’s product line into a plethora of consumer financial services and support the company’s growing operations that now include Egypt. Dubai-based buy now, pay later platform tabby raises $50M at $300M valuation.

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TechCrunch

AUGUST 28, 2022

This will include everything from funding rounds to trends to an analysis of a particular space to hot takes on a particular company or phenomenon. Rowe Price reduced the value of its stake in Stripe, part of its Global Technology Fund, the latest reduction in its worth is not unique. Fundings and M&A. Seen on TechCrunch.

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TechCrunch

JANUARY 21, 2021

The Yozma Programme (Hebrew for “initiative”) from the government, in 1993, was seminal: It offered attractive tax incentives to foreign VCs in Israel and promised to double any investment with funds from the government. Over the last decade, startup funding for Israeli entrepreneurs increased by 400%. billion, from $6.51

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TechCrunch

MARCH 28, 2022

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. million Series A led by Ecosystem Integrity Fund. . Skyports , an electric air taxi infrastructure provider, raised $23 million in a Series B. .

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TechCrunch

APRIL 25, 2022

Zenda is digitizing school pay in Africa : As someone preparing to send my oldest to college in two short years, I was intrigued by Annie ’s coverage of how UAE-based Zenda is helping parents on the other side of the world, with its sights now set on Africa, pay school fees online rather than having to provide bank deposit slips as proof of payment.

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