Author: Arabian Media staff

Cairo-based Sylndr has raised $15.7 million as it expands beyond online used car sales into auto financing, servicing, and tools for dealers. The round was led by Development Partners International’s Nclude Fund and included follow-on investments from Algebra Ventures and Nclude. The company, which operates in Egypt’s fast-growing but under-digitized vehicle market, said the latest round includes both fresh equity and previously unannounced seed financing. Sylndr also raised nearly $10 million in debt financing from local banks in the past year, bringing its total raised since launch to over $30 million. Sylndr raised a $12.6 million pre-seed round in 2022. …

Read More

Tick-tock! Time’s almost up to save up to $900 on individual passes to TechCrunch Disrupt 2025! Or go big and grab an Early Bird ticket now and get a second for your +1 at 90% off — but only for a limited time. These unbeatable deals disappear May 25 at 11:59 p.m. PT — don’t miss out. Lock in your ticket savings here. Be part of the hands-on innovation from October 27 – 29 at Moscone West in San Francisco, where 10,000 tech and VC leaders gather to shape the future. Experience 250+ dynamic sessions led by industry icons, 200+…

Read More

Deel has lobbed a new volley in the ongoing legal battle with rival HR tech startup Rippling. Deel filed a motion, containing a series of letters, asking the Irish court to make Rippling hand over information. In one letter, Deel wants unredacted versions of witness affidavits, including the famed one by former Rippling employee, Keith O’Brien. In a story full of plot twists that reads like a movie, O’Brien admitted in an Irish court to being a spy for Deel, according to the affidavit released by Rippling. Rippling filed a lawsuit against Deel in March that alleges misappropriation of trade…

Read More