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Mondo Ride Secure $2 Million in Seed Funding

Mondo Ride, Africa’s leading ride hailing mobile app platform, has closed a second financing round of $2 million, bringing the total seed investment to $5m.

Avaya Acquires Spoken Communications

Avaya Holdings Corp. has announced it has signed a definitive agreement to acquire Spoken Communications (“Spoken”).

Servcorp Expands EMEIA Footprint in GCC and LEVANT

Servcorp is expanding its presence in the Middle East as part of an aggressive growth plan for the EMEIA (Europe, Middle East, India and Africa) region.

BecDot: An Educational Toy That Intros Braille at an Early Age

The market is already crowded with a number of products that aim to help blind people learn braille and enhance their experience.

Uber Offloads its Leasing Business to Fair.com

Uber has announced today that it is selling its car-leasing subsidiary to Santa Monica-based tech startup Fair.com.

Singapore’s SpherePay Closes $10 Million Funding Round

SpherePay, Singapore’s homegrown mobile payment app, announced today that it has completed its fundraising exercise which saw the company raising over $10 million.

Thomson Reuters Conducting Acquisition Talks with Blackstone

Thomson Reuters is in advanced talks with US private equity outfit Blackstone over the acquisition of a majority stake in its financial and risk business.

Wego Partners with Gulf Air

Wego, one of the largest online travel marketplaces in the Middle East and North Africa, has announced today a partnership with Gulf Air.

Microsoft Buys Gaming Services Startup PlayFab

Microsoft has acquired PlayFab, which helps game developers launch their titles online more quickly with simplified back-end services.