
Chauffeur car booking service Careem raises $1.7m, led by Saudi Telecom Company, to expand across Middle East.
Personal service aggregator Eruditor raises $12 million from Intel Capital, Frontier Ventures, and Runa Capital.
Mobile marketing platform Carnival Labs raises $2.4m finance from investors including Google Ventures.
Vodafone Ventures Egypt has taken a 22.22% stake in online pharmacy Agzakhana.com.
Saudi Aramco Energy Ventures invests in Norwegian technology company InflowControl.
Russian payment company Qiwi has announced its first corporate venturing investment in car classified ads company Carbay.ru, whilst also declaring that its investment scope now covers virtually any field.