Funding and Valuation: Kratos Gamer Network (KGeN) raised $10 million in a funding round led by Aptos Labs, increasing its valuation from $150 million to $500 million within a few months. User Growth and Expansion: The platform has onboarded 10.8 million users, with 3.3 million active monthly users, and is targeting growth in emerging markets such as the Middle East.
Funding Achievement: EdfaPay, a Saudi-based fintech, secured $5 million in a pre-Series A funding round led by OmanTel Innovation Labs, with participation from Aljabr MENA and Waad Investment, to support its expansion in the MENAP region. Strategic Growth Plans: The investment will enhance EdfaPay’s presence in Saudi Arabia and facilitate entry into markets such as Pakistan and Oman, focusing on
Funding Details: Noida-based insurtech startup Zopper has raised $25 million in a Series D funding round, co-led by Elevation Capital and Dharana Capital, with participation from returning investor Blume Ventures. Investment Goals: The funds will be used to enhance Zopper’s insurance distribution platform, improve artificial intelligence and data science capabilities, develop human resources, and expand post-sales services for their appliance
Funding Success: Order for Health (O4H), a healthy-food startup, has raised ₹1 crore in seed funding led by Inflection Point Ventures, aimed at strategic expansion and enhancing production and market presence. Product Offering: Founded in 2020, O4H provides fresh, nutritious, and sustainable meal options such as salads, wraps, and beverages, focusing on premium, preservative-free ingredients and catering to a health-conscious
Funding Achievement: Delhi-based fintech startup CredFlow has raised $3.7 million in a pre-Series B funding round, led by Inflexor Ventures and a Singapore-based family office, bringing its total funding to over $13 million. Platform Expansion: The raised capital will be used to scale its financial services and lending operations, enhance technology, and foster innovation, specifically aiming to support small and
Investment Announcement: Jada Fund of Funds has committed to investing in SEEDRA Ventures Fund II, aligning with its strategy to support early-stage companies in Saudi Arabia and the MENA region. Economic Alignment: The investment reflects Jada’s focus on contributing to the Kingdom’s economic transformation in line with Vision 2030, as highlighted by its Managing Director and CEO, Bandr Alhomaly. Support
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