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Startup News
108 posts
Retailo lays off workforce from engineering and logistics teams amidst recession
Retailo is the latest addition in a line of startups which are downsizing amidst recession. The company has…
Another global recession victim – Swvl puts a pause on inter-city rides
The multi-national ride-hailing service, Swvl, has decided to pause inter-city rides due to the global economic recession starting…
Swvl to layoff workforce in certain markets amidst global recession
Swvl CEO Mostafa Kandil announced today that Swvl will be cutting down workforce in certain markets in order…
Qashio raises $2.5 million led by MSA Novo to launch enterprise expense management solution for MENA Businesses
UAE-headquartered fintech business, Qashio has entered the MENA market on a strong note by raising USD 2.5 million…
Dubai’s Cultiv8 and Oman Holding International invest $5 million in Udrive
Dubai, UAE- Udrive, the UAE’s homegrown brand providing a pay-per-minute car rental service for UAE residents and tourists…
Pakistani startup Zaraye raises $2.1M from Tiger Global and Zayn Capital
Zaraye, a platform that connects raw material manufacturers directly with suppliers, announced today it has raised $2.1 Million…
Pakistan’s Political Turmoil and the Startup Landscape – What’s next?
The last week has been filled with uncertainty regarding the leadership of Pakistan but things have finally wrapped…
Pakistan’s Jugnu raises $22.5 M Series A led by B2B e-commerce leader Sary
Jugnu, a Lahore-based B2B marketplace startup offering seamless procurement for Kiryana stores, raised $22.5 million in Series A funding led…
Jordan’s InvoiceQ raises $190K Seed by the Ahli FINTECH Seed Accelerator program
Jordan-based FinTech and digital invoicing service provider InvoiceQ raises $190K in its first funding round after taking part…
UAE’s car subscription service Carasti raises $2M Bridge financing to launch in Saudi Arabia
UAE-based mobility platform Carasti, has announced its expansion to Saudi Arabia following a $2 million bridge round from…