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Flextock raises $3.25 million pre-Seed round

Flextock raises $3.25 million pre-Seed round Egypt-based e-commerce logistics marketplace Flextock, has raised a $3.25 million pre-Seed funding round from regional investors including Egypt-based Foundation Ventures, Saudi Arabia-based Jameel Investment Management Company, UAE-based Access Bridge Ventures, along with undisclosed angel investors in the GCC.  Global investors in this round include China-based MSA Capital, South Africa-based CRE Venture Capital, US-based Alter Global, YC Combinat...
South Africa Jesse Sullivan Mazen Nadim Ben Harbrug Mohamed Mossaad Jameel Investment Management Company Saudi Arabia
Source: wamda.com

Indonesian edtech CoLearn gets $10M Series A led by Alpha Wave Incubation and GSV Ventures – TechCrunch

Indonesian startup CoLearn started as a chain of physical tutoring centers and was in the process of shifting to a hybrid offline-online model when the COVID-19 pandemic hit. The team sensed that remote learning would permanently change how students want to be tutored and decided to focus completely on its app, which launched in August […]
Abhay Saboo Marc Irawan Deborah Quazzo Sandeep Devaram Organisation For Economic Programme For International Student Assessment

Founded by Former Flipkart, Amazon Execs, E-Commerce Firm Ula Raises $20 Mn in Funding

Ula Co-founders [Image - ula.app] Jakarta, Indonesia headquartered Ula, which aims to help small retailers solve inefficiencies that they face in supply chain, inventory and working capital, has raised $20 million in a Series A financing round led by existing investor Quona Capital and B Capital Group. Other existing investors including Sequoia Capital India and Lightspeed also participated in the round. Ula was, founded last year in January, by a former executive of Flipkart in India, Nipun ...
Jakarta Raya Riky Tenggara Alan Wong Derry Sakti Nipun Mehra B Capital Group

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