Investors in the round include MEVP, Impact46, Watar Partners, Saudi Venture Capital (SVC) Company, Wamda Capital and the Alzamil family.
Jordanian handbag designer, Farah Al Asmar, has found her niche in affordable luxury fit for a queen. Now she’s looking to expand her style, by inviting in a fresh perspective.
Samih Toukan and Hussam Khoury, founders of Maktoob, were among the investors in Ola’s last round.
Nearly 18% of startups in this GCC country was founded by women, showing that it is successfully bridging the gender divide in entrepreneurship.
The Indian meat and seafood e-commerce company has bagged total funding of $13 million till date.
The deal, which is the largest technology transaction in the Middle East, got an approval from the UAE Ministry of Economy.
The Series D funding round was led by both new and existing investors of the startup that is reforming the way business is done by automating mundane tasks.
The investment comes as part of a new long term partnership that includes collaboration on both technology and commercialization efforts.