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MENA Digest: UAE's KLAIM, Turkish startup Buyutech, Saudi's Ajras secure funding

TMT

13 March, 2025

MENA Digest: UAE's KLAIM, Turkish startup Buyutech, Saudi's Ajras secure funding

The UAE-based fintech KLAIM led the funding activity in the Middle East and North Africa (MENA) region this week, raising ......

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Havmor founding family's new ice cream brand Hocco to raise fresh funding

Consumer

13 March, 2025

Havmor founding family's new ice cream brand Hocco to raise fresh funding

Hocco Foods Pvt Ltd, run by the Ahmedabad-based Chona family which previously built and divested the Havmor ice cream brand, ......

Neural Defend, Weskill, Amrut Energy secure early-stage funding

TMT

13 March, 2025

Neural Defend, Weskill, Amrut Energy secure early-stage funding

Cybersecurity startup Neural Defend, upskilling firm Weskill and Amrut Energy, a maker of solar water pumps and renewable energy solutions, ......

Binny Bansal-backed Purple Style Labs raises $40 mn in Series E funding

Consumer

13 March, 2025

Binny Bansal-backed Purple Style Labs raises $40 mn in Series E funding

Purple Style Labs, the parent company of luxury ethnic wear platform Pernia’s Pop-Up Shop, has raised $40 million (Rs 348.1 ......

Accel, Bertelsmann India co-lead Scimplify's Series B round

TMT

12 March, 2025

Accel, Bertelsmann India co-lead Scimplify's Series B round

Specialty chemical manufacturing startup Scimplify has raised $40 million (about Rs 350 crore) in its Series B funding round co-led ......

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QSR chain Tibbs Frankie eyes maiden institutional funding, appoints banker

Consumer

13 March, 2025

QSR chain Tibbs Frankie eyes maiden institutional funding, appoints banker

Tibbs Foods Pvt Ltd, a Mumbai-based quick service food chain, is in the early stages of discussions to raise its ......

AmpereHour Energy, Allo Health secure early-stage funding

TMT

12 March, 2025

AmpereHour Energy, Allo Health secure early-stage funding

Energy storage solutions firm AmpereHour Energy and sexual health startup Allo Health have secured early-stage funding, the companies said on ......

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SaaS-focused Cornerstone Ventures makes third exit from first fund

Finance

12 March, 2025

SaaS-focused Cornerstone Ventures makes third exit from first fund

Cornerstone Ventures, an early-stage venture capital firm focused on the software-as–a-service (SaaS) sector, has exited a four-year old portfolio company ......

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Brigade Group-sponsored Earth Fund's managing partner steps down

People

12 March, 2025

Brigade Group-sponsored Earth Fund's managing partner steps down

The managing partner of the Earth Fund, a venture capital vehicle sponsored by homegrown real estate developer Brigade Group, has ......

Bessemer Venture Partners collects $350 mn for second India fund

Finance

12 March, 2025

Bessemer Venture Partners collects $350 mn for second India fund

Silicon Valley venture capital firm Bessemer Venture Partners has raised $350 million (about Rs 3,050 crore) for its second India-focused ......

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