Careem’s Exit Is More Than a Business Decision—It’s a Red Flag for Pakistan’s Digital Economy
Careem’s announcement to suspend its ride-hailing operations in Pakistan after more than a decade is not just the end of…
Startup
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Bahrain-Based Foodtech Startup Lola Raises $1.3 Million in Pre-Seed Funding for GCC Expansion
Lola, a Bahrain-based foodtech startup, raised US$1.3 million in a pre-seed funding round led by Vision Ventures and Plus VC. The investment will support Lola’s expansion in Saudi Arabia and the GCC region, enhancing its customizable cake-ordering service and enabling future product category growth in the personalized gifting market.
Lola Secures $1.3 Million in Pre-Seed Funding to Revolutionize Cake Customization and Ordering
Lola, a Bahrain-based startup offering customizable cakes through its mobile app, has raised $1.3 million in pre-seed funding. The round was led by Vision Ventures and Plus VC. Lola plans to enhance its platform, expand its team, and accelerate growth across Saudi Arabia and the UAE.
BrazzPR Secures $75K Funding for Wrkman through Digital Storytelling Campaign
BrazzPR raised $75,000 in funding for Wrkman through a digital storytelling campaign that utilized influencer marketing. The campaign successfully grew Wrkman’s user base to over 10,000, showcasing the power of strategic digital marketing and storytelling in attracting investors and users for startups in the tech sector.
Ma’an and Hub71 Partner to Support Social Tech Entrepreneurship in Abu Dhabi
Ma’an will provide resources, mentorship, and incentives, including the Social Certificate, to Hub71’s social startups.
