TechCrunch

MARCH 17, 2021

Policybazaar has raised $75 million as the Indian online insurance platform looks to expand its presence in UAE and Middle East. The platform also sells loans, credit cards and mutual funds. To fill funding gaps, VCs boost efforts to find India’s standout early-stage startups.

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TechCrunch

APRIL 24, 2022

Zenda , a UAE-based startup looking to change how parents pay school bills, and the way educational institutions manage fee collection, is eyeing Africa as its next frontier for growth. million seed funding it has raised. million seed funding it has raised.

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TechCrunch

FEBRUARY 21, 2023

Amazon, through its India-focused Smbhav Venture Fund , has led a $104 million Series D financing round in the Bengaluru-headquartered startup, the two said Tuesday. This is the largest check that the $250 million Smbhav Venture Fund has written so far. The new round takes FreshToHome’s all-time raise to over $250 million.

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TechCrunch

MARCH 14, 2023

has raised $10 million in a funding round led by the South Korean gaming company Krafton. The Krafton-led, all-equity Series A funding round also saw participation from Peer Capital. Krafton backs Indian influencer marketing platform One Impression in $10M funding by Jagmeet Singh originally published on TechCrunch

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TechCrunch

DECEMBER 19, 2021

MAX ) is planning to enter more markets across Africa as it races towards formalizing the continent’s transportation sector after securing $31 million in Series B funding. The funds will also be used to extend vehicle financing credit to over 100,000 drivers in the next two years.

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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

DECEMBER 8, 2021

San Francisco-based venture debt fund Partners for Growth funded Opontia’s debt financing. In terms of the biggest markets for us, it’s Poland, Turkey, Saudi, UAE, Nigeria, after that is Egypt and Pakistan.” Angel investors Salman Butt of Salla and Wiktor Namysl of McKinsey Poland joined, as well.

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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

AUGUST 9, 2021

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. . Trendyol , an e-commerce platform based in Turkey, has raised $1.5

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TechCrunch

DECEMBER 16, 2021

It pushes the company’s total funding to north of $600 million, while placing its valuation “well” north of $1 bililion, earning its place as Europe’s first vertical farming unicorn. ” Much of the funding will go toward Infarm’s international expansion plans, with sights set on the U.S., The Bowery Farming TC-1.

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Qatar International Raise North America 107

TechCrunch

NOVEMBER 15, 2021

million in seed funding at a valuation of $50 million. This suite of services is essential in the primary markets in which Nomod is aiming to build a significant merchant base, like Saudi Arabia, the UAE and Bangladesh. 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

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. Roughly 200 cars are available for subscription in Saudi Arabia and 100 in UAE on the platform on a typical day. million to date.

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Saudi Arabia UAE Raise Qatar 98

TechCrunch

AUGUST 22, 2021

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. A commission-based model is used and Odiggo charges the car suppliers 20% commission on every transaction.

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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.

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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

AUGUST 31, 2021

At the same time, it has raised $35 million in a Series C funding round led by UAE-based investor Mubadala. Now the Amsterdam HQ-d startup is rebranding as “ Borzo ” to bring its operation in 10 different countries under one. Also participating were VNV Global, RDIF, Flashpoint Venture Capital and others.

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Russia Malaysia Philippines Raise 100

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

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. . I t is set to open an R&D center in Canada, the spokesperson added. .

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TechCrunch

MAY 24, 2021

Today his startup — which builds AI-based personalized learning, including test prep, for students — is announcing a major funding round to help it position itself as a player in that process. Seoul-based Riiid has closed a funding round of $175 million, an equity round coming from a single backer, SoftBank’s Vision Fund 2.

