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Egypt’s Fincart Secures $2.8 Million Seed Funding to Scale E-Commerce Logistics Platform

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Fincart

Cairo: Egypt-based e-commerce logistics startup Fincart has raised $2.8 million in an oversubscribed seed funding round to accelerate its expansion across Africa and the Middle East. The investment will support the company’s technology development, commercial growth, and strategic partnerships as demand for integrated e-commerce infrastructure continues to rise across the region. The funding round was … Read more

Consumer Rewards Startup Onpoint Raises $600,000 in Pre-Seed Funding to Expand Loyalty Platform in India

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Onpoint Founders

New Delhi: Consumer rewards startup Onpoint has raised US$600,000 in a pre-seed funding round to strengthen its technology platform, expand merchant partnerships, and accelerate user acquisition across India. The funding round was co-led by First Cheque, an investment initiative backed by the IndiaQuotient group, and Whiteboard Capital. The round also attracted participation from several angel … Read more

Zave Raises ₹4.7 Crore to Scale AI Shopping Assistant, Strengthen Product and Platform Capabilities

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Zave

Bengaluru: AI-powered shopping assistant startup Zave has secured ₹4.7 crore in a bridge funding round led by Inflection Point Ventures (IPV), with participation from Mucker Capital. The fresh capital will help the startup enhance its artificial intelligence capabilities, strengthen platform infrastructure, and accelerate product development as it prepares for its next phase of growth. The … Read more

Actis Sells ₹151.6 Crore Worth of Pine Labs Shares as Fintech Firm Reports Strong Profit Growth

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Pine Labs CEO Amrish Rau

London-based investment firm Actis has sold shares worth approximately ₹151.6 crore in Indian fintech company Pine Labs through a market transaction, continuing the trend of stake sales by early investors following the expiration of the company’s post-IPO lock-in period. According to exchange data, Actis Pine Labs Investment Holdings offloaded 9.83 million shares at a price … Read more