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Zest Equity, a UAE-based startup digitizing private market deals, raises $3.8M seed funding

TechCrunch

UAE-based Zest Equity, a startup digitizing private market dealings, has raised $3.8 million seed funding to build more tools for enabling fast and transparent transactions by ecosystem players while increasing their liquidity through secondary deals.

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Li Auto says it will push for “major overseas growth” this year

TechNode

Li said many experienced personnel had been moved into the new team early this year, adding that the company is confident it will make significant progress in the overseas market this year. billion) in 2024, dragging its shares on the Nasdaq down more than 4% as of market close on March 14.

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Chinese EV maker Hozon moves into UAE market

TechNode

The news comes months after rival BYDs compact crossover Atto 3 arrived in UAE via an alliance with local dealership Al-Futtaim in June. Geely-affiliated Zeekr signed sales agreements with partners in UAE, Saudi Arabia, Qatar and Bahrain last month. TechNode reporting , Caixin, in Chinese ]

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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. In a recent report, analysts at Bernstein estimated that Policybazaar commands 90% of share in the online insurance distribution market. “India has an under-penetrated insurance market.

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Zenda gets $9.4M to streamline school fee payment and management

TechCrunch

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. The UAE itself is a $8+ billion market for private education fees and they are already well poised to capture leadership.”.

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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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Silkhaus gets $7.75M to digitize short-term rentals across emerging markets

TechCrunch

CEO Aahan Bhojani and Ashmin Varma founded Silkhaus last year after identifying a $13 billion market opportunity for asset owners across emerging markets, particularly MENA, South Asia and Southeast Asia. Frankly speaking, finding a good Airbnb in these markets is like pulling a needle out of a haystack.

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