Startups
Bykea secures new funding with $10M additional investment from existing investors
Bykea, Pakistan’s leading bike-ride sharing, and on-demand delivery platform announced today that it has secured a fresh $10M investment from its existing backers. Investors in…
Egyptian digital logistics startup – Khazenly – raises $2.5 million in seed funding
Khazenly, the Cairo-based on-demand digital warehousing and fulfilment platform, announces its successful seed fundraise of $2.5 million. The funding round was co-led by leading regional…
Rider takes off with a $3.1M seed round to courier Pakistan’s businesses into the 21st century
Rider, Pakistan’s first-ever logistics start-up to be backed by YC, is building modern logistics for online sellers across the country. In doing so, the start-up…
Microsoft for Startups MEA’s GrowthX Accelerator cohort 2 reaches conclusion mark
The second edition of Microsoft for Startups’ GrowthX Accelerator program is nearly through completion, with the cohort of 21 startups gaining invaluable knowledge aimed at…
VEON Ventures reignites Pakistan’s startup economy by investing US$ 15 million in Dastgyr
VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator that provides mobile connectivity and services, announces today that the Group’s VEON Ventures division…
Farmdar, a Pakistan based agritech raises $1.3 million in a Seed round
Farmdar uses deep-tech with high-res, multi-band satellite imagery to create actionable data for farmers and corporates. This data has a direct result on the efficiency…
Paymob raises $50 million in Series B Funding Round
Paymob, Egypt’s market-leading omni-channel merchant financial services platform, today announced it has raised US$50 million in Series B funding. The proceeds will be used to…
Airlift realigns strategy amidst global recession
In light of the significant downturn in global capital markets, Airlift is undertaking a strategic realignment to reduce the surface area of operations and to…
Sustainable Agtech firm – Red Sea Farms – attracts $18.5 million strategic raise as tech performance surpasses expectations
Red Sea Farms, the Saudi Arabia and UAE AgTech business whose one-of-a-kind technology enables commercial farming using a low energy, zero freshwater sustainable climate control,…
YAP secures In-Principle Approval from the State Bank of Pakistan for an Electronic Money Institute (EMI) License
YAP, a leading fintech revolutionizing the digital banking experience in the Middle East, Africa and South Asia has announced that it has been granted an…
Y Combinator-backed startup, Pylon, announces $19 million funding round
Pylon, the infrastructure management platform transforming electricity and water companies in emerging markets, announces a $19 million seed funding round. The seed round for the…
Paymob aims to empower Pakistani merchants with online, POS and “Tap on Phone” payment solutions
Paymob, MENA’s market-leading digital payments provider, announces its formal market entry, and the start of operations, in Pakistan. Paymob’s exciting expansion into Pakistan follows its…











