Update: N2V First Investment is with UAE Based Web Wedding Startup Yebab
There is no doubt at least to me that for any person wedding and getting married is one of the greatest blessing’s in life. Yebab help brides in United Arab Emirates (UAE) find various suppliers and services needed for the wedding, from caterers to dressmakers, artists, photographers and traditional musicians.
Yebab is now entering its next face as it got the first investment round from National Net ventures N2V, the Saudi holding and investment company we wrote about back in June 2010. N2V investment in Yabab is the company’s first.
The investment round was made in both cash and inkind, and will be used to expand Yebab in other Arab countries in the region and launch a new enhanced version of the site. N2V will also use its woman portal HawaaWorld.com to cross market Yabab’s services.
Yebab makes money from advertising the site is already cash positives.
Yebab is founded by serial Emirate entrepreneur Murshed Mohamed. Murashed’s other ventures are eMapia a location based marketplace and Darrb a crowed sourced delivery marketplace that seems offline now.
Update: In the press release site Murshed said the site has 200,000 users.