Posts By Zubair Naeem Paracha
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3.7KInvestmentsMeet the three startups from Egypt & Iraq that just graduated from Y Combinator’s S19 batch, receiving $150,000 investment (each)
Y Combinator’s summer 2019 (YC S19) batch had 197 companies that graduated from the Silicon Valley-based accelerator program after completing the twelve-week...
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2.2KInvestmentsSaudi’s Nana Direct closes $6.6 million Series A for its online grocery platform
Nana Direct, a Riyadh-based online grocery platform has closed it’s Series A with $6.6 million, the startup announced in a statement earlier...
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6.9KNewsExclusive: Swvl’s last round (Series B-2) valued the company at $157 million
Cairo-based transportation startup less than two months ago announced closing of it’s $42 million Series B-2 led by BECO Capital and Sweden’s...
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5.9KInvestmentsEgypt’s Chefaa raises six-figure seed for its on-demand medicine delivery platform
Cairo-based healthtech startup Chefaa has raised seed funding in a round led by 500 Startups with participation of Flat6Labs (follow-on investment) and...
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4.9KNewsCairo-based trucking marketplace Trella joins Y Combinator, eyes regional expansion
Cairo-based trucking marketplace has joined Y Combinator, the startup announced in a statement to MENAbytes, saying that it’s part of YC’s Summer...
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3.7KNewsEgypt’s Fawry goes public with shares soaring 31% on first day, taking market cap to ~$366 million
Eleven-year-old Egyptian electronic payments company Fawry, after months of hype, finally went public on The Egyptian Exchange (EGX) on Thursday in first...
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4.4KInvestmentsMiddle East-focused Chinese ecommerce platform Jollychic raises $65 million from a UAE-based company
Jollychic, a Chinese cross-border ecommerce platform focused on the Middle East has recently closed it’s Series C+ (Series C-2) round, the company...
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3.2KInvestmentsDubai’s MEVP invests $2 million in Pakistani motorbike ride-hailing and logistics startup Bykea
Dubai-based leading regional VC Middle East Venture Partners (MEVP) today announced in a statement to MENAbytes that they have invested $2 million...
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23.5KInvestmentsExclusive: Pakistan’s Airlift raises $2.2 million seed for its app-based bus service, eyes expansion to Kenya and Bangladesh
Lahore-based eight-month-old transportation startup Airlift has raised $2.2 million in a seed round, Airlift’s co-founder and CEO Usman Gul, revealed in a...
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14.8KEcosystemi2i Ventures, a $15 million early-stage female-founded Pakistani VC launches with first investment in Mauqa Online
i2i Ventures, an early-stage VC fund with a focus on Pakistan-based technology startups has announced the launch of its $15 million fund...