ClayCo Cosmetics, a six-month-old skincare brand, has raised $2 million in Series A funding from Unilever Ventures to enhance operations, product offerings, and marketing strategies. The investment will allow ClayCo to introduce a new Moroccan-inspired body care range, expanding its product portfolio beyond existing offerings. The brand focuses on enhancing customer engagement, driving research and […]
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Kredit Secures EGP 50 Million in Debt Financing from National Bank of Egypt
Kredit has secured EGP 50 million in debt financing from the National Bank of Egypt to enhance SME lending in Egypt and North Africa. The funding will improve Kredit’s technology and financial product offerings, aimed at providing more accessible funding options to small and medium-sized enterprises (SMEs). Founded in 2023 by Ahmed Emam, Kredit aspires […]
Bokra and CIC Unveil $207,000 Fund
$207,000 Fund for Student Entrepreneurs: Bokra and the Canadian International College (CIC) have launched a fund to support aspiring student entrepreneurs in Egypt, providing early-stage funding and mentorship aimed at fostering innovation and entrepreneurship. Introduction of Bokra Academy: The partnership includes the launch of Bokra Academy, which offers free online courses in essential business fields […]
Drone tech startup IG Drones raises $1 million in funding led by India Accelerator, angels
Funding and Expansion Plans: Drone tech startup IG Drones has successfully raised $1 million in its initial funding round led by India Accelerator and aims to secure an additional $3 million within the next six months to expand its operations both in India and globally. Founders and Services Offered: Founded in 2018 by Bodhisattwa Sanghapriya […]
Dubai-Based EdTech Startup BiggerBlueButton Raises $15,000 in Series A Round
AI Integration: BiggerBlueButton utilizes artificial intelligence to enhance the virtual classroom experience, offering features like real-time analytics to help educators effectively track student progress. Enhanced Communication Tools: The platform includes advanced communication tools that foster interaction between students and teachers, promoting a dynamic and engaging learning environment. Streamlined Operations: By automating administrative tasks, BiggerBlueButton allows […]
Dubai-Based EdTech Startup BiggerBlueButton Raises $15,000 in Series A Round
AI Integration: BiggerBlueButton utilizes artificial intelligence to enhance the virtual classroom experience, offering features like real-time analytics to help educators effectively track student progress. Enhanced Communication Tools: The platform includes advanced communication tools that foster interaction between students and teachers, promoting a dynamic and engaging learning environment. Streamlined Operations: By automating administrative tasks, BiggerBlueButton allows […]
Millet-based snack brand Troo Good raises Rs 72 crore in funding: Report
Troo Good, a millet-based snack brand, secured Rs 72 crore in a funding round led by Oaks Asset Management, with additional investments from Puro Wellness and V Ocean Investments. Oaks Asset Management invested Rs 37 crore, while Puro Wellness contributed Rs 25 crore and V Ocean Investments added Rs 10 crore, resulting in significant ownership […]
Samantha Prabhu joins Secret Alchemist as co-founder, raises $500,000 in funding
Partnership with Samantha Prabhu: Versatile actress Samantha Prabhu has joined Secret Alchemist as a co-founder, aligning her personal journey with aromatherapy to the brand’s mission of promoting wellness. Seed Funding Raised: Secret Alchemist has secured $500,000 in seed funding from Inflection Point Ventures (IPV) to enhance its growth, marketing efforts, and brand awareness. Innovative Product […]
Al Menu raises $10 million to boost operations in Saudi Arabia
Al Menu, a Saudi Arabia-based food and beverage SaaS provider, has successfully raised $10.12 million (38 million SAR) in a funding round led by Al Majdiah Investment and other investors. Founded in 2022 by Mamdoh Ali, Al Menu specializes in providing cloud-based solutions to enhance the operations of restaurants and cafes across Saudi Arabia. The […]
Saudi Arabia’s Quantum raises investment from HearstLab
Funding Achievement: Saudi Arabia-based adtech company Quantum has raised $7 million in a Pre-Series-A funding round, with HearstLab being a key investor, marking its first investment in the Middle East. Innovative Platform: Founded in 2020 by Omar Malaikah and Sara Bin Ladin, Quantum provides a platform for advertisers to purchase ad space directly from their […]