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MENA Digest: Coral leads subdued VC funding week; SHIFT snags $83 mn in PE investment

TMT

27 September, 2024

MENA Digest: Coral leads subdued VC funding week; SHIFT snags $83 mn in PE investment

Venture capital investment activity in the Middle East and North Africa (MENA) region slowed down in the last week of ......

Two Point O Capital, FirstCoffee, LetzRyd raise early-stage funding

Consumer

26 September, 2024

Two Point O Capital, FirstCoffee, LetzRyd raise early-stage funding

Climate financing startup Two Point O Capital, fleet management and vehicle leasing company LetzRyd and coffee brand First Coffee secure early-stage ......

WestBridge-backed Star Health sues Telegram, chatbot hacker after data leakage

TMT

26 September, 2024

WestBridge-backed Star Health sues Telegram, chatbot hacker after data leakage

Top Indian insurer Star Health has sued Telegram and a self-styled hacker after Reuters reported that the hacker was using ......

Zaggle on M&A spree, acquires one firm, invests in another

TMT

26 September, 2024

Zaggle on M&A spree, acquires one firm, invests in another

Software as a service firm Zaggle Prepaid Ocean Services Thursday said it has acquired a 98.3% stake in Span Across ......

Uber teams up with China's WeRide to roll out robotaxis in UAE

TMT

26 September, 2024

Uber teams up with China's WeRide to roll out robotaxis in UAE

Uber Technologies and WeRide announced a partnership on Wednesday to bring the Chinese self-driving technology firm's vehicles to the rideshare ......

Ahammune Biosciences, The Health Factory, two others raise early-stage cheques

Healthcare

25 September, 2024

Ahammune Biosciences, The Health Factory, two others raise early-stage cheques

Clinical stage therapeutics startup Ahammune Biosciences, bread brand The Health Factory, proptech startup Flent and open-source GPU-as-a-Service (GPUaaS) firm Aarna ......

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Dream11 set to bring another offshore investor on its captable

TMT

25 September, 2024

Dream11 set to bring another offshore investor on its captable

Tiger Global-backed Dream Sports Inc, which operates fantasy sports platform Dream11 and was last valued at about $8 billion when ......

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Eight Roads scores another multibagger partial exit

TMT

25 September, 2024

Eight Roads scores another multibagger partial exit

Eight Roads Ventures, a global venture capital firm, has scored a multi-bagger partial exit from a startup that it first ......

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Warburg Pincus wraps up $270 mn India exit but falls short of benchmark

TMT

24 September, 2024

Warburg Pincus wraps up $270 mn India exit but falls short of benchmark

Private equity firm Warburg Pincus, which has been on an exit spree in India for the second straight year taking ......

CoRover, Pepsales, Tuco bag early-stage funding

TMT

24 September, 2024

CoRover, Pepsales, Tuco bag early-stage funding

Conversational AI startup CoRover, SaaS platform for sales teams Pepsales and kids' personal care brand Tuco secured early-stage funding, the ......