Serial investor KBW has made investments in the food startups earlier also
fundraising
business funding
UAE’s first store management platform Dukkantek secures $5.2 million funding in its seed round
The cloud-hosted software allows business owners to keep track of transactions, monitor sales, calculate VAT, generate reports, and calculate profit margin. Additionally, its cloud inventory management (IM) helps track stock, manage stock value, organise the inventory, manage fast-moving products, and generate reports for analysis
Entrepreneurs
Behind the start-up helping to launch entrepreneurial funding journeys
How N2 Technology is connecting start-up founders with investors to facilitate the fundraising journey, a global challenge
business deals
Middle East and Africa region sees spike in start-up funding as investments hit $2.1bn in H1
Series B fundraising by start-ups accounted for the highest share in value terms, cornering 40 percent of the total investment pie this year, while early stage ventures topped the table in terms of the number of funding deals closed so far, latest research shows
Expo 2020 Dubai
Dubai-based Udrive completes $5m funding round, eyes up Expo boost
App-based pay-per-minute car rental service to double its fleet over the next three months, with a 500% revenue growth target in the next 12 months
Ali Sajwani
Crowdfunding: Advantages and disadvantages in a post-Covid world
Given the dire straits the pandemic has created for many SMEs, it could be that crowdfunding provides a vital business lifeline beyond government and bank loans, handouts and support schemes – many of which are now drying up
Angel Investors
Crowdfunding as a vehicle for a good economy
Crowdfunding improves democratisation of access to funding; it is a great alternative way to fund a new passion project or venture
Amir Hegazi
Video: What are Middle East startups getting right in the Covid-19 era?
Some of us remember the crash of 1987, the dot-com bubble burst of 2000-2001, and the 2007 financial crisis. With Covid-19, not only is the economic crisis sudden, the human impact is also horrific.
Entrepreneur
Video: UAE’s Startup Ecosystem
Janardan Dalmia, Founder of Trukkin, a Transport and logistics StartUp that raised $3.5 million in funding recently and Omar Al Ashi, Urent, a peer-to-peer vehicle sharing platform that just announced its partnership with SEED discuss the UAE’s startup ecosystem, fundraising challenges, and what needs to be done to encourage young entrepreneurs in the region.
Arabic audiobook
Entrepreneur of the Week: Sebastian Bond, Kitab Sawti
Sebastian Bond, founder of world’s largest Arabic audiobook platform
Arabic audiobook
Arabic audiobook start-up to create over 5,000 jobs for content creators
Kitab Sawti raised $6 million in funding from investors including Careem co-founder Abdulla Elyas
connecting investors
Crowd pleaser: FundedByMe’s Samer Toukan
FundedByMe MENA co-founder, Samer Toukan, explains why he believes there’s room for one more on the UAE’s crowdfunding scene
connecting investors
Video: How can investors and businesses benefit from the Middle East’s first equity crowdfunding platform?
Brand View: FundedByMe, an equity crowdfunding platform, has recently launched operations at the DIFC after obtaining full equity crowdfunding license from the DFSA.