almentor Raises $10M in Series C Funding
almentor, a Dubai, UAE-based provider of an online video learning platform in Arabic, raised $10M in Series C funding.
Dubai
Qstay Hospitality Technologies Raises $6.5M in Seed Funding
Qstay Hospitality Technologies, a Dubai, UAE-based DIFC based hospitality company, raised $6.5M in Seed debt and equity funding.
Ripple Acquires 40% Stake in Tranglo
Ripple, a provider of enterprise blockchain solutions for global payments, is to acquire 40% of Asian cross-border payments specialist Tranglo.
Nomad Homes Raises $4M in Seed Funding
Nomad Homes, a Dubai, UAE-based proptech startup, raised $4m in seed funding.
Dubai Future Accelerators Program Launches Third Call
The Dubai Future Accelerators program has launched its third call.
Fetchr Closes $11M Series A Funding
Fetchr, a Dubai-based provider of a package delivery app, closed $11m Series A funding. The round was led by New Enterprise Associates (NEA). The company intends to use the funds to launch the mobile application in the Appstore and Google Play, as well as accelerate product development. Co-founded by CEO Idriss Alrifai and Joy Ajlouny, […]
Namshi Raises $13M in Funding
According to multiple reports, Namshi, the Middle East-based online fashion store backed by Rocket Internet, raised $13m in funding. The backer was Summit Partners. The company is using the funds to grow operations and expand its presence and market position in the Middle East. Namshi currently sells Men’s, Women’s and kids’ clothing, shoes, and accessories […]