Subha Bhargavi
Haystack raise £1 million in seed funding for expansion
Haystack, a Newcastle-based tech startup, today has announced that it has raised £1 million in seed funding. The funding enables Haystack to expand their territory reach and with advanced matching technology, help more companies and “techies” to hire smartly and find their ideal roles respectively.
Aqua Security’s Series E funding of $135m takes its valuation to billion plus
Aqua Security, the pure-play cloud native security leader, announced the completion of $135 Million in Series E funding led by ION Crossover Partners, putting Aqua’s valuation in excess of $1 Billion.
Tally launches its VAT ready TallyPrime software in Oman
Tally Solutions announced the launch of its Value Added Tax (VAT) ready software– TallyPrime Release 1.1.3 to assist the Omani business owners towards an easy transition to the new tax regime.
Beehive Startups announces dates for StartFEST
Beehive Startups announced that StartFEST, Utah’s original and largest grassroots startup festival, will return June 16-17 after a five year hiatus. The two-day virtual event will be solely focused on Utah’s startup and small business ecosystem and will be filled with insightful panels, collaborative workshops, and some of the state’s leading entrepreneurs and business leaders.
CoinSmart raises $3.5m to expand into Europe
Canada-based cryptocurrency exchange, CoinSmart has announced the closing of a CAD$4.5 million (roughly US$3.5 million) seed funding round and extensive plans to expand into Europe.
Verofax secures $1.2m seed round funding
Verofax Limited, an automation and traceability platform, has secured $1.2M in a Seed funding round, led by Trove Capital Limited UK. Other investors included MFD Holding, Kepler Fund Managers, and Casablanca Holding. This funding marks Verofax porting its platform on Microsoft Cloud and its expansion into Asia and Africa.
Hub71 targets tech startups from across the globe
Hub71 is doubling down on scaling startups and enabling founders by introducing a value creation program. Tech startups from around the world will benefit from increased access to market as Hub71 actively facilitates business opportunities to enable their sustainable growth, globally.
Dubai SME approves new incubator for luxury products
Dubai SME, the agency of Dubai Economy mandated to develop the small and medium enterprise (SME) sector, announced that The Arabian Luxury Group ‘TALG’ has joining the list of approved business incubators under the umbrella of the Dubai Business Incubator Network (DBIN).
Winners for MITEF Saudi Startup Competition announced
The fifth edition of the MITEF Saudi Startup Competition successfully concluded last week, after witnessing the participation of about 50 innovative startups from Saudi Arabia, UAE, Lebanon, Bahrain, Egypt, Palestine, India, North Macedonia, China, USA, UK, and Lithuania.
Hubilo to redefine future of events with series A funding
Buoyed by strong demand for its industry-leading virtual and hybrid events platform from UAE organizations, particularly since the onset of the pandemic, Hubilo is set to further its investment in the country by establishing a dedicated local sales and support team, delivering content and support in Arabic, and partnering with UAE-based event management and AV production companies.
Its time to invest in women’s ambitions and achievements
HE Sheikha Hind bint Majid Al Qasimi, Chairperson of Sharjah Business Women Council explains several key factors that will the address the underrepresentation of women and support the advancement of businesswomen and women entrepreneurs.
Careem adds Get vaccinated” feature in the UAE
Careem has released a new feature in its app that allows customers in Abu Dhabi, Dubai, Sharjah and Ajman to book a ride to a vaccination site. The new “Get vaccinated” tool includes detailed information from official government sources on the different vaccines being offered in the UAE,