Subha Bhargavi
Covetor to invest $50M to facilitate the entry of innovative brands over next 5 years
Covetor today announced its commitment to invest US$50M in facilitating the entry of disruptive, innovative brands into the market. Covetor’s unique strategy centres around providing a full investment and services offering to ensure brands are able to scale up successfully in these markets.
upGrad earmarks USD 250 million for mergers and acquisitions
Riding strong on its non-linear growth strategy, upGrad has earmarked USD 250 million for mergers and acquisitions over the next seven to nine months. Recent reports indicate that upGrad would cross half-a-billion USD annual revenue run rate by March’22 and is looking to raise close to USD 400 million at a valuation close to USD 4 bn.
Democrance completes its latest funding round
Democrance, the UAE-born InsurTech company completed its latest funding round, led by Dubai-based international VC firm Global Ventures, along with the participation of Veridian Ventures and existing investors.
Questions to consider when identifying business growth opportunities
Viresh Harduth, Vice President, Small Business, Sage Africa & Middle East, lists questions to consider when identifying business growth opportunities.
District 2020 signs a partnership with GCC to support start-ups across the region
District 2020 has signed a partnership with the Gulf Cooperation Council (GCC) that will see the two entities providing support to start-ups across the region through District 2020’s Scale2Dubai global entrepreneur programme. The agreement was recently signed by His Excellency Dr Nayef Falah M AlHajraf, Secretary-General of the Gulf Cooperation Council (GCC) and Her Excellency Reem Al Hashimy, UAE...
The third edition of the C3 Social Impact Accelerator program concludes successfully
The third edition of the C3 Social Impact Accelerator Program – powered by HSBC, concluded on Thursday July 1, with the three winners announced by Stephen Moss, Regional CEO of HSBC Middle East, North Africa and Turkey.
How to name your small business
For many entrepreneurs, naming a business is the starting point for launching their business officially. Trying to find a name for your startup can be very exciting. Finding the proper name that can distinguish your business from another is important to consider as it will share with your customers an idea of what your business does. Your business name is the first way a potential customer will he...
Mr. Draper – Styling Simplified
Mahmoud Gao, founder of Mr. Draper, speaks to My Startup World about the inspiration behind embarking on a unique styling venture exclusively for men while highlighting the challenges faced.
IR4LAB secures $1.5 million investment from Wa’ed
IR4LAB, a Saudi Arabia-based blockchain startup, has closed a $1.5 million investment round from Wa’ed, the entrepreneurship arm of Aramco. Mr Abdullah O. Al-Baiz, Saudi Aramco Chief Digital Officer, commented “Saudi Aramco is systematically capitalising on digital technology breakthroughs that accelerate business creation, support local content, promote efficiency and bring a more sustainable fut...
Kitopi completes $415million Series C funding
Kitopi announced today the completion of its $415 million, Series C funding round. The round was led by Softbank Vision Fund 2, with participation from Chimera, DisruptAD, B. Riley, Dogus Group, Next Play Capital and Nordstar.
iWire raises $34 million in Series A funding round
iWire, a UAE-based Internet of Things (IoT) startup, has raised a $34 million Series A funding round, led by Noor Capital, with participation from Bpifrance.
Postpay secures a strategic equity investment from AP Ventures and Afterpay
Dubai-based buy now pay later (BNPL) player Postpay has confirmed it has secured a strategic equity investment from AP Ventures and global BNPL leader Afterpay. This equity investment represents an important milestone in the Middle Eastern fintech space and positions Postpay to best serve leading retail groups and brands across the GCC and the rest of the Mena region.