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EFG Hermes creates $7.5 M capital facility for Egypt’s Sylndr
The top investment bank in the Middle East and North Africa (MENA) region, EFG Hermes, a division of EFG Holding,…
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Watercycle Technologies secured $5.6 M Series A funding to enter MENA region
The $5.6 million Series A investment round led by Par Equity, in a syndicate with the University of Manchester Innovation…
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Creative smart kitchen appliance firm Beyond Appliances raised $2 M Seed funding
The creative smart kitchen appliance company Beyond Appliances has raised $2 million in its seed round, which is being led…
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Prime Venture led $5.6 M funding raised by cross-border specialty chemical distribution platform Elchemy
In a new funding round led by Prime Venture Partners, Elchemy, a cross-border specialty chemical distribution platform, raised $5.6 million…
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With Origami, 8i Ventures to increase its early-stage investment portfolio
Early-stage venture capital firm 8i Ventures has revealed the second iteration of Origami, a pre-seed funding initiative designed to assist…
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Khatema Fibres acquired by B2B startup Moglix for 80 Cr
Unicorn in the business-to-business market Moglix paid Rs 80 crore, or nearly $9.4 million, to acquire Khatema Fibres, a manufacturer…
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Biomaterials startup Ukhi raised $1.2 M Pre-seed funding
In a pre-seed funding round, biomaterials startup Ukhi has raised $1.2 million. In addition to debt funding from SIDBI (Small…
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SME-focused fintech startup CredFlow raised $3.7 M Pre-series B funding
In a pre-Series B funding round, CredFlow, a fintech startup, raised $3.7 million (roughly Rs 31.2 crore) with the help…
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SEEDRA Ventures’ second fund invested in by Jada Fund of Funds
The recently established venture capital fund SEEDRA Ventures Fund II, which is managed by SEEDRA Ventures, has the support of…
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Beltone led $3 M Series A extension funding raised by ariika
Ariika, a well-known direct-to-consumer, digitally driven home furnishings company, has successfully closed its $3 million Series A extension equity round.…
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