Laffaz News
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News Alsaree3 - Iraqi foodtech startup raises six-figure seed funding
ⓘ Featured image: Bassam Al-Ateia, Founder & CEO of Alsaree3 Alsaree3, a Baghdad, Iraq-based food delivery app and its sister company Al Zajel, have recently closed a 6-figure seed funding round led Iraq Tech Ventures and Shwan Ibrahim Taha, Chairman of Rabee Securities. The company in a press release revealed that the investment round was closed in August. The round also...
- 12 hrs ago
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News Google removes Paytm app from Google Play Store due to policy violation
Google on Friday (18 September 2020) has reportedly removed the popular payments and e-wallet app Paytm from Google Play Store. Google claims that the apps prohibit Play Store policy by processing gambling and betting related payments. Paytm’s other proprietary android apps including Paytm for Business, Paytm Money, Paytm Mall, Paytm Instore Orders, Paytm Mall Store...
- 3 days ago
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News India's edtech unicorn BYJU'S acquires LabInApp
ⓘ Featured image: A file-photo of Byju Raveendran, Founder & CEO of BYJU’s Edtech unicorn BYJU'S on Thursday (September 17 2020) acquired LabinApp, an edtech startup backed by Unitus Ventures. The amount of acquisition has not been disclosed yet. As a part of the acquisition, Unitus will take exit from the company. Founded in 2015 by Pavan Shinde, Girish Shirigannavar, Pramod Ramdurg,...
- 4 days ago
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News New York's Endeavor Catalyst raises $134 Mn for Fund III from Careem & more
ⓘ Featured image: A file-photo of Linda Rottenerg, Co-founder & CEO of Endeavor Catalyst; Credits: Endeavor.org The New York, US-based venture capitalist Endeavor Catalyst yesterday (16 September 2020) announced that it has raised $134 million for its Fund III. The fund focuses on investing in startups founded by entrepreneurs in Endeavor’s network, especially...
- 4 days ago
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News Delhi's EkAnek raises $5.4 Mn funding from UAE's Alpha Wave Incubation
Delhi-based EkAnek on Monday raised $5.4 million (around INR 40 crore) in a Series A1 round led by UAE’s Alpha Wave Incubation (AWI) Fund, a $300 million venture fund managed by Falcon Edge Capital. The round also saw participation from EkAnek’s existing investors including Matrix Partners India, Sequoia Capital India, and Lightspeed India. EkAnek is the parent company...
- 5 days ago
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News Egypt's Road Runner raises six-figure seed funding
Cairo, Egypt-based logistics startup Road Runner, on Monday (14 September 2020) raised a six-figure seed investment from several angel investors. Neither of the funding amount nor the names of the investors has been disclosed by the company yet. Founded in 2019 by ex-Delivery Hero, Khaled Taha and Ahmed Radi, Road Runner offers a quick on-demand delivery service to businesses, primarily...
- 5 days ago
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News UAE's Spartech Ventures invests $12 Mn in a Series A funding round for UK's BibliU
ⓘ Featured image: BibliU co-founders, from left: Daniel Engelke, Dave Sherwood, and Tao Mantaras London, UK-based BibliU, an edtech startup on Sunday (13 September 2020) announced that it has raised $12 million in a Series A funding round from UAE-based Spartech Ventures. Founded in 2015 by Dave Sherwood (CEO), Tao Mantaras (CFO), and Daniel Engelke (CTO),...
- 5 days ago
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News Egypt's eSports startup Anubis secures $300K seed funding
Anubis Gaming, a Cairo, Egypt-based startup on Monday (14 September 2020) has raised $300K seed funding from a regional e-commerce group. Anubis was launched in 2015 by Youssef Mohsen to revolutionize the online gaming and eSports industry across the MENA region. According to Crunchbase, the company has secured a total of $750K until now across 4 funding rounds, and none of the investor...
- 5 days ago
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News Egypt's healthtech platform Rology raises $860K Pre-Series A funding
Cairo, Egypt-based Rology, an on-demand teleradiology platform matching radiology scans coming from hospitals with radiologists, has successfully raised $860K in a Pre-Series A funding round, led by HIMangel, with participation from Dubai Angel Investors (DAI), The Asia Africa Investment & Consulting, and Athaal Group. Amr AboDraiaa, Rology's CEO and Co-Founder said, ...
- 7 days ago
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News DIFC and Dubai Future Foundation partners to make Dubai a leading city of the future
ⓘ Featured image: H.E. Khalfan Belhoul (L), CEO, Dubai Future Foundation; and Arif Amiri, CEO, DIFC Authority Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, has reaffirmed its commitment to driving the future of finance by signing a Memorandum of Understanding (MoU)...
- a week ago
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