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Y Combinator, 500 Startups, Plug and Play invest in Odiggo’s $2.2M seed round

TechCrunch

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. It’s a cycle that can lead to more expensive repairs and safety issues down the line, and no car owner likes that.

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MaxAB, an Egyptian B2B e-commerce platform for food and grocery supplies, nabs $40M

TechCrunch

Last year, MaxAB , the food and grocery B2B e-commerce and distribution platform serving a network of traditional retailers across Egypt and Morocco, raised its $55 million Series A in two tranches ; the latter accompanied its acquisition of the Morocco-based and YC-backed WaysToCap. For MaxAB, that’s its sweet spot.

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Sequoia Capital India, STV back Dubai-based BNPL provider tabby in $54M extension round

TechCrunch

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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Taking Social Media to Saudi

Amy Sample Ward

A few weeks ago I had the opportunity to travel to Saudi Arabia to teach a course at King Abdullah University of Science and Technology as part of the Winter Enrichment Program. A hammer isn’t fundamentally different in Saudi as it is in Wyoming. Social media platforms (tools!)

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Short video platform Kuaishou to bet on the Middle East, North Africa, and Brazil markets: report

TechNode

Chinas second-largest short video platform Kuaishou is planning to open an office in Riyadh, the capital of Saudi Arabia, soon, according to a report by the South China Morning Post quoting Kuaishous chief financial officer Jin Bing.

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Bosta raises $6.7M to expand e-commerce delivery business across Africa and MENA

TechCrunch

As co-founder and COO at Lynks, Ezzat was responsible for logistics, international clearance and last-mile delivery. He also claims that more than 2,200 businesses use its platform daily and achieve a 95% delivery success rate. This is the main target for us now and also to start operations in Saudi Arabia.”

Africa 99
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Singapore-based Volopay accelerates APAC and MENA expansion with $29M Series A

TechCrunch

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. .