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 […]
Pitchlabz
EdfaPay Secures $5 Million Pre-Series A Funding
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 […]
Noida-based insurtech startup Zopper raises $25 million in a Series D funding round
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 […]
Healthy-food startup Order For Health raises Rs 1 crore in funding led by Inflection Point Ventures
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 […]
Delhi-based fintech startup CredFlow raises $3.7 million in a funding round
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 […]
Jada Fund of Funds invests in SEEDRA Ventures’ second fund
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 […]
Bubbl Secures $350,000 in Pre-Seed Funding to Drive Expansion
Funding and Leadership: Bubbl, a social networking app launched by Aya Al-Hammoud in March 2024, raised $350,000 in pre-Seed funding led by angel investor Abdullah Al-Dosari, marking a significant milestone for the platform. User Growth: The app quickly gained traction, reaching 60,000 daily active users and achieving first place in the Saudi App Store, with […]
SaaS platform Taqtics raises $1.2 million in a seed round led by Sprout Venture Partners, others
Taqtics, a SaaS platform focused on retail and Quick Service Restaurant (QSR) operations, secured $1.2 million in seed funding led by Sprout Venture Partners and Capital-A, alongside Java Capital. The funding will be utilized to improve product offerings, integrate AI-driven analytics, and expand market presence. Founded in 2021, Taqtics provides features including real-time store audits, […]
Ecommerce logistics startup LOCAD raises $9 million in a pre-Series B round
LOCAD, a digital logistics engine for consumer brands, has secured $9 million in a pre-Series B funding round led by Global Ventures and existing investor Reefknot Investments, with participation from other investors like Sumitomo Equity Ventures and Antler Elevate. The company offers a cloud supply chain platform that integrates smart logistics and open commerce, enabling […]
Koo co-founder Mayank Bidawatka’s new startup Billion Hearts raises $4 million funding
Funding Round: Billion Hearts Software Technologies, co-founded by Mayank Bidawatka, secured $4 million in a seed funding round led by notable investors including Blume Ventures, General Catalyst, and Athera Venture Partners, following a previous angel round of $250,000. Product Development: Founded in August 2024, the startup is focused on creating a digital consumer product intended […]