NFTing the Middle East is in process despite limited regulatory framework. More on the effects of #NFTs on our region in our June newsletter🗞️https://mailchi.mp/arzanvc/nfting-the-middle-east

Our Fund I company @Munchon_UAE got acquired by @CareemUAE. MUNCH:ON was founded in 2016 by Mohammad Al Zaben, Dana Baki, and Awn Ali, and it grew into is a food subscription-based platform.
MUNCH:ON team -- the best of luck on your next endeavors!😎

☀️🚀 FAMILY POSTCARD (MAY-JUNE'22)

@AiKlaim’s Karim Dakki @ledakki is the Founder of the Year

@repzoapp is one of the top Arab World-based CRM companies

@SwvlEgypt acquired Zeelo, a UK-based B2B smart buses operator

+ the latest issue of @QoyodAPP’s magazine is out!

What inspired us most about #Fatura - apart from their team - is their execution and ability to tap into different verticals and diversify away from FMCG, which allowed them to be attractive for the lending space and predisposed them for an early exit opportunity. @Hasan_zainal

Congratulations to Khazenly team who raised $2.5M in a Seed round co-led by Arzan VC and @ShorooqPartners, with participation from Camel Ventures, @AverroesV and various angel investors.
😎

https://techcrunch.com/2022/06/15/khazenly-an-egyptian-on-demand-warehousing-and-fulfillment-platform-raises-2-5m-seed-funding/