The Abu Dhabi-based private equity firm supports buyout deals for mid-market companies, such as startups and SMEs.
The acquisition will see 100% of Advans Pakistan Microfinance Bank purchase from Advans S.A. SICAR.
This recent investment will allow Zetta Technologies to further enhance customer experiences and solidify partnerships.
The collaboration is geared towards supporting the growth of Saudi homegrown companies focused on technological innovation.
The investment, which includes a mix of equity and financing, aims to boost home advertising in the Saudi market.
The fund will allow investors to become exposed to fast-growing mid-market companies with high potential across several sectors.
Looking to expand beyond the region, Podeo is planning to enter key markets in Asia and Africa soon.
The new funds will enable Rakeez Capital to further develop its innovative financial solutions and advance its AI technologies.
Mazadak aims to simplify the auction process by connecting buyers and sellers through its e-commerce marketplace.
These initiatives are part of SAP's commitment to enabling co-creation and innovation in Saudi Arabia's business landscape.
The startup aims to address industry challenges like fragmented supply chains and operational inefficiencies.
Their plans include further investments in strategic locations across Riyadh, Jeddah, and the Eastern Province.
The Extend Fund will focus on supporting media production and Arab cultural endeavours across the Kingdom of Saudi Arabia.
This program intends to promote gender equality and women’s economic participation in the UAE.
The startup has enabled $7 billion in e-commerce sales since its founding, and currently serves over 80,000 active merchants.