Jojo Puthuparampil

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Jojo Puthuparampil is a business news writer for Inc. Arabia.
MBC invests in Wego

Wego Raises $12 Million & Marketing Muscle From A MENA Broadcasting Giant

Regional broadcaster MBC Group has invested $12 million in travel search site Wego, it was announced this week. The investment will accelerate Wego’s growth across the Middle East and North Africa region, MBC... (contd.)
UAE startups bag 1 dhs million

Three UAE Startups Bag A Cool Million Dirhams Under Dubai’s Expo 2020 Initiative

Three UAE-based startups—Smart Labour, International Center for Biosaline Agriculture and Ver2 Digital Medicine—have received funding worth Dhs1 million each through Expo Live, the innovation program of Expo 2020 Dubai.Smart Labour is a... (contd.)
JadoPado Esanjo Blockchain

After Noon, JadoPado Founder Gets On The Blockchain Train

Omar Kassim, the Dubai-based founder of online marketplace JadoPado, has launched another startup that aims to facilitate real estate transactions using blockchain technology.Kassim—who recently sold JadoPado to Noon, the e-commerce platform headed... (contd.)
GCC firms not ready for VAT

Just How (Not) Prepared Are GCC Firms For The Coming Of The VAT?

A vast majority of firms in the GCC have not made budgetary provisions for VAT, according to a new survey.This is despite analysts’ prediction that VAT will increase costs for businesses and... (contd.)
Skype WhatsApp UAE

Du Is “Okay” With Skype, WhatsApp As Long As They Partner Up For The UAE

UAE's second largest telecom provider Du is open to offering voice over internet protocol (VoIP) services such as Skype and WhatsApp through its network if such services are offered in partnership with... (contd.)
Mumm raises 200k from 500 Startups

500 Startups Backs An Egyptian Startup Making Entrepreneurs Out Of Stay-at-Home Women

Cairo-based online home-made food platform Mumm has received an investment worth $200,000 from Mountain View, California-based early-stage venture fund and seed accelerator 500 Startups.Mumm was one of the nine startups selected by... (contd.)
Noon gets Namshi founder as CEO

Noon.com Names Namshi Founder As New CEO As It Gears Up To Launch Before 2018

Dubai billionaire Mohamed Alabbar-owned e-commerce platform Noon.com, which was due to launch in January this year and has reportedly been plagued by numerous issues, has appointed Faraz Khalid, the founder of online... (contd.)
Cairo Angels Bosta

Cairo Angels Back An Egyptian Logistics Tech Startup

Egypt-focused angel investor network Cairo Angels has made an undisclosed investment in Bosta, a Cairo-based logistics tech startup.Bosta is an on-demand delivery platform that allows users to send, receive and track their... (contd.)
Careem invests $500,000 in Swvl

An Egyptian Bus Transport Startup Has Snagged a Cool $500k From Careem

Dubai-based ride-hailing service Careem has invested $500,000 in a seed round in Egyptian bus transportation network Swvl.Swvl aims to provide affordable public transportation solutions to Egyptians and others in emerging markets. It was... (contd.)
Nol cards use for retail outlets in Dubai

Dubai’s Nol Card Moves A Step Closer To Be The City’s Use Everywhere Card

Public transport payment solution Nol cards can now be used for retail purchases at 1,000 retail outlets across Dubai, according to the Roads and Transport Authority (RTA).The facility has already been available... (contd.)
Yallpickup raises money

UAE-based On-Demand Pickup Truck Startup Raises $270,000

Yalla Pickup, a mobile application and web-based solution to order pickup trucks to move large consignments, has raised a fresh funding worth Dhs 1 million ($270,000) from another firm, ‘The Box’.The Box... (contd.)
Kuwait’s Arzan Venture Capital plans to launch a pre-seed platform to fund idea-stage startups that have a minimum viable product (MVP) but are yet to elicit traction.

This Kuwaiti VC Fund Is Launching A Pre-Seed Funding Platform

Kuwait’s Arzan Venture Capital plans to launch a pre-seed platform to fund idea-stage startups that have a minimum viable product (MVP) but are yet to elicit traction.The platform will be launched by... (contd.)
Inc. Arabia Starz Play Arabia

Netflix’s MENA Rival Raises Fresh Funding To Win Over Cable Cutters In Emerging markets

Middle eastern on-demand video streaming service Starz Play Arabia has raised an undisclosed amount in fresh funding. The latest round has pushed the funding raised by Starz Play Arabia so far to... (contd.)
ArabianChain raises funding

A UAE-based Blockchain Startup Has Raised A Cool $800,000 In Fresh Funding

UAE-based blockchain startup ArabianChain has raised Dhs3 million ($817,000) from Arabian Bugshan board member and House of Invention International vice president Ahmad Abdullah Bugshan.The firm has developed a public and decentralized platform... (contd.)
Middle East It Cybersecurity

Middle East Businesses Are A Little Too Confident When It Comes To Cybersecurity

Most IT professionals in the Middle East believe their perimeter security is effective at keeping unauthorized users out of their networks, despite nearly 1.4 billion data records globally and 45.2 million data... (contd.)

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