">
TechMoran
  • About Us
  • Deals
  • Jobs
  • Motoring
    • Money
  • Pitch Your Startup
  • Submit Your Post
  • Freelance Gigs
  • Travel
  • Men’s Corner
  • Dating
Friday, February 26, 2021
  • Startups
  • Reviews
  • Insider
    • Obituaries
  • Business
  • Women
  • Blockchain
  • Columnists
  • Hacks & Facts
    • How To
  • Editions
    • US Edition
    • India Edition
    • MENA Edition
    • Asia Edition
    • Europe Edition
    • International Edition
No Result
View All Result
TechMoran
">
Home Tech

MENA Venture Builder Enhance Closes Seed Round of $1.5M Led By  iNet, 500 Startups Among Others

Milcah Lukhanyu by Milcah Lukhanyu
3 years ago
in Tech
4 min read
0
Ritesh Tilani and Alper Celen, Co-founders of Enhance (PRNewsfoto/Enhance)

Ritesh Tilani and Alper Celen, Co-founders of Enhance (PRNewsfoto/Enhance)

Related posts

South Africa’s API developer Stitch raises $4m to make Africa a world-leader in fintech

February 25, 2021
0

Gozem appoints Othmane Bouhlal, co-founder of French ride-hailing firm Chauffeur-Privé’s to its board

February 25, 2021
0

How to Choose a Forex Broker?

February 25, 2021
0
tractor

Teenage Boy Has Created An Equipment That Lifts Objects Off The Ground

February 25, 2021
0

Enhance, the firm behind online marketplaces for the Middle East and Africa, has raised a seed round of USD 1.5 million with investment from iNet, 500 Startups, Shorooq Investments.

Founded in 2015, Enhance operates Dubai’s joi (joigifts.com), the region’s leading online gifting platform, and plans to utilize funding towards its rapid expansion to the rest of the Middle East.

With offices in Dubai, Riyadh, Jeddah and Cairo, and plans to use these capabilities beyond its current portfolio in subsequent vertical marketplaces, Co-founder Alper Celen says the firm firm is building MENA’s startup infrastructure.

“A Silicon Valley startup has immediate access to hundreds of millions of consumers in one market. In the Middle East, we have a fragmented market with different regulations, and fundraising remains a major challenge. Enhance is built to mitigate these challenges by being able to reuse its infrastructure, marketing, technical and funding resources across different businesses.”

The cash will be instrumental in the next phase of the company’s growth and increase the chances of success for MENA entrepreneurs given the unique challenges in the markets. Enhance promises to build great businesses that will offer better digital experiences to consumers, who are increasingly moving online.

READ  South Africa's Absa wants you to download your new bank account

The firm says it has been a great experience building an offline to online migration platform like joi. It now plans to use that experience to continue joi’s rapid growth and launch other vertical marketplaces that benefit from joi’s capabilities.

Readers 3,584

Share

  • Click to share on Telegram (Opens in new window)
  • More
  • Click to share on Tumblr (Opens in new window)
  • Click to print (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on Pinterest (Opens in new window)
  • Click to share on Reddit (Opens in new window)
  • Click to share on Pocket (Opens in new window)

Like this:

Like Loading...

Related

Milcah Lukhanyu

Milcah Lukhanyu

Milcah Lukhanyu covers daily news briefs at TechMoran. She is the person who will probably read your press release and get the story out of it or totally trash it. Send tips to [email protected]

Related Posts

Startups

South Africa’s API developer Stitch raises $4m to make Africa a world-leader in fintech

February 25, 2021
0
Ride Hailing

Gozem appoints Othmane Bouhlal, co-founder of French ride-hailing firm Chauffeur-Privé’s to its board

February 25, 2021
0
Columnists

How to Choose a Forex Broker?

February 25, 2021
0
tractor
Startups

Teenage Boy Has Created An Equipment That Lifts Objects Off The Ground

February 25, 2021
0
student-bluetooth-ft
Tech

High School Student Has Created An Amazing Bluetooth Speaker Using A Water Gallon

February 25, 2021
0
nokia-image
Tech

Nairobi Court Has Summoned Former Nokia CEO For Illegally Collecting Tax Information Of A Kenyan Tech Company

February 25, 2021
0
A salesman checks a customer's iPhone at a mobile phone store in New Delhi, India, July 27, 2016. REUTERS/Adnan Abidi
Tech

iPhone Is Number One In Global Smart Phone Sales

February 24, 2021
0
uber
Tech

UK Court Confirms Uber Drivers Are Have A More “Employee” Type Relationship

February 24, 2021
0

ADVERTISEMENT

Join our Mailing List

Loading

Recent Posts

gnuGrid, Uganda’s remote off-grid monitoring startup raises $250,000 for expansion

February 25, 2021

South Africa’s API developer Stitch raises $4m to make Africa a world-leader in fintech

February 25, 2021

Usiku Games targets 8 million primary pupils to bolster STEM learning

February 25, 2021

Gozem appoints Othmane Bouhlal, co-founder of French ride-hailing firm Chauffeur-Privé’s to its board

February 25, 2021
online shop

Number Of Kenyan Internet Shoppers Drop Massively

February 25, 2021
">
">

Follow Us

">

There are many sites out there focused on blowing off some steam, from funny entertainment to thrilling experiences like playing online, in some cases online gaming could grant you the chance to win extra money. We came across rocketpot.io while browsing for a good btc casino online and it left us a very good impression with their wide variety of games and crypto offering.

Privacy & Cookies: This site uses cookies. By continuing to use this website, you agree to their use.
To find out more, including how to control cookies, see here: Cookie Policy

© 2019 Moran Media Group - All rights reserved TechMoran.

No Result
View All Result
  • Startups
  • Reviews
  • Insider
    • Obituaries
  • Business
  • Women
  • Blockchain
  • Columnists
  • Hacks & Facts
    • How To
  • Editions
    • US Edition
    • India Edition
    • MENA Edition
    • Asia Edition
    • Europe Edition
    • International Edition

© 2019 Moran Media Group - All rights reserved TechMoran.

Login to your account below

Forgotten Password? Sign Up

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
%d bloggers like this: