Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
WafR has raised an oversubscribed $4 million seed round to expand its retail-based fintech network across Morocco. The company plans to grow to 100,000 merchants and introduce micro-insurance and credit scoring services, supporting the country’s transition from cash to mobile-first financial services.
Suplyd raised $2 million to scale its digital procurement platform serving 5,000+ Egyptian restaurants. The platform streamlines fragmented supply chains, ensuring 100% order fulfillment and real-time insights, with plans to expand services and deepen market reach.
MedIQ, a health tech platform based in Pakistan, raised $6 million in Series A funding to expand its operations across the GCC. With the backing of Rasmal Ventures and Joa Capital, MedIQ aims to strengthen its tech stack and scale in Saudi Arabia, Qatar, and neighboring markets.
Widebot, an Egyptian AI startup, has raised $3 million in a pre-Series A funding round to advance its Arabic language model, AQL Mind. The company, now based in Riyadh, Saudi Arabia, aims to provide accurate AI solutions for Arabic dialects, supporting businesses and government entities in the region.
vminds.ai, a Saudi-based AI startup, has raised a six-figure pre-seed funding round to launch its platform for individuals and businesses. The company aggregates over 150 AI tools and is affiliated with Microsoft and NVIDIA. It aims to expand regionally and globally through partnerships and strategic growth initiatives.
Bazzar Gate has secured $1 million in funding to enhance its e-commerce platform, Partners, which simplifies the launch of dropshipping businesses. The investment will facilitate expansion, improve user experience, and bolster marketing efforts, enabling the firm to strengthen its presence in the digital commerce sector.