Egypt B2B E-commerce platform Fatura raises 7-digit funding

Egypt based B2B E-commerce platform, Fatura announced on 13th August, 2020, that it has secured a 7-digit US dollar seed funding to help scale it. The round was led by Disruptech which is Egypt's first fintech focused Venture Capital Fund. Other participants include Cairo Angels and EFG EV. The start-up bridges the gap between retailers and FMCG wholesalers and provide...

Seated bags US$ 30M, acquires VenueBook to augment restaurant events business 

Seated bags US$ 30M, acquires VenueBook to augment restaurant events business

New York-based restaurant booking startup Seated has bagged funding of US$ 30M in August 2020 in a combined Series A and B funding round, led by Insight Partners and Craft Ventures along with participation from Greycroft (Bo Peabody, Seated’s Co-founder and Executive Chairman is a venture partner here) and Rho Capital Partners. With the funding announcement, it has also...

iKala raises US$ 17M in Series B funding 

iKala raises US$ 17M in Series B funding

Taiwan-based AI-driven startup iKala has raised US$ 17M in a Series B funding round held in August 2020, led by Wistron Digital Technology Holding Company along with participation from existing investors Hotung Investment Holdings Limited and Pacific Venture Partners.  The latest round brings the startup’s total funding to US$ 30.3M raised to date. Proceeds from the round will be used to...

FoodTech startup DayDayCook raises US$ 20M in funding 

FoodTech startup DayDayCook raises US$ 20M in funding

Hong Kong-based FoodTech startup DayDayCook has raised US$ 20M in a new round of funding held in August 2020, led by Talis Capital along with participation from Ironfire Ventures. Capital raised will be used to develop its multi-functional food platform, which has users mainly belonging to Mainland China. The latest round, being it's fourth brings the startup’s total raised capital to...

Masai School secures US$ 2.5M in Series-A funding 

Masai School secures US$ 2.5M in Series-A funding

Bengaluru-based EdTech startup Masai School has secured US$ 2.5M in a Series-A funding round held in August 2020, led by Unitus Ventures along with participation from India Quotient and AngelList India. The latest round brings the startup’s total funding to US$ 2.7M to date. Proceeds from the funding round will be used to recruit industry professionals to build and teach, and...

Flipkart launches ‘Flipkart Leap’ – A startup accelerator program

Flipkart Leap

With an aim to help innovative and upcoming startups, e-commerce major Flipkart has launched its very own startup accelerator program – ‘Flipkart Leap’ on 10 Aug 2020. The accelerator program will identify and support innovative startups to navigate challenges & scale. Flipkart Leap aims to promote the startup ecosystem of India and support ‘Start-up India’ and ‘Make in India’. It...

Mumbai and Denver-based CometChat raises US$ 1.6M in seed funding round

CometChat

Mumbai and Denver-based CometChat, a cloud-based platform raised US$ 1.6M in its seed funding round on 19 August 2020. The participants in the funding round include iSeed Ventures, the micro fund floated by Utsav Somani, India head of US-based investment crowding platform AngelList, Colorado-based VC firm Range Ventures and New York based VC firm Silicon Badia among others. The funds raised...

Sea Food supply chain platform Captain Fresh raises USD 2.3M from Ankur Capital 

Captain-fresh

India based Freshwater fish & seafood Supply Chain platform, Captain Fresh announced on 17th August, 2020, that it has bagged USD 2.3M in a pre series A funding round. The investment was led by Ankur Capital. Silicon Valley based angel investors and Incubate Fund India also participated in investment. The company claims to utilize the latest capital in technologies such...

African tech startup Africa Foresight Group bagged USD 700K in a seed round led by GFH Holdings

Ghana based platform providing access to the network of freelance management consultants in Africa, Africa Foresight Group (AFG) has announced on 4th August 2020, that it has secured a seed investment worth over USD 700K. The round was led by GFH Holdings and Consonance Investment Managers. The start-up intends to use the funds to further expand across the continent. Director of...

Dubai based cloud kitchen platform iKcon secures USD 5M from Arzan Venture Capital and others

IKcon

Dubai based, iKcon which is a cloud kitchen platform has announced on that it has secured USD 5M in a pre-series A round. The investment was led by Arzan Venture Capital, Nazer Group and AITouq Group. This latest funding brings the total investment raised by the company to USD 10M. Founded in the year 2019, by Kareem Abughazaleh (COO) and...