Wamda
Oct 7, 2024 · Crowdsourcing. Wamda accelerates entrepreneurship ecosystems across the Middle East and North Africa region through its sector-agnostic investment vehicle, Wamda Capital, which invests in high-growth technology and tech-enabled startups. Its leading knowledge platform provides the region with impactful thought leadership and research, community ...
Egypt’s Telda raises $20 million Seed round - Wamda
Oct 13, 2022 · Telda, an Egyptian consumer money app, raised $20 million in a seed funding round led by Global Founders Capital with participation from Sequoia Capital and Jack Dorsey’s Block. Telda will use the funds to expand into new markets and build its product offering according to its statement. The startup obtained the final approval from The ...
EdVentures selects eight Egyptian edtech startups to support
News • 26 September, 2024. Egypt-based EdVentures, the VC arm of Nahdet Misr Group specialising in edtech, has invested in eight new edtech startups. The eight startups, including Elkheta, Saikoro, The Copywriter, Techy App, SchoolZ, ArmStrong, Tutoro and InvestED, will join EdVentures' recent business accelerator programme.
Wamda
At Wamda Capital, we invest in transformational businesses and create meaningful partnerships with entrepreneurs. Our experience in launching and growing MENA businesses, together with a community of experts and mentors at the Wamda Platform, mean our entrepreneur partners are uniquely placed to realize their vision.
Syarah raises $20 million in Series B round - Wamda
News • 29 August, 2021. Arabic. Saudi Arabia-based car marketplace Syarah has secured $20 million in a Series B round co-led by Impact46 and Elm company, with participation from Budget (United International Transportation Co.), Vision Ventures, and Yousef Al-Rashidi, the founder of Haraj. Founded in 2015 by Salah Sharef and Fayez Al-Anazi ...
Ride-hailing in Egypt: A global tug-of-war - Wamda
Aug 24, 2021 · This is in addition to the Russian-founded ride-hailing firm inDriver, which kicked off its operations in Egypt last year. “As the cash cow that it is, the Egyptian [market] is still lucrative for global companies to operate in,” says Mohamed Ragab, business development representative at inDriver. He adds: The cost of setting up a ride ...
Noon.com to raise $2 billion over three to four years - Wamda
Oct 4, 2021 · Source: Gulf Business. Amazon.com’s Middle Eastern rival Noon.com is set to draw as much as $2 billion in financing from investors including Saudi Arabia’s sovereign wealth fund over three to four years, as it seeks to capture a larger slice of the Gulf e-commerce market. The investments from the Public Investment Fund and others will be ...
VentureSouq launches $50 million fund - Wamda
Nov 21, 2021 · GCC-based VC firm VentureSouq has launched the $50 million Mena FinTech Fund I, aiming to invest in early-stage fintech and SaaS companies across the Middle East & North Africa and Pakistan region (MENAP). The fund is backed by the Saudi Venture Capital Company (SVC) and the Jada Fund of Funds, Bahrain’s Al Waha Fund of Funds, UAE’s ...
Crowdfunding platform Manafa secures $28 million Series A round
Dec 28, 2022 · Saudi Arabia-based fintech Manafa, has closed its Series A funding of $28 million (SAR106 million), led by STV and Wa’ed Ventures, the venture capital arm of Saudi Aramco. Founded in 2018 by Abdulaziz Al-Adwan and Amr Murad, Manafa provides financial products tailored to fulfil the needs of SMEs in various sectors by offering debt and equity ...
This is how Jamalon brought print-on-demand to the MENA
Aug 16, 2017 · Jamalon has a POD model, which is frequently upgraded. Alsallal said his goal is for Jamalon to become the McDonald’s of operations in the region. “When someone orders from McDonald’s, they have a challenge to deliver within 30-60 minutes,” Alsallal said. “If you have print-on-demand in every country, fast delivery becomes a prime ...