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TechCrunch

OCTOBER 4, 2022

million seed funding led by Los Angeles–based early-stage VC firm MaC Venture Capital. One, startups are building solutions identical to other emerging markets, such as QuintoAndar in Latin America, Huspy in the UAE and NoBroker in India. Now it is announcing the completion of its $2.6

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TechCrunch

FEBRUARY 28, 2022

Since Volopay has entered the Singaporean and Australian markets, the startup now eyes the entire APAC region and MENA countries such as UAE, Saudi Arabia and Egypt, Rajith said in an interview, adding that the growth prospects in those countries are immense. .

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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.

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TechCrunch

JULY 11, 2022

Rumors have been circulating for at least the past month that Sweden-based Klarna, best known as a “ buy now, pay later ” service provider, was seeking to raise new funds. Initial reports suggested this valuation would be in the region of $15 billion, representing a sharp decline on its $45.6 billion valuation exactly a year ago.

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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. Meddy currently serves more than 150 private clients within the UAE and Qatar. Nigeria’s Helium Health raises $10M Series A for Africa expansion. The company, backed with just $1.8

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TechCrunch

MARCH 6, 2022

The BNPL provider has raised $104 million in total Series B funding and plans to use this extension round to expand its consumer product offering and facilitate its international expansion, it said in a statement. Its two main markets are Saudi Arabia and the UAE. What’s your BNPL startup really worth?

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TechCrunch

OCTOBER 31, 2021

million in seed funding. The idea behind such a daring move — which appears to be a bit of a stretch considering the timeline — comes from the founders’ ambition to change an industry that has lagged behind other regions in the wider GCC, such as Saudi Arabia and the UAE, in terms of e-commerce penetration.

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TechCrunch

NOVEMBER 14, 2022

million in seed funding, money it plans to use for expansion across South Asia, Southeast Asia and the MENA region. . Silkhaus’s engineering team, split across the UAE city and Bangalore, is currently building out its technology stack, the company said in a statement.

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TechCrunch

APRIL 6, 2022

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.

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Platform Learning Africa Raise 88

TechCrunch

NOVEMBER 29, 2021

million it has raised in the pre-seed round to fund expansion within the U.A.E. We plan to use the majority of newly secured funding to boost our growth. We see that the level of development of the e-grocery in the UAE is far from Russia, where express delivery services have achieved incredible success.

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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

APRIL 18, 2022

Africa-focused fund 4DX Ventures and UAE-based venture capital firms Nuwa Capital and Shorooq Partners led the round, one of the largest in Egypt after Rabbit, Telda and Milezmore. 4DX Ventures closes second fund with $60M, adds Dikembe Mutombo as senior advisor. Following two years of bootstrapping, the company has raised $4.5

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Egypt Africa Raise UAE 99

TechCrunch

FEBRUARY 14, 2022

based MoneyHash is one such company, emerging from beta with $3 million in pre-seed funding. The Middle Eastern early-stage fund also led this extension, with participation from previous backers in the initial pre-seed round and others like VentureSouq, VentureFriends, The Continent Venture Partners, Nuwa Capital and First Check Africa.

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TechCrunch

DECEMBER 7, 2022

million in a funding round led by UAE-headquartered VC fund Winter Capital. million funding has come through an equity-debt mix Series A round, seeing participation from Uolo’s existing investors Blume Ventures and new Dubai-based fund Morphosis Venture Capital — alongside Winter Capital. million students.

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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 funding round was led by iHeartMedia, Aisha reports. Manish has more. The app is then blasted to 16 investors. And with that, we hope you have a Google day!

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Canada License Platform Raise 94

Amy Sample Ward

JUNE 28, 2010

UAE residents also have one of the largest ecological footprints on our planet. PS: Financers will of course be rewarded a stake in the eventually funded entity. Where did the idea for Picky Polly come from? Since moving to Dubai over 3 years ago, I’ve observed that this city is the epitome of excessive consumption.

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TechCrunch

OCTOBER 11, 2021

SkyCell , a Swiss company developing smart containers for transporting medicines and vaccines, is announcing a significant round of funding. This round brings the company’s total funding to $133 million.

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