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    Kuwait's JustClean closes $8 Mn seed funding round

    Kuwait-based laundry marketplace platform JustClean, has on Sunday (20 September 2020) raised $8 million in a series B round led by Faith Capital Holding. Founded in 2017 by Athbi Al Enezi and Nouri Al Enezi, JustClean operates as a business to business (B2B) and business to customer(B2C) marketplace platform, offering on-demand dry cleaning and laundry services. The startup looks to digitise...

    • 9 hrs ago
  • News

    Halal Angels Network launches Khadija RA Initiative to empower 1001 female entrepreneurs globally

    ▸ Inspired by 1001 Arabian Nights as every female entrepreneur has a story to tell ▸ Global platform for female entrepreneurs to showcase their ideas & business ▸ Aimed to boost female entrepreneurs’ participation in economy Launched recently by the Halal Angels Network, the Khadija RA Initiative is the world’s largest and exclusive...

    • 9 hrs ago
  • 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...

    • yesterday
  • 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...

    • 4 days ago
  • 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,...

    • 5 days ago
  • 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...

    • 5 days ago
  • 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...

    • 6 days ago
  • 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...

    • 6 days ago
  • 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),...

    • 6 days ago
  • 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...

    • 6 days ago

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