My Startup World Staff
Beltone SMEs accelerates growth plans
Beltone SMEs, a part of the Beltone Holding has successfully increased its paid-in capital from EGP 250 million to EGP 500 million, demonstrating its strategic commitment to expanding operations and supporting Egypt’s dynamic small and medium enterprises (SME) sector.
NEC X selects seven new startups for the Elev X! Ignite latest cohort
NEC X, the Silicon Valley venture studio backed by NEC’s advanced technologies, has revealed the seven new standout startups selected for the Elev X! Ignite cohort, Batch 12.
Saudi Arabia’s Ejari successfully closed the $14.65mn seed round
Ejari, the Saudi Arabian Rent Now, Pay Later (RNPL) platform, has achieved a significant milestone by successfully closing a $14.65mn seed financing round. This round was led by PFG and BECO Capital, with the participation of anb seed, Alinma Bank (Alinma Pay),
VC Weekend Returns in partnership with GITEX
Venture capitalists, entrepreneurs, and innovators from across the globe will converge in Dubai on October 17-18, 2024, for VC Weekend 2024, an exclusive event organized by Gingo Partners, an official community partner of GITEX.
Indian Game publisher Deftouch raies fresh round of undisclosed funding
Deftouch (previously known as All Star Games), an Indian game publisher behind the hit cricket game- ‘King of Cricket’, has recently raised an undisclosed amount in its latest follow-on round. The round was co-led by KRAFTON India, T-Accelerate Capital, and existing investor Lumikai.
AIM Congress 2025 to focus on technologies and trends in the startup space
The upcoming AIM Congress 2025 themed “Connecting Visionaries and Building Futures: Insights and Strategies for Aspiring Entrepreneurs and Visionary Startups & Unicorns” will take place from April 7 to 9, 2025. The central discussions of this event will be around latest technologies
Canon launches new imageFORMULA desktop scanner for small offices
Canon Middle East unveils its new imageFORMULA DR–S350NW – a compact and secure A4 desktop scanner which is designed with speed, efficiency, and quality in mind. Suitable for businesses of every type and size, including education, legal, healthcare, and small offices,
TikTok shopping report reveals strategies to boost business performance
The final quarter in the MENA region is set for a shopping surge as brands move from short-term promotions to year-round engagement with consumers, capitalizing on the region’s evolving shopping landscape.
MENA startups raise $328.3mln in September 2024
The Middle East and North Africa (MENA) startup scene continues to thrive, with a total of $328.3 million raised across 60 startups in September 2024. According to the latest report by Rasmal, this impressive amount was secured through investments from 36 different investors,
QPay closes new round of seed funding led by Cyfr Capital
Oman’s new licensed ‘Buy Now, Pay Later’ (BNPL) financial services provider, QPay, has successfully closed its new round of seed funding, with Cyfr Capital taking the lead as the primary investor. This significant funding round comes as part of Future Fund Oman (FFO)’s strategic mandate
GoDaddy launches AI powered WordPress hosting for UAE entrepreneurs
GoDaddy introduced its latest innovations to its WordPress Hosting product focused on integrating artificial intelligence (AI) to help designers and developers save time on a variety of tasks.
Stocklytics reveals VC funding falling down in ecommerce startups
The global ecommerce market continues seeing double-digit revenue growth, following a drop and then a significant slowdown during 2022 and 2023. The entire sector is expected to gross over $4.1 trillion in 2024, almost $600 billion more than last year.