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The logistics platform OTO, based in Saudi Arabia, has secured $8 million in a Series A fundraising round led by Sanabil Investments. Sadu Capital, Iliad Partners, Propeller, and Soma Capital have all participated in the funding round.

[FUNDING NEWS] Turkey-Based OTO Raises $8 Million in Series A Round...

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Wego, MENA's largest online travel marketplace and number one travel app, partnered with Visit Valencia and Tourspain to promote the city as a top tourist destination.

UAE-Based Wego Partnered with Visit Valencia to Promote the Spanish City...

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The World Bank Group's International Finance Corporation (IFC) is giving developer Ayala Land (ALI) up to PHP $250 million in a sustainability-linked loan (SLL) to promote green buildings in the Philippines.

Philippines-Based Ayala Land Secures $250 Million Loan from IFC

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Singapore-based generative AI startup TAU Intelligence has partnered with Jardine Matheson and Intel to launch resource-efficient AI solutions.

Hong Kong-Based Jardine Matheson Partnered with Tau Intelligence

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According to a stock exchange filing on, listed media and gaming company Nazara Technologies announced the purchase of an additional 48.42% share in its subsidiary, Paper Boat Apps, for Rs 300 crore, increasing its overall ownership in the business to 100%. Cash will be paid out in installments.

Gaming Firm Nazara Technologies has Acquired 48.42% Stake in Subsidiary of...

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To promote rural innovation, T-Hub, an innovation ecosystem located in India, and Suzuki's Next Bharat Ventures have formed a strategic alliance.

India-Based T-Hub Partnered with Suzuki’s Next Bharat Ventures

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Medical diagnostics startup JaxBio Technologies, based in Netanya, Israel, was awarded a $2.73 million grant by the European Innovation Council (EIC) Accelerator.

[FUNDING NEWS] Israel-Based JaxBio Technologies Raises $2.73 Million in Funding

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A new generation food and beverage company called Ninecamp Ventures has received $2 million from well-known angel investors and non-institutional investors in its seed round.

[FUNDING NEWS] India-Based Ninecamp Secures $2 Million in Seed Round Funding

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Under the esteemed business India Seed Fund Scheme (SISFS) programme, AugurAI Private Limited, the first AI-enabled vision inspection business in optics, has raised 50L in a seed funding round headed by the SASTRA FIRST Technology Business Incubator (TBI).

[FUNDING NEWS] India-Based AugurAI secures SISFS Seed fund  through SASTRA FIRST...

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Lableb, a UAE-based provider of NLP technology, was purchased by Majarra, an Arabic digital content company, for an unknown sum.

UAE-Based Majarra Acquires with Lableb

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