UAE-based e-commerce platform Best Kept Shared acquired peer-to-peer fashion resale platform BAZAARA for an un ..Read More

UAE-based e-commerce platform Best Kept Shared acquired peer-to-peer fashion resale platform BAZAARA for an undisclosed amount. The acquisition strengthens Best Kept Shared's presence in the P2P fashion market by integrating BAZAARA’s network into its existing platform. This move expands the platform's offerings, providing customers with enhanced options for buying, selling, and renting pre-owned fashion items.
Read Less

• Ecommerce

UAE-based fintech Abhi has secured $15 million in debt financing led by Shorooq Partners and Amplify Growth Pa ..Read More

UAE-based fintech Abhi has secured $15 million in debt financing led by Shorooq Partners and Amplify Growth Partnership. Founded in Pakistan in 2021 by Ali Ladhubhai and Omair Ansari, Abhi focuses on financial inclusion for employees and SMEs in the MENAP region. The new funds will help Abhi scale operations and expand its earned wage access (EWA) services for blue- and white-collar workers.
Read Less

• Fintech

UAE-based podcast distribution platform, Podeo raised $5.4 million in Series A funding, led by Oraseya Capital ..Read More

UAE-based podcast distribution platform, Podeo raised $5.4 million in Series A funding, led by Oraseya Capital. After amassing 50 million subscribers, Podeo aims to expand into Latin America, Eastern Europe, and Southeast Asia. Other participants in this round include Ibtikar Fund, Cedar Mundi Ventures, Samarium, iSME, and Razor Capital.
Read Less

• Media & Entertainment

Amplify Growth Partnership launched a $100 million growth debt fund to support tech-focused companies in the M ..Read More

Amplify Growth Partnership launched a $100 million growth debt fund to support tech-focused companies in the MENA region, particularly in the GCC. Established in partnership with Ajeej Capital and Nuwa Capital, the fund is led by Sharaf Sharaf and has already closed its first deal with a fintech company in Saudi Arabia.
Read Less

• Tech-focussed

UAE-based automotive SaaS startup, Seez raised $4.2 million from international investors to support its expans ..Read More

UAE-based automotive SaaS startup, Seez raised $4.2 million from international investors to support its expansion into the US market. This funding will enable Seez to tap into one of the largest automotive markets globally, enhancing its growth potential and strengthening its position in the industry.
Read Less

• Autotech

UAE-based fintech FlapKap has secured new funding led by BECO Capital, with notable investment from Pact VC an ..Read More

UAE-based fintech FlapKap has secured new funding led by BECO Capital, with notable investment from Pact VC and follow-on contributions from A15, Nclude, QED Investors, along with debt financing from Channel Capital. This brings FlapKap's total funding to $37.6 million.
Read Less

• Fintech

UAE-based fintech Ziina has secured new funding led by US-based Altos Ventures, with participation from Fintec ..Read More

UAE-based fintech Ziina has secured new funding led by US-based Altos Ventures, with participation from Fintech Collective, Avenir Growth, Activant Capital, Y Combinator, FJ Labs, MEVP, and Jabbar Internet Group. This investment will support Ziina's expansion from a payments solution to offering comprehensive financial services, starting with the upcoming ZiiCard.
Read Less

• Fintech

UAE-based HRtech Cercli has secured funding led by Afore Capital, with participation from COTU Ventures, Y Com ..Read More

UAE-based HRtech Cercli has secured funding led by Afore Capital, with participation from COTU Ventures, Y Combinator, Rebel Fund, and notable individual investors. Founded in 2023, Cercli helps businesses eliminate human error and reduce compliance costs. The investment will support its growth and talent acquisition efforts.
Read Less

• HRtech