Rocket Internet'sNamshi, the Middle East’s leading online store for fashion and lifestyle, has secured funding through its German holding company of US$13 million by the growth equity firm Summit Partners to sustain its accelerated growth target.
This is the second investment by Summit Partners in Namshi, further affirming the investors’ c...
iMENA Holdings, an integrated and actively managed group of leading online businesses in the MENA region, announced that it invested in OpenSooq.com, a leading Arab world online classifieds business that offers its users the ability to buy and sell products and services online through online classifieds postings across many categories including...
ikoo, the integrated digital marketing solution provider with the largest reach in the Middle East and North Africa [MENA], announced a major partnership with STC Ventures, which has invested US$3 million in the company.
The investment will be used to start new initiatives and future growth including its video network, performance network, au...
Saudi Telecom Company and Iris Capital (STC Ventures’ Fund Manager)
announced today that STC Ventures Fund has recently concluded the acquisition of a significant minority stake in IT Interactive Software Company (Acadox). Acadox is one of the early startup companies that has recently graduated from the New Ventures & Entrepreneurship Prog...
Dakwak, a website translation technology provider, has secured a $100,000 investment from 500 Startups in a second round of seed investment.
In addition to the investment, Dakwak will be joining 500 Startups Accelerator Program (Spring batch 2013), which is one of the top 5 accelerator programs worldwide! Dakwak’s team has headed to the...
Kingdom Holding Company (KHC), chaired by Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud , led a consortium of investors advised by QInvest LLC, Qatar's leading investment bank, for the acquisition of a strategic stake in 360buy Jingdong Inc. for the value of $400 Million. The investment by KHC in this deal was approximately $125 Million.
Th...
500 Startups, the Silicon Valley-based venture capital seed fund and
startup accelerator that helps grow startups and get them on track to success, has investments in over 20 countries, and just announced its first in the Arab World, one it hopes will be of many.
The start up is the local reviews site Jeeran, a reviews platform
based in Jordan...
E-commerce in the region is reaching the tipping point, as the market seems more mature to deal with this type of commerce, yesterday LivingSocial one of the leading group buying sites in the world acquired GoNabit.
Earlier this month, Ideavelopers closed a deal with Sherif Nassar, Founder and CEO of nefsak.com, where Ideavelopers will invest 1...
National Net Ventures (N2V), the Internet Holding company, unveiled a new investment in Qaym.com, the Arab portal specialized in rating restaurants.
Investing in qaym.com is the third investment N2V announces during this month, and it aims at diversifying the company’s investments in the Arab website, especially ones that offer new, add-value ...
National Net Ventures (N2V) announced today a joint investment with several Arab executives in AqarMap.com, a real estate portal that is based on interactive Satellite Maps. N2V’s investment in AqarMap.com coincided with the investment of Jamal Al-muttareb, CEO of almuttareb group and Fadi Ghandour, MENA Venture Investments CEO.
Amount of in...
Follow us:
By 
By
