Posts By Zubair Naeem Paracha
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2.9KNewsMeet the 14 startups from third batch of 500 Startups’ Series A Program ‘MENA Dojo’
500 Startups’ MENA-focused fund 500 Falcons that recently announced its oversubscribed final closing at $33 million, today has revealed the startups that...
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6.1KNewsExclusive: Dubai’s Majid Al Futtaim in final talks to acquire Saudi online grocery delivery platform Wadi
Dubai-based Majid Al Futtaim (or MAF), one of the leading conglomerates of the region that owns and operates shopping malls, hotels, and many...
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2.0KNewsSoftBank-backed Indian budget hotel startup Oyo plans to be in 17 Saudi cities by next year
SoftBank-backed Indian budget hotel startup is betting big on Saudi Arabia. The startup that entered the Saudi market less than two months...
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2.3KInvestmentsEgypt’s Merq raises six-figure seed for Sally, its Facebook chatbot that lets users compare credit cards
Merq, an Egyptian startup that develops “cognitive chatbots” has raised seed funding from an individual investor, Ahmed Kamal Selim, the startup announced yesterday...
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3.7KNewsEgypt’s Halan completes 10 million rides and deliveries, plans MEA expansion to become region’s super app
Cairo-based tuk-tuk and motorcycle ride-hailing and logistics startup Halan has completed 10 million rides and deliveries, and 1 million app downloads, the...
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2.8KNewsDubai’s MEVP partially exits its stake in Shedul at 17x return
Middle East Venture Partners (MEVP), one of the leading VCs of region has sold a part of its stake in online booking...
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2.9KInvestmentsMiddle East-focused Chinese ecommerce platform Fordeal raises tens of millions of dollars in Series C: report
Fordeal, a Chinese cross-border global ecommerce platform that’s focused on the Middle Eastern market has raised tens of millions of dollars in...
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2.6KEcosystemTunisia’s AfricInvest partners with Cathay Innovation launch ~$170 million fund to invest in African startups
Tunisian private equity firm AfricInvest that has $1.5 billion in assets under its management, is partnering with San Francisco-based Cathay Innovation, a...
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3.5KNewsJumia becomes first African startup to launch US IPO, shares soar over 50% within first hour valuing the company at over $1.5 billion
Almost a month after filing for an initial public offering (IPO) on New York Stock Exchange, the Lagos-headquartered ecommerce startup Jumia today...
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3.5KInvestmentsSaudi-based Haseel raises investment for its mobile-only fresh fruits and vegetables ecommerce platform
Riyadh-based mobile-only fresh fruits and vegetables ecommerce platform Haseel has raised an undisclosed sum of investment in a round led by Riyadh...