Known for its innovative approach, the company is revolutionizing how small to medium enterprises (SMEs) access working capital in the region. Since its inception, CredibleX has disbursed a substantial AED 100 million in loans, significantly impacting the local business ecosystem. The company recently announced a successful US$55m (AED 200m) seed funding round comprising both equity […]
The global South Asian ethnic wear market is set to reach $129 billion by 2030, with digital spending projected to drive nearly $46 billion of this growth. Leading the charge in this evolving landscape is LAAM, a premier Pakistan-based fashion marketplace for South Asian apparel, which has announced a $5.5 million seed funding round to expand […]
Dubai, UAE — Coral, a pioneering climate tech startup based in the UAE, announced today the successful closure of its $3 million seed funding round. The round was led by a group of experienced tech investors, boasting a combined 40 years of expertise in the sector. Innovative AI-Driven Platform for Carbon Management Coral offers an […]
Cercli, a unified platform designed for MENA businesses to hire, manage, and pay their global workforce, has successfully raised $4 million in a seed funding round. The investment was led by Silicon Valley-based Afore Capital, marking the firm’s first foray into the MENA region, with the funds coming from its $150 million Fund III. This […]
Dubai, UAE – Shorooq Partners, the UAE-based alternative investment manager renowned for its investments across the MENA region, has made its first foray into Türkiye’s entrepreneurial ecosystem. The firm led a $5 million seed round in Roamless, a traveltech startup aiming to revolutionize travel connectivity. The seed round also saw significant participation from notable venture […]