The deal will help Finablr tap into India's $200 billion digital payments market.
The startup did not reveal the exact funding amount but said that it is in the tens of millions, effectively making it one of the biggest rounds of funding in the MENA region.
Careem is on the lookout for investment to fund its expansion plans in the region and beyond.
Saudi Aramco, the world’s largest oil exporter has agreed to form a $8 billion joint venture with power generation firm ACWA Power and New York-listed chemicals giant Air Products to build a power
In a move to drive foreign investment in Saudi Arabia, family-owned business conglomerate Abdul Latif Jameel along with Japan’s Kosei Aluminum signed a Memorandum of Association (MoU) with the
UAE-headquartered Lulu Group International, owned by billionaire Yusuff Ali M.A., has stepped up its investment in South East Asia with a new facility in the Philippines. The Abu Dhabi-based retail
Saudi Arabian business tycoon Prince Alwaleed Bin Talal has announced that he has completed a $266.7 million (SAR1 billion) deal to buy newly issued shares in French music streaming service
In July Kuwait Finance House invited Bahrain’s Ahli United Bank to begin a due diligence process for a potential merger of the two financial institutions, creating Kuwait’s biggest Islamic