Venturefin offers unique platform for investors and early-stage businesses

Dubai-based serial entrepreneurs Ibrahim Jaber and Ahmed Al Qassimi today announced the launch of exclusive new crowd investing platform, Venturefin, aimed at promoting and enhancing global investment opportunities. Venturefin is an elite equity and loan crowd investing platform that connects qualified...
0 comment
property middle east lamudi

Propertyfinder Group secures USD 20 million of funding

Stockholm-listed investor Vostok New Ventures Ltd has bought 10 percent of Dubai-based Propertyfinder Group for $20 million, valuing the online property portal at $200 million in one of the largest investments of its kind in the Gulf. Propertyfinder will use the money to expand its sales and marketing...
0 comment

Careem Acquires Taxiii To Start Operations In Morocco

Careem Networks, the Middle East’s leading private car booking service acquires Morocco based car booking service TAXIII’s assets and brings founder, Yassir El Ismaili and all TAXIII team onboard. Careem, which serves 14 cities across the Middle East, will expand into Rabat and Casablanca initially,...
0 comment
rema ankur capital

Ankur Capital: An Investment Fund Creating An Impact In Rural India

Impact investment fund, Ankur Capital, has invested in three early-stage ventures that focus on rural markets. We caught up with Rema Subramanian, one of the co-founders of Ankur Capital at Women in STEM conference to get in insight about impact investing in India. Rema comes from a finance background...
0 comment
property finder

BECO Capital increases its stake in propertyfinder

Following aggressive expansion in the region, going from two to seven markets in 12 months, propertyfinder’s lead investor, BECO Capital, has committed to further funding of the leading property site in the MENA region. "Execution is what will set aside a winner from its peers and the propertyfinder...
0 comment
ARABIA weather

ArabiaWeather Completes Funding Round From Leading Investors

ArabiaWeather market leader in innovation and technology for the Middle East weather and forecasting industry, today announced it has completed an investment round led by new investor Badia Impact Fund, a venture capital fund that is part of Silicon Badia, a global group of venture funds based in New...
0 comment

Dubai Based Careem Raises USD 10 Million For Expansion

Dubai based start-up Careem, which operates an online chauffeur-driven car booking service, announced that it has raised about $10 million investment in a round led by Saudi’s Al Tayyar Travel Group, STC Ventures and other regional investors. The company said that it will use the cash infusion to...
0 comment

Middle East Venture Partners Plans To Invest USD 30 Million In Middle East Startups

Middle East Venture Partners (Mevp) would be investing in more than a dozen digital media companies in the UAE in the next three years with an investment of $30 million (Dh110 million). The Dubai-based venture capital firm plans to invest in internet start ups focusing on e-commerce, edutainment and...
0 comment
investments for startups MENA

76% of Surveyed MENA Startups Have Received Funding Below $500,000: New Wamda Research

Wamda has published an excellent study on the funding / entrepreneur eco-system in the region.  The very good news is that startup funding is growing in the MENA countries with growth expected to accelerate in coming years.  In fact this study, compared to a previous study back in 2009, showed over...
0 comment

Arabreneur Invests USD $300,000 In Three Palestinian Startups

Arabreneur, a pan-Arab initiative that seeks to create an enabling ecosystem for young Arab entrepreneurs, last week announced investments in three high-growth Palestinian start-ups. The announcement was made on the sidelines of the ArabNet Digital Summit 2014. The three startups that will benefit...
1 comment