RECENT ARTICLES

Saudi Arabia
Arib raises $23.5 million in round led by Merak Capital

Arib, a Saudi digital financing marketplace, has raised US$23.5 million in a funding round led by Merak Capital. The company plans to use the new investment to expand its platform and strengthen its position in Saudi Arabia’s rapidly growing fintech sector. The funding round also included Sharia-compliant Murabaha financing facilities showing the growing interest among […]

May 19, 2026
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India
Moglix appoints Amit Kumar as MD and chief business officer

Moglix, a B2B industrial commerce and deeptech company has appointed Amit Kumar as its Managing Director and Chief Business Officer. He has joined the company’s leadership team to help grow new business areas and create more expansion opportunities. Amit Kumar has more than 20 years of experience in consulting, business management, and enterprise transformation. Before […]

May 19, 2026
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India
Unacademy Test-Prep CEO Sumit Jain Resigns Ahead of upGrad Merger

Sumit Jain has resigned from his position as cofounder and CEO of Unacademy’s test-prep business before the company’s planned merger with upGrad, which was founded by Ronnie Screwvala. Jain joined Unacademy in 2020 after the edtech company acquired Graphy. In an internal message, Unacademy cofounder and CEO Gaurav Munjal said that Jain will continue to […]

May 19, 2026
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Philippines
V-GREEN expands ev charging network across the philippines

V-GREEN a company that develops EV charging infrastructure has signed agreements with the Bataan Provincial Government and Clean Fuel, a major fuel company in the Philippines, to expand electric vehicle charging and battery swapping stations in busy areas of Bataan and Cavite. The project aims to make electric vehicles easier and more convenient to use […]

May 19, 2026
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Australia
Arkeus raises $16 million in series A round led by QIC Ventures

Defence tech startup Arkeus has secured A$25 million (US$16 million) in a series A round led by QIC Ventures. The new funding will help Arkeus expand globally, build advanced manufacturing facilities in Queensland and the United States, and speed up the delivery of its systems to defence partners in allied countries. Arkeus develops AI-powered sensing […]

May 19, 2026
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RECENT ARTICLES

India
Owners ID raises $260K in pre-seed round led by Crucifer Investments

Owners ID has raised US$260,000 in a pre-seed funding round led by Crucifer Investments. The company said it will use the new funding to improve its products and technology, increase manufacturing capacity, upgrade its mobile app, develop AI-based recovery systems, strengthen its brand, and expand into global markets. Founded in November 2022 by Jesintha Louis, […]

May 19, 2026
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Egypt
GrowthLabs acquires Startup Gate to support startups across the MENA region

GrowthLabs has announced the acquisition of Startup Gate, a platform that connects startup founders, investors, and mentors. The deal is aimed at offering complete digital support for entrepreneurs and startups at every stage of their journey. This includes finding business opportunities, networking, fundraising, incubation, acceleration, and innovation programmes. With this acquisition, GrowthLabs says it is […]

May 19, 2026
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UAE
eVoost AI raises $2.2 million in round led by First Drop VC

eVoost AI, an Abu Dhabi-based proptech startup has raised US$2.2 million in a funding round led by First Drop VC. The company plans to use the investment to improve its AI-powered home sales platform and expand its business into more international markets. The funding round also saw participation from an investment vehicle connected to Hub71 […]

May 19, 2026
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India
Cellogen Therapeutics raises $2 million funding from Kotak Alts

Cellogen Therapeutics, a biotech company working on cell and gene therapy has raised ₹20 crore (around US$2 million) from Kotak Alternate Asset Managers. The company will use this funding to develop its CAR-T cancer treatment programs and expand its gene therapy research projects. It will also upgrade its manufacturing setup and strengthen regulatory systems to […]

May 18, 2026
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India
Trackk raises $3.16 million in seed round led by Lightspeed

Mumbai-based trading platform Trackk has raised Rs 30 crore (around US$3.16 million) in an extended seed funding round. The funding round was led by Lightspeed India with additional participation from Info Edge Ventures. The new investment values Trackk at around Rs 118 crore (about US$12.4 million) after the funding round was completed. According to regulatory […]

May 18, 2026
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