My Startup World Staff

Verloop.io raises $5 million as a part of its Series A

Verloop.io, the world’s leading customer support automation platform, has raised $5 million as a part of its Series A led by Alpha Wave Incubation (backed by ADQ and managed by Falcon Edge Capital) along with existing investors IDFC Parampara, Kris Gopalakrishnan and promoted by GrowthStory, a venture-builder platform by K Ganesh.

Kaspersky calls for cybersecurity startups

Kaspersky Innovation Hub (iHub) recently announced a new call for startups that are developing cybersecurity solutions with a special focus on SMEs. Winners will be offered to launch a pilot project with leading international cybersecurity company Kaspersky.

National Bank of Fujairah launches SME community platform

National Bank of Fujairah (NBF) today launched NBF Connect, a dedicated and exclusive banking platform for SMEs in the UAE that will serve as a one-stop shop for SME members which will include access to a suite of services and solutions as well as knowledge-sharing capabilities.

The collective rise of SMEs

As The SME Rise Collective hits their next milestone of 130 SMEs supported since launch 5 months ago, it seems appropriate to reflect on all that has been achieved, but through the lens of those who have received the marketing packages and how it has helped them back on their feet during Covid times.

Innovation remains at the forefront of everything

My Startup World speaks to the team of Easa Al Gurg and Jad Toubayly behind the fast-growing e-commerce platform, Idealz to understand how is their platform offering a unique shopping experience to the users and how successfully they have integrated the CSR initiative into their business model.

Saudi Arabia’s Pi Flow successfully raises funds

Pi Flow, the digital outsourced accounting company that offers bookkeeping services to startups and SMEs announced that it has successfully raised funds by a group of angel investors along with Saudi Venture Capital Company (SVC).

Circle wins AfricArena virtual startup pitch in Egypt

Cairo-based Circle, a property management mobile application that enables property managers to better engage with their tenants, handle their requests and reduce operational costs, was announced the ‘Best of Ecosystem’ winner at the AfricArena Virtual Startup Pitch Series held in Cairo, recently.

DIFC launches new startup license starting from $1500

Dubai International Financial Centre (DIFC), today announced that it has launched a new Innovation License for startups, entrepreneurs and technology firms that will support innovation, creativity and entrepreneurship in the region.

Abu Dhabi Investment Office and ADQ to further invest in the start-ups

The Abu Dhabi Investment Office (ADIO) and ADQ today announced a new collaboration to further strengthen Abu Dhabi’s digital economy and start-up ecosystem, including transferring the Ventures Fund, a flagship Ghadan 21 initiative, to ADQ.

Strategi Advisors and T9L Studio to strengthen the startup ecosystem in the UAE

To strengthen the emerging startup ecosystem in the UAE, Strategi Advisors announces a joint venture with T9L Studio of Singapore, an entity that has operations in Asia Pacific with a focus on India.

HR Tech startup, Workfam bags UAE Startup Unicorn Award

UAE-based HR Tech Startup, Workfam, was officially awarded the highly esteemed ‘UAE Startup Unicorn’ by The Startup Network this month. The Unicorn Battle, which took place across 27 countries, shortlisted 12 UAE startups to participate in the largest online startup event.

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