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3.2KInvestmentsSaudi’s Telgani raises six-figure seed for its car rental platform
Riyadh-based car rental platform Telgani has raised six-figure investment (USD) in a seed round from 500 Startups, Saudi Venture Capital Company, Impact46,...
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11.3KInvestmentsEgyptian social commerce platform Brimore raises $3.5 million Pre-Series A to connect manufacturers with consumers
Cairo-based social commerce platform Brimore has raised $3.5 million in a Pre-Series A round led by Algebra Ventures, with the participation of...
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9.7KNewsDubai fintech Spotii launches its ‘shop now pay later’ platform in UAE
Dubai-based fintech Spotii has launched its shop now pay later platform in the United Arab Emirates, it announced in a statement to...
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5.0KInvestmentsEgypt’s Source Beauty raises pre-seed investment from 500 Startups for its beauty ecommerce platform
Cairo-based beauty ecommerce platform Source Beauty has raised a pre-seed investment from 500 Startups (500 Falcons), the startup announced in a statement...
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3.6KInvestmentsEgypt’s CVentures invests in London-based banking and accounting app Countingup
CVentures, the venture capital arm of Egypt’s largest private bank CIB (Commercial International Bank) has invested in London-based fintech Countingup, it announced...
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11.4KInfographicsChart: It costs Uber Eats $43.5 to deliver a $40 food order
Many people assess the attractiveness of a business by looking at the value it creates for consumers. In reality, those two are...
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10.1KAdviceThe curse of VC money and unsustainable growth in consumer startups
Following the global economic meltdown of 2008, central banks around the globe loosened their monetary policies, embarking on a money-printing frenzy and...
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5.9KNewsUber reports nearly $3 billion quarterly loss
Uber today announced its financial results for the first quarter of 2020. The global ride-hailing and food delivery company lost $2.94 billion...
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3.7KInvestmentsSaudi’s Grintafy raises $1.25 million seed to connect amateur football players with clubs and scouts
Jeddah-based football talent discovery platform Grintafy has raised $1.25 million in a seed round led by Wa’ed Ventures and participation of Nafithat...
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6.3KInvestmentsExclusive: Swvl quietly raised over $20 million in a new round right before Covid-19
Swvl, the Cairo-born mobility startup quietly raised over $20 million in a new round right before the spread of Covid-19 in the...
