Header-template

 Global News

Subscribe our Newsletter

Subscribe to our mailing list to get the latest updates straight in your inbox.

HEADLINES

A report claims that in 2022, startups in the Middle East, Africa, Pakistan, and Turkey raised $7.2 billion.

Despite socioeconomic and geopolitical uncertainties, startups across the Middle East, Africa, Pakistan, and Turkey raised $7.2 billion through 1,473

Despite socioeconomic and geopolitical uncertainties, startups across the Middle East, Africa, Pakistan, and Turkey raised $7.2 billion through 1,473 deals last year, according to a report by data platform Magnitt.  According to studies, a decline in the value of latestage mega agreements caused the funding value to decline by 2% annually. According to Magnitt data, FinTech dominated both investment and deal volume in the MEAPT region. In 2022, the funding for the industry totaled $2.25 billion across 351 acquisitions. Four of the regions 13 megadeals, including Bahrains $110 million Rain transaction and Saudi Arabias $100 million Tamara contract, were closed by the fintech industry last year, according to the research. In terms of startup, Turkey was the regions MEAPT leader. Read More..

B2B Tech News | 3 years ago          

Toddle, an education technology startup, secures $17 million from Sequoia Capital India and others.

Toddle, an edtech SaaS software as a service startup, announced a $17 million funding round led by Sequoia Capital India on January 10. This comes as

Toddle, an edtech SaaS software as a service startup, announced a $17 million funding round led by Sequoia Capital India on January 10. This comes as B2C businesstocustomer K12 kindergarten through standard 12 online edtech startups in India face postpandemic challenges. TToddle is a platform for teaching and learning used by independent schools that offer IB International Baccalaureate and other progressive curricula. In FY21, the company lost Rs 0.2 crore after making Rs 1 crore in the previous fiscal. Toddle, on the other hand, has not yet made its FY22 financial statements public. Read More..

B2B Tech News | 3 years ago          

With its new barista range, Ulu Hye, a manufacturer of plantbased milk, makes a splash.

Ulu Hye, a plantbased milk brand, has announced the debut of its new barista range made from almonds, six months following its entry at Woolworths ASX

Ulu Hye, a plantbased milk brand, has announced the debut of its new barista range made from almonds, six months following its entry at Woolworths ASX WOW stores. The latest barista line is available in recyclable jars that may make three or six litres of plantbased milk depending on the size. In order to save 10 million milk cartons from the same fate, the environmentally conscious company distributes its products in recyclable jars, preventing the dumping of 800,000 containers to date. Ulu Hyes barista collection follows the companys June rollout of three flavours of its nut milk base jars in selected Woolworths supermarkets. Read More..

B2B Tech News | 3 years ago          

Indiabased live commerce companys $6 million seed round is led by Elevar Equity.

Peepul Tree, a live commerce platform based in Bengaluru, revealed on Wednesday that it has raised $6 million about Rs 49 crore in seed funding from v

Peepul Tree, a live commerce platform based in Bengaluru, revealed on Wednesday that it has raised $6 million about Rs 49 crore in seed funding from venture capital firm Elevar Equity. The extra cash will be spent for product marketing, content creator onboarding, and growing the tech portfolio. Anish Williams, Mini Menon, and Priya Jayaraman created Peepul Tree this year to engage with local craftsmen and content creators by aggregating supply through a clusterbased approach and managing the supply chain and logistics to customers through their software platform. It presently sources its products from 24 artisan groups. The startup intends to have 100,000 craftspeople and 500 crafts on its site by the end of 2023, as well as 1,000 content creators. Read More..

B2B Tech News | 3 years ago          

In Johannesburg, South Africa, Mahindra was named the brand with the fastest growth.

Mahindra, an Indian automaker, has been awarded the fastestgrowing brand in South Africa for 2022. According to a report by the National Association o

Mahindra, an Indian automaker, has been awarded the fastestgrowing brand in South Africa for 2022. According to a report by the National Association of Automobile Manufacturers of South Africa, the companys local subsidiary achieved multiple records in the previous year NAAMSA. During that time, Mahindra experienced compound yearly growth of 23.6%. The XUV300 was the fastestgrowing compact SUV in its market sector, having been named the safest car in Africa by the Global New Car Assessment Programme GNCAP. Read More..

B2B Tech News | 3 years ago          

Helbiz increases fleet size without increasing costs and is getting close to profitability.

Helbiz expanded its fleet significantly in several cities across North America, including Austin, Honolulu, and Orlando. The acquisition of Wheels, a

Helbiz expanded its fleet significantly in several cities across North America, including Austin, Honolulu, and Orlando. The acquisition of Wheels, a major player in California, adds a unique sitdown scooter service. Helbiz optimises operations by utilising proprietary fleet management technology, artificial intelligence, and environmental mapping. Helbizs fleet is growing in Austin, Honolulu, and Orlando. The company, which was founded in 2015, provides a diverse fleet of vehicles, including escooters, ebicycles, and emopeds. The expansion will not increase operational costs, which is a significant accomplishment. Read More..

B2B Tech News | 3 years ago          

The latest business venture of Penta founder Lav Odorovic, Relio, has raised €3 million.

Relio, a Zurichbased fintech startup, has raised €3 million in funding to support the launch of a digital payment account for business customers. La

Relio, a Zurichbased fintech startup, has raised €3 million in funding to support the launch of a digital payment account for business customers. Lav Odorovic, the CEO of the Swiss company, previously founded Penta, a neobank for SMEs in Germany that was acquired by Qonto. Relios first offering will be a digital payment account for business customers based on the companys AntiMoneyLaundering AML tech stack, which automates a number of compliance processes while also managing and minimising criminal activity. These checks are performed by Relios automated compliance system, which eliminates the possibility of human error. Read More..

B2B Tech News | 3 years ago          

Alii, a platform that detects invoice fraud, receives preSeries A funding of $21 million.

PreSeries A fundraising for Brisbanebased Alii totaled $2.5 million, with Maranello Capital being the rounds backer. With the investment, the company

PreSeries A fundraising for Brisbanebased Alii totaled $2.5 million, with Maranello Capital being the rounds backer. With the investment, the company will hire 18 more employees, strengthening its customer engagement and sales teams. According to Alli, in the past year, its customer base has grown by 240%. Last fiscal year, cybercrime cost Australian firms $98 million, with mediumsized enterprises being the hardest hit. With the most recent round of fundraising, the companys postfunding valuation has increased to $10.25 million. Read More..

B2B Tech News | 3 years ago          



Get The News to use newsletter to
stay on top of shifting Technology News Updates!!

...

Get Latest News To Your Inbox, Subscribe To Our Newsletter.


By signing up, you agree to our Privacy Notice and European users agree to the data transfer policy.



Take a break, Play Suduko!



Refresh Your Facts

1.  Global online sales are predicted to reach 22% of all retail sales in 2023.
   15243   

2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
   12715   

3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
   13077   

4.  Since the launch of the popular mobile game, Candy Crush, in 2012, players have spent a total of 73 billion hours (equivalent to 8.3 million years) playing this game.
   12817   

5.  Approximately 8 billion gadgets connect on the internet every day.
   15910   



Sharpen your mind and memory!

Play Mind Game



Your Opinion Matters, Vote Now!!

Where do you go to learn more about whats happening in your industry? Check all that apply.