UAE
Consumer
VC-backed Floranow acquires Saudi Arabian flower distributor Bloomax
The UAE-based business-to-business online floral marketplace Floranow has fully acquired Saudi Arabia’s Bloomax, a wholesale distributor of fresh flowers for ......
TMT
Gulf Digest: BNPL startup Tabby secures debt; Cargoz raises bridge funding
Two key startups in the Gulf region led the funding activity in the last week of May even as overall ......
Finance
How Dubai VC Global Ventures' bigger third fund differs from its first two vehicles
Dubai-based venture capital firm Global Ventures has identified new focus areas to deploy capital from its third fund, a top executive told VCCircle, as ......
TMT
Saudi PIF-owned Savvy buys gaming firm for $4.9 bn; STV fund gets LP cheque
Funding activity in the Gulf region remained subdued in the first week of April with only a handful of companies ......
Finance
Abu Dhabi's ADQ, IHC tie up with General Atlantic on asset management
Abu Dhabi sovereign wealth fund ADQ and local conglomerate IHC said on Monday they plan to create a multi-asset class ......
TMT
NFT startup Artfi raises funding from a member of Sharjah's ruling family, others
Artfi, a non-fungible token (NFT) focused startup, on Tuesday said it has raised $3.26 million from a clutch of investors ......
TMT
Fintech unicorn CredAvenue rebrands as ‘Yubi'; eyes international expansion
Fintech debt marketplace, CredAvenue has rebranded itself as ‘Yubi’ with an aim to expand into international markets and widen its ......
TMT
Dailyhunt sets foot outside India, to launch operations in West Asia
VerSe Innovation Pvt. Ltd, flush from a massive $805 million capital raise in April, has marked its international entry with ......
TMT
Cashfree invests in UAE-based Telr; explores global expansion
Payments and banking solutions provider, Cashfree Payments has invested close to $15 million in the UAE and Saudi Arabia-based payment ......
Consumer
CE-Ventures leads $11 mn funding round for meat e-tailer Freshtohome
Bengaluru-based online fish and meat seller Freshtohome Foods Pvt. Ltd (formerly SeaToHome) has raised $11 million (Rs 76.4 crore at ......
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