Pre-IPO

Others

Series C

Series E

Series A

Seed

Series B

Series D

Abu Dhabi

Private Equity

Kamel Al-Asmar

If you're ready to take your business to the next level with DisruptAD, we want to hear your pitch.

Investment in Startup

Find DisruptAD's investment focus and portfolio highlights in technology. Insights available on Lucidity Insights.

DisruptAD

ADQ launched DisruptAD in 2021 as its venture platform to foster entrepreneurial innovations. It offers a variety of investment vehicles, including venture capital deployment, venture building, and new ventures development.

Bangalore

Flipkart

E-Commerce

Marketplace

Internet

Shopping

Flipkart operates an online shopping website with a registered customer base of over 100 million.

Istanbul

Getir

Delivery

Getir is a technology company that joins the worlds of mobile technology and logistics, providing unprecedented solutions to the delivery of goods in urban areas.

Dubai

Kitopi

Support & Management Services

Cloud Kitchen

Foodtech

Kitopi is a cloud kitchen platform that offers innovative and scalable solutions to restaurants looking to optimise their operations and expand their delivery services.

Rehovot

Aleph Farms

Food and Beverage

Agriculture

Food

Chemical Engineering

Aleph Farms®, an Israel-based cellular agriculture company, enhances sustainability, food security and animal welfare by diversifying the supply and decentralizing the production of quality animal proteins and fats as a complement to sustainable methods of conventional animal agriculture.

Fashinza

Cairo

MaxAB

Retail

Simplilearn

NymCard

Banking

Fintech

NymCard is a cloud-based issuer processor enabling financial institutions to build virtual and plastic card programs for their customers.

Bayzat

Insurance

Bayzat is a technology SaaS company that provides insurance, payroll, and human resources solutions for businesses.

SkyCell

Blueground

Real Estate

YFS Logistics

Logistics

Information Technology

Deliveries

Courier Service

Storage

Supply Chain

Transportation Services

Shipping

YFS Logistics is a technology-driven company revolutionizing intra-city urban logistics and courier services through its pillars of People, Technology, and Speed to deliver instant, efficient, and reliable solutions.

Right Farm

Supply Chain Management

Transportation

Right Farm is a B2B e-commerce and supply-chain company, sourcing food directly from farmers for foodservice businesses.

Getir, which reached the unicorn company level by receiving an investment of $300 million in March, completed its fourth investment round two months later and reached a valuation of $7 billion 555 million with a new investment of $555 million.

Getir, which received an investment of $555 million, has a valuation exceeding $7.5 billion

Funding Alert Bayzat secures $25 million in Series C funding ByStartupStory | December 27, 2022 Bayzat, a business in HR technology based in the UAE, has raised $25 million in Series C funding led by DisruptAD and the international hedge fund Ischyros New York. With this money, the team hopes to expand across Saudi Arabia and the Middle East. The business has now secured $60 million in total capital. Tarek Bayaa, Brian Habibi, and Talal Bayaa founded Bayzat in 2013. It assists firms with the automation of operational operations related to insurance, payroll, and human resources. Co-founder and CEO Talal Bayaa mentioned in a note by StartupScene that their goal is to empower employees with a platform that functions as a self-serve HR system. It facilitates payroll automation, opens up employee perks, and enhances insurance strategies. More than 1,500 of the startup’s businesses are located in the GCC, including Saudi Icon, Grant Thornton, Eyewa, Deliveroo, and others. The firm claims 350 employees in the MENA area and three years of 100% yearly growth. According to a survey by Wamda and Digital Digest, startups in the MENA region raised $439 million in 39 deals in November of this year. On a monthly basis, the funding value dropped 32% while the number of deals dropped 43%. Startups reported investments of $646 million in October. However, compared to the $284 million that companies raised during the same week last year, the total fundraising value in November 2022 increased by 55%. Also Read Mamaearth Parent Honasa Consumer Grants ESOPs Worth Rs 57 Crore to Employees... Follow Startup Story Latest Post Rural Fintech Startup Jai Kisan Raises INR 26.47 Cr from Mirae Asset, Unitary Fu... Calligo Technologies Raises $1.1 Million in Pre-Series A Round to Expand R&... Asha Ventures Secures $10 Million from British International Investment... Easebuzz Secures $30 Million in Series A Round Led by Bessemer Venture Partners... Indian Startups Witness Renewed Investor Confidence with 23% Surge in Funding: N... Mamaearth Parent Honasa Consumer Grants ESOPs Worth Rs 57 Crore to Employees... Sweet Karam Coffee Raises $8 Mn in Series A Round Led by Peak XV Partners to Exp... Pratilipi Secures $20 Million in Series E Round Led by Jungle Ventures to Expand... The Foundation for Health and Learning Empowerment (FHLE) Appoints Dr. Shrey Sri... InCred Alternative Investments Secures Rs 600 Crore for Inaugural Special Opport... Related Posts April 7, 2025, Rural Fintech Startup Jai Kisan Raises INR… Funding Alert April 7, 2025, Calligo Technologies Raises $1.1 Million in Pre-Series… Funding Alert April 7, 2025, Asha Ventures Secures $10 Million from British… Investment April 7, 2025, Easebuzz Secures $30 Million in Series A… Fintech Startup story is a platform designed to promote businesses and entrepreneurs, prioritising ventures that are left overlooked and unrecognised in the Indian startup ecosystem i.e the startups from tier 2, tier 3 and tier 4 cities but are progressively succeeding. Startup Story becomes their voice by sharing their journey and business ideas to a greater audience using various verticals including articles, podcast, storytelling, video Interviews, e-newspaper and magazine. Startup Story About Stories Startup TV More Services Insights Submit Your Startup Resources Company Contact us Careers Authors Get the Startup Story Updates Delivered to your Inbox ! Subscibe for FREE ! Get the Startup Story Podcast delivered straight to your inbox before everyone else. Subscribe By subscribing you agree to our Terms & Privacy-Policy. Terms and Condition Privacy policy Support Us © Startup Story Private Limited. All Rights Reserved.

Bayzat secures $25 million in Series C funding

Bayzat raises $25M in Series C funding | YourStory
Brands
Discover
Events
Newsletter
More
The Captable
SMB Story
HerStory
Social Story
Enterprise Story
The Decrypting Story
YS life
YS Hindi
YS Tamil
YSTV
![Image 3: twitter]( 4: facebook]( 5: instagram]( 6: youtube](
Daily Newsletter
Subscribe
By providing your information, you agree to our Terms of Use and our Privacy Policy. We use vendors that may also process your information to help provide our services. This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply.
Brands
Discover
Events
Newsletter
More
![Image 7: twitter]( 8: facebook]( 9: instagram]( 10: youtube](
![Image 11: Youtstory](
Sign In
![Image 12: search](
Founder first
Just In
Brands
Resources
YSTV
Events
Newsletter
Stories
Brands
Resources
Stories
General
In-DepthAnnouncementReportsNewsFunding
Startup Sectors
Women in techSportstechAgritechE-CommerceEducation
Lifestyle
EntertainmentArt & CultureTravel & LeisureCurtain RaiserWine and Food
YSTV
!Image 13: close menu bar
!Image 14: ys-analytics
Advertise with us
Just In
Bayzat raises $25M in Series C funding
The UAE-based HR and payroll software startup plans to use this funding to grow its base across Saudi Arabia, and the Middle East.
!Image 15: Photo of Sindhu KashyaapSindhu Kashyaap4239 Stories
!Image 16: Bayzat raises $25M in Series C funding 
Monday December 26, 2022 , 2 min Read
![Image 17: google-followFOLLOW US](
UAE-based HR tech startup ﻿Bayzat﻿ has raised $25 million in Series C funding led by DisruptAD, the global hedge fund Ischyros New York. The team plans to use this funding to grow its base across Saudi Arabia, and the Middle East.
The total funding raised by the startup is now at $60 million. Bayzat was founded in 2013 by Tarek Bayaa, Brian Habibi, and Talal Bayaa. It helps businesses with the automation of payroll and HR operational processes, and insurance.
In a note by StartupScene, Co-founder and CEO Talal Bayaa stated that their idea is to empower employees with a platform that works as a self-serve HR system. It helps streamline payroll, unlock employee benefits, and optimise insurance plans.
Get connected to Bayzat!Image 18: ys-connect
The startup has over 1,500 businesses in the GCC like Saudi Icon, Grant Thornton, Eyewa, Deliveroo and others. The startup says it has had 100% annual growth in three years and has 350 employees across the MENA region.
A report by Wamda and Digital Digest stated that startups in MENA raised $439 million in November this year, across 39 deals. However, on a month-on-month basis, the value of funding fell 32%, while the deal count declined by 43%. In October, startups recorded investments of $646 million.
Yet the total funding value in November 2022 was up 55% from the $284 million raised by startups in the same period last year.
Get connected to Bayzat!Image 19: ys-connect
Get connected to Bayzat!Image 20: ys-connect
* * 
Advertise with us
Advertise with us
![Image 21: UAE-based HRtech startup RemotePass raises $5.5M in Series A funding](
Just In
UAE-based HRtech startup RemotePass raises $5.5M in Series A funding
News
Infibeam Avenues net profit soars 2.7X YoY to Rs 70 Cr in Q1 FY25
!Image 22: Infibeam Avenues net profit soars 2.7X YoY to Rs 70 Cr in Q1 FY25
Books
7 transformative lessons from Cal Newport’s book Deep Work
!Image 23: 7 transformative lessons from Cal Newport’s book Deep Work
Quotes
20 quotes from the great German socialist and philosopher, Karl Marx
!Image 24: 20 quotes from the great German socialist and philosopher, Karl Marx
Books
7 intellectually demanding novels worth the effort
![Image 25: 7 intellectually demanding novels worth the effortAdvertise with us
Advertise with us
Recommended Stories For You
news 
Brands
The CapTable
HerStory
Social Story
Enterprise Story
The Decrypting Story
YS Life
YS Hindi
YS Tamil
practo
microsoