OTO announced a $3 million funding round from MEVP & Derayah Capital, making it the largest seed raised by a SaaS company in MENA. The Riyadh-based company has built a technology that helps eCommerce brands ship, manage, track, and return their online orders with 100+ shipping carriers via one single dashboard. Mohammad Al-Razaz (CEO) and […]
The Luxury Closet, the leading GCC online luxury resale marketplace, announced it has secured a $14 million equity capital raise in a round led by GMP Investments, with participation from regional and international investors including HB Investments, Nazer Group, MEVP, and MLM Investment Company. The capital raised will accelerate The Luxury Closet’s already robust global […]
Anghami, an Arabic music streaming service is set to be on New York’s Nasdaq stock exchange list as part of a merger deal valuing platform at up to $230 million. It is assumed that the listing will be closed by the end of May or early June. Meanwhile, Vistas Media Acquisition Co. Inc. has already […]
