Posts By Zubair Naeem Paracha
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5.0KEcosystemMubadala launches $150 million fund of funds and $100 million direct fund, to invest in startups in MENA
UAE’s sovereign wealth fund Mubadala that has been actively making direct and indirect investments in the American and European startups for years...
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3.1KInvestmentsDubai’s Ziwo closes Series A for its cloud-based contact center that comes with virtual phone numbers
Dubai-based cloud contact center software startup Ziwo has closed its Series A, it announced last week without sharing financial details of the...
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3.8KNewsSaudi’s Dailymealz expands its subscription-based food delivery service to Kuwait
Dailymealz, a Saudi subscription-based (mainly healthy) food delivery startup has expanded to Kuwait, it told MENAbytes today. Kuwait is the first overseas...
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4.7KEcosystemWamda X, the grant-based idea-stage program for entrepreneurs in MENA is now accepting applications for its second cohort
Wamda X, the idea-stage grant-based fellowship program launched by Wamda last year is now accepting applications for its second cohort. The four-month...
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4.8KEcommerceJumia’s stock has lost more than half of its value since going public six months ago, market cap is down to $520 million
Jumia, the ‘African’ ecommerce company that has its corporate headquarters in Dubai and operations in 14 African countries including Egypt, Morocco, Tunisia,...
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5.2KInvestmentsDubai’s BulkWhiz raises multi-million Series A for its AI-driven bulk grocery ecommerce platform
Dubai-based bluk grocery eocmmerce platform BulkWhiz has closed its Series A, the startup announced today in a statement to MENAbytes. BulkWhiz did...
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7.2KInvestmentsExclusive: Hive, an Egyptian subscription-based ride-hailing platform for kids raises $400,000 seed
Hive, a Cairo-based ride-hailing platform for kids has raised $400,000 in seed funding, the startup told MENAbytes today. The investment came from...
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6.6KInvestmentsSprint, an Egyptian last-mile delivery startup for micro ecommerce businesses, raises six-figure seed
Cairo-based logistics startup Sprint has raised six-figure (USD) seed funding from an angel investor, the startup told MENAbytes today without disclosing the...
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7.1KInvestmentsKuwaiti online coffee marketplace ‘Cofe’ raises seven-figure Series A at a valuation of $25 million
Kuwaiti online coffee marketplace Cofe has raised a seven-figure Series A, it announced today in a statement to MENAbytes without disclosing the...
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8.5KInvestmentsDubai’s Almentor raises $4.5 million Series A for its online video learning platform
Dubai-based online learning and personal development platform Almentor has raised $4.5 million in a Series A round led by Sawari Ventures, the...