Wamda

Egypt

Source Beauty raises pre-seed funding

Egypt-based beauty e-commerce platform Source Beauty, has raised pre-seed funding from 500 Startups. Founded in 2018 by Lydia...

SourceBeauty ecommerce 500 startups

Saudi Arabia

SARY secures $6.6 million

Source: Reuters Saudi Arabia’s digital marketplace Sary, which connects small businesses with merchant wholesalers, has secured...

SARY ecommerce covid-19

Oman

MarkeetEx raises $1 million seed

Souce: MENAbytes Muscat-based ecommerce marketplace MarkeetEx has raised $1 million in a seed round, the startup announced...

ecommerce

Egypt

Cairo-based Homzmart raises $1.3 million seed

Sorurce: Menabytes Cairo-based furniture marketplace Homzmart has raised $1.3 million in a seed round, the startup...

ecommerce Egypt Homzmart

U.A.E

Adasat.com raises $350,000 in funding

Source: Laffaz Adasat.com is a new e-commerce platform based in Dubai that has recently raised $350,000 with the help of local...

contact lenses eye glasses sun glasses

Jordan

Mecal raises funding

Amman-based Mecal, an e-commerce platform focused on men’s accessories has raised funding from Palestine-based Ibtikar Fund and...

Investment men's accessories

Saudi Arabia

Zid raises $2 million pre-Series A

Source: Menabytes Zid, a Riyadh-based Shopify-like e-commerce management startup that helps people (and businesses) set up their...

ecommerce Saudi Arabia Retail

Egypt

Fawry to IPO within next few weeks at a valuation up to $330 million

Source: Menabytes Fawry, the leading Egyptian electronic payments company will go public within the next few weeks by listing its shares...

ecommerce MENA exchange

U.A.E

CE-Ventures Leads $11 Million Series A Round in India's FreshToHome

CE-Ventures, the corporate venture capital arm of UAE-based diversified global business, Crescent Enterprises, announced that it has...

Fresh food ecommerce

Regional

Emaar fully acquires Namshi

Dubai’s Emaar Malls has fully acquired e-commerce retailer Namshi. This follows acquiring the remaining stake of Global...

ecommerce Retail Fashion

Lebanon

Feel22 raises Series A

Source: MENAbytes Lebanese beauty ecommerce startup has raised a Series A funding round, the startup announced in a statement...

ecommerce ecommerce middle east beauty products

U.A.E

Melltoo closes bridge round

Dubai-based secondhand e-commerce platform Melltoo has closed a pre-series A round that it will use to expand its operational capacity...

uae ecommerce secondhand

Turkey

Turkey's Modanisa sells minority stake to Goldman Sachs

Modest fashion online retailer Modanisa today announced that it has sold a minority stake to Goldman Sachs and Wamda Capital. The...

ecommerce modanisa modest fashion

Kuwait

Kuwait's Agility to invest $100m in Shipa.com

Source: The National Agility, one of the largest logistics firms in the region, will invest $100 million in a digital logistics platform...

Logistics ecommerce

U.A.E

HolidayMe raises $16 million Series C

Source: MENAbytes Dubai-based HolidayMe has raised $16 million Series C in a round led by China’s Gobi Partners and joined by...

Series C ecommerce

U.A.E

Mumzworld closes $20m Series B round

Mumzworld, the Dubai-based e-commerce shopping platform for mothers across the Middle East and North Africa (Mena) region has closed its...

Mumzworld ecommerce

Regional

Impatient game-changers: millennials are changing economies and shaping e-commerce

Millennials are responsible for the rise of new digital trends according to MENA’s Millennials Decoded report conducted by research...

millennials Ipsos ecommerce

Global

Chinese ecommerce Jollychic gets funding from Sequoia Capital, hits a reported $1 billion valuation

Jollychic, a Chinese online store founded in 2012, has a value of $1 billion after a Series C round from the global venture firm Sequoia...

Sequoia Capital Jollychic ecommerce

Egypt

Egyptian online fashion rental platform raises $1M from Algebra Ventures and 500 Startups

La Reina, an Egyptian online platform for rental couture, announced receiving $1 million in a Series A funding round led by Egypt’s...

Egypt La Reina Algebra Ventures

Regional

More family businesses to engage with tech and innovation: Techstars’ Jag Singh

Last month, Wamda had the chance to catch up with Jag Singh, managing director of Techstars’ METRO Accelerator for Retail, ahead of...

lebanon Jag Singh techstars

Saudi Arabia

Saudi DokkanAfkar.com launches new ‘Designer Program’

DokkanAfkar.com, one of the first ecommerce websites in Saudi Arabia for creative products, announced the launch of its ‘Designer...

Saudi Arabia DokkanAfkar ecommerce

U.A.E

Goodness Cart, Dubai’s new healthy startup

Goodness Cart is a new ecommerce platform that launched today in Dubai to offer customers products across a range of categories including...

ecommerce

Saudi Arabia

Niche e-grocery stores are gaining momentum and this Saudi startup is taking note

A research led by Think with Google, found that millennials are very much concerned about their health. If they’re going to live...

Saudi Arabia ecommerce f&b

Saudi Arabia

Beauty ecommerce platform Golden Scent to expand following Series A funding round

Golden Scent, one of the leading Saudi beauty ecommerce platforms, plans on further growing the business after receiving a Series A funding...

ksa Golden Scent ecommerce

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