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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. Sarbvir Singh, chief executive of Policybazaar, told TechCrunch that the startup had raised $75 million, but didn’t elaborate.

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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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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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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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Dubai-based accounting and financial compliance startup, Wafeq, raises $3M

TechCrunch

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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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. Qureos raises $3M to grow its learn to earn platform. million seed funding it has raised.

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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. “Municipalities are white-labelling the Airspace Link platform and saying, ‘That’s Michigan’s system.’