Logistics (MENA) 
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Supply chain startup Omniful secures USD 5.85 mn in seed funding round
Funds will go towards ramping up the startup’s operations in MEA and India, as well as sales and marketing
Sustainable mobility startup Neo Mobility launches operations in UAE following USD 10 mn seed funding round
The startup is looking to expand its electric motorbike fleet to 5k by 2025
India’s central bank drafts measures to make the INR a global currency. PLUS: BP invests in methanol, Airbus deliveries rise, and Lufthansa Cargo to receive fire-proof containers
India’s central bank is drafting measures to make the INR a “global currency,”Reuters reports. The Reserve Bank of India’s Inter-Departmental…
Moroccan B2B e-commerce startup Chari raises USD 1.5 mn in pre-series A round led by VKAV
The startup aims to expand its market share and add new revenue streams, like embedded fintech
UAE-based Freight platform Transportr secures seed funding round
The funds will be used to help kickstart its expansion plans
Dubai’s InstaShop acquires wholesale marketplace GroCart
The acquisition will see it expand its market presence across the MENA region
Moroccan logistics startup Colis lands USD 50k investment from The Baobab Network
The startup is part of The Baobab Network’s accelerator program, which helps connect it with VCs and angel investors
Saudi logistics startup OTO marks entry into Turkish market
OTO is planning to focus on providing shipping services to retail and e-commerce players
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