Iraq’s largest eCommerce marketplace, Miswag, has raised over $1.6 million USD in Iraq’s first Pre-Series A round, on an undisclosed 8-digit valuation, to scale its Iraq operations and accelerate its massive growth over the next year. This funding closely follows its 6-figure bridge round last year, bringing the total outside capital raised for Miswag to […]
Etihad Airways recently announced the launch of the next phase of digital transformation for its finance division, which will leverage Microsoft AI to automate its bank-reconciliation process. The move will address the increasing demand for improvement in productivity and operational effectiveness in the post-COVID era. Etihad is set to make significant gains on efficiency by […]
Mycrane has appointed new franchisees in four countries – UAE, Oman, Kazakhstan and Uzbekistan — thus expanding the footprint of the world’s first digital platform for the search and selection of cranes. The appointments, confirmed during the recent Big 5 construction trade show in Dubai, mark the launch of Mycrane operations in some of the world’s […]
Supy, a UAE-based startup digitising the communication process between restaurants and suppliers, announced that it has raised $1.5 million in pre-Seed funding. The round was co-led by UAE-based investor COTU Ventures and US-based Valia Ventures (marking their first investment in Mena). The global F&B industry, particularly throughout the Mena region, suffers from significant inefficiencies across […]
Unifonic, the Riyadh headquartered customer engagement platform, recently announced its $125 million Series B funding round, led by SoftBank Vision Fund 2 and Sanabil Investments. Unifonic’s solutions integrate customer communication channels including text, voice, messaging and web into a single platform to enable companies to create stronger customer relationships. Consumers expect brands, governments, banks and […]
Podcasts are going mainstream and consumers who subscribe to six or more (which NCS calls “Power Subscribers”) do more than simply listen to their favourite programs; they actively discover and buy the products advertised in the audiocast. Sixty-eight per cent of Power Subscribers have made a purchase compared to 42 per cent of all podcast […]
Yegertek, a Dubai-based customer experience and loyalty tech solutions provider has received funding of an undisclosed amount from GCC and India focused Venture Capital firm NB Ventures, which is led by Dubai’s retail and technology investor, Neelesh Bhatnagar. “With a constantly increasing portfolio of high profile clients driving our rise, the funding from NB Ventures […]
Stord, the cloud supply chain platform, announced $90 million Series D funding led by Kleiner Perkins, with additional participation from Lux Capital, D1 Capital and Palm Tree Crew, and existing investors, including BOND, Dynamo Ventures, Founders Fund, Lineage Logistics, and Susa Ventures. In addition, Michael Rubin, Fanatics founder and founder of GSI Commerce, Carlos Cashman, CEO of Thrasio, Max […]
Tripadvisor, the travel guidance platform, recently announced a collaboration with Audible, the creator and provider of premium audio storytelling. Travelers will enjoy Audible’s unmatched library of exclusive Originals, audiobooks and podcasts, and “Trip Playlists” created by Tripadvisor Plus that deliver people-powered travel guidance. Now through November, this collaboration makes it easy for travellers to bring their […]
OpenX revealed the results of the company’s latest survey, examining how publishers are currently viewing and utilising first-party data. The findings highlight the critical role first party (1P) data will play going forward, with 85 per cent of publishers saying that 1P data will be important to their future revenue. However, while the vast majority […]
