Category: News

Arab Financial Services (AFS) has successfully raised $50 million in capital, approved by shareholders, to strengthen its financial position and support growth initiatives in digital payments. The investment allows AFS to expand its operations, enhance product offerings, and innovate, particularly with solutions like “Wallets as a Service” in key markets like Bahrain, Oman, and Egypt. […]

Funding Acquisition: NG Earsafe raised Rs 1.06 crore in a Seed funding round led by Inflection Point Ventures, aimed at enhancing brand awareness, expanding reach, and developing new products. Innovative Products: The startup is India’s first ENT-certified premium open-ear headphone brand, utilizing Air Conduction and Bone Conduction Technology to provide a safer listening experience by […]

Funding and Growth: PRYPCO, a Dubai-based prop-tech startup, secured $10 million in seed funding in September 2024, led by Shorooq Partners, to expand its services and operations, aiming to simplify real estate processes. Diverse Services: The company offers four main services—PRYPCO Blocks (fractional ownership), Mortgage solutions, Exclusives (broker listings), and Golden Visa assistance—starting investments at […]

Auquan secured $3 million in seed funding to bolster its financial intelligence platform, which utilizes Retrieval Augmented Generation (RAG AI) technology. The platform aids financial professionals, including portfolio managers and research analysts, in efficiently discovering critical insights and risks, thereby enhancing due diligence, KYC, ESG research, and risk monitoring processes. By automating research tasks, Auquan’s […]

Avaana Capital has successfully closed its $135 million Avaana Climate and Sustainability Fund, aimed at supporting early-stage startups in India that address climate change through innovative solutions. The fund will focus on key sectors contributing to 90% of India’s carbon emissions: energy and resource management, mobility and supply chains, and sustainable agriculture and food systems. […]

Zouk, a direct-to-consumer bags and luggage brand, has successfully raised $10 million in Series B funding led by Aavishkaar Capital, increasing its total capital raised to $14.5 million. The company plans to use the funds primarily to expand its network of exclusive brand outlets, targeting the establishment of 75 stores across India, and to broaden […]

Funding Success: Even Healthcare, a Bengaluru-based startup, secured $30 million in Series A funding, primarily led by Khosla Ventures and supported by other notable investors, to enhance its operations in India. Expansion Plans: The startup intends to use the new funds to open three additional hospitals in Bengaluru and to further develop its integrated healthcare […]

Investment Overview: GetVantage has invested Rs 1.8 crore each in three logistics startups—Celcius Logistics, Ohm Logistics, and Fitsol—targeting growth capital to enhance their operations during high-demand periods like the festive season. Funding Mechanism: The investments are facilitated through GetVantage’s licensed NBFC, GetGrowth Capital, and their AIF Venture Finance Fund in collaboration with Varanium Capital and […]

NCircle, based in Abu Dhabi, UAE, successfully raised $530,000 in a Pre-Seed funding round on October 20, 2024, to enhance its platform and operations. The company focuses on using technology-driven solutions to address global challenges, aiming to create positive social and environmental impacts. Primarily operating in the GCC region, NCircle is set to lead innovation […]