MENAbytes Today: Mahmoud Ibrahim on growing Homzmart 30x in a year, expansion plans, and more

May 19, 2021
Zubair Naeem Paracha

Homzmart, a Cairo-based furniture ecommerce marketplace has raised $15 million in a Series A led by MSA Capital and Nuwa…

Sarmayacar helps launch TruckSher to bet on trucking industry of Pakistan

Sarmayacar, a Pakistan-focused VC has announced earlier this month that it has helped launch (and invested in) a trucking marketplace…

May 18, 2021

Egypt’s Homzmart raises $15 million Series A to grow its furniture marketplace

Cairo-based furniture ecommerce marketplace Homzmart has raised $15 million in a Series A led by MSA Capital and Nuwa Capital,…

May 18, 2021

MENAbytes Today: Telda’s co-founder on how they raised MENA’s largest pre-seed from Sequoia, when they’re launching, and more

Telda, the Egyptian fintech founded and led by Swvl's former CTO Ahmed Sabbah announced the closing of its $5 million…

May 18, 2021

Egyptian ecommerce logistics startup Bosta raises $6.7 million Series A, plans expansion to Saudi

Cairo-based ecommerce logistics startup Bosta has raised $6.7 million in a Series A round led by Amman-based global VC Silicon…

May 17, 2021

Egyptian fintech Telda raises $5 million in a pre-seed led by Sequoia

Telda, an Egyptian digital banking startup for Gen Z has raised $5 million in the region's largest pre-seed led by…

May 17, 2021

Dubai’s Mamo raises $8 million for its digital wallet and payments platform

Dubai-based fintech Mamo has raised $8 million in a pre-Series A round led by Global Ventures, it announced in a…

May 17, 2021

Dhaka’s Alice Labs raises $500,000 seed for its multi-channel ecommerce customer service platform

Alice Labs, a Dhaka-based SaaS startup that offers a multi-channel customer service solution to online businesses, has raised $500,000 in…

May 11, 2021

Saudi’s Grintafy partners with West Ham United to help the English football club discover amateur talent

Grintafy, a Jeddah-based football talent discovery platform has signed an exclusive partnership with the English football club West Ham United.…

May 8, 2021

Saudi’s Sary raises $30.5 million Series B for its B2B ecommerce marketplace, hits $500 million in annualized GMV

Saudi B2B ecommerce marketplace Sary has raised $30.5 million in a Series B round led by VentureSouq, it announced today.…

May 6, 2021