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SoftBank-backed Indian insurance platform Policybazaar raises $75 million

TechCrunch

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. Within the under-penetrated landscape, digital distribution through web-aggregators like Policybazaar forms <1% of the industry.

Platform 119
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The most innovative companies in artificial intelligence for 2025

Fast Company Tech

The AI industry hit a significant bend in the road toward artificial general intelligence in 2024. And all the while a small AI lab in China was quietly developing new AI models, including reasoning models, that would begin sending shockwaves through the AI industry by the end of 2024. The rest of the industry has followed its lead.

Companies 107
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The First AI Center of Excellence Announced in the United Arab Emirates – Powered by DataRobot

DataRobot

As Senior Technical Analyst at GlobalData, Beatriz Vale explains “It will be exciting to follow the evolution of the new AI CoE, in the stimulating environment offered by Hub71, and within the context of the fast-growing market of Abu Dhabi and the UAE, the second largest economy in the Arab world.” Industry Analyst Report.

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Qureos raises $3M to grow its learn to earn platform

TechCrunch

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.

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Egypt’s customer engagement platform for F&B brands in MENA, Koinz, raises $4.8M seed

TechCrunch

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. Next, the unit economics of the food aggregation industry is quite challenging. Here’s how the platform works. million seed round.

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Krafton backs Indian influencer marketing platform One Impression in $10M funding

TechCrunch

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.

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Airspace Link’s drone tracking platform gathers government customers before going global

TechCrunch

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. “The drone industry for beyond line of sight, things like food delivery, have been held back by this,” said CEO Michael Healander.