Startups
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3.8KEgypt’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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4.6KMiddle 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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3.3KDubai’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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24.2KExclusive: 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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15.1Ki2i 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...
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7.4KExclusive: Egypt’s MoneyFellows raises over $1 million in a bridge round to digitize money circles (gameya)
Cairo-based fintech MoneyFellows has raised over $1 million in a bridge round (Pre-Series A), the startup told MENAbytes today. The investment came...
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4.4KUrbanClap, an online marketplace for home and beauty services in India and UAE, raises $75 million
Indian home and beauty services marketplace UrbanClap has raised $75 million in a Series E round led by Tiger Global, the startup...
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4.1KBahrain’s Rain closes $2.5 million seed round, becomes first licensed cryptocurrency exchange in the Middle East
Rain, a Bahrain-based cryptocurrency exchange has closed its $2.5 million seed round, it announced in a statement to MENAbytes. The round was co-led...
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3.0KHiGuests, a Dubai-based property management startup for short-term rentals closes $1.1 million investment, expands to Spain
Dubai-based property management startup HiGuests has closed $1.1 million (EUR 1 million) in an investment round, the startup announced last week. The...
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2.6KMuzmatch, a dating app for Muslims raises $7 million Series A to help them find a life partner
London-headquartered dating app for Muslims Muzmatch has raised $7 million in a Series A round, the startup announced Friday in a statement...