UAE’s Cashee raises $1 million pre-Seed
Cashee, a UAE-based fintech and edtech startup has successfully raised a $1 million pre-Seed funding round. Cashee provides a prepaid…
MobiKwik Valued At $700 Mn After $20 Mn Round From Abu Dhabi Investment Authority
Gurugram-based payments and financial services startup MobiKwik has raised $20 Mn from the United Arab Emirates (UAE) sovereign wealth fund…
UAE’s Mumzworld acquired by Saudi’s Tamer Group
Saudi-based Tamer Group acquires a majority stake in Mumzworld, the UAE-based mother, baby and child (MBC) e-commerce platform, for an undisclosed sum….
Dubai’s Eyewa raises $21 million Series B to expand its
Dubai-headquartered eyewear startup Eyewa has raised $21 million in a Series B co-led by Kingsway Capital and Nuwa Capital, it announced in…
Dubai plastic waste-to-clothes startup looks to KSA
The company converts plastic bottles — collected from schools, events and businesses across the city — into clothes The UAE…
ADIB announces digital account opening for SMEs
Abu Dhabi Islamic Bank (ADIB), today announced that it launched a digital account opening system to enable SMEs to open…
UAE-based Alma Health secures investment from Oryx Fund
Alma Health, an Abu Dhabi-based healthcare startup has announced it has received funding from the Hambro Perks Oryx Fund, a dedicated venture fund…
Wellbeing Nutrition raises $2.2M in Series A funding from Fireside Ventures
This is the second investment for the Mumbai-based nutraceuticals startup in June 2021. Here’s what is attracting investors towards Wellbeing…
Fintech funding record: Dubai-based Tabby raises $50mln in debt financing
The company raised $50mln in debt financing from Partners for Growth Dubai-based buy-now, pay-later company Tabby has raised $50 million…
Generation Start-up: FortyGuard looks to mitigate effects of extreme heat on cities
Company is applying special coatings to surfaces and using AI to find ways to reduce ambient temperatures in a cost-effective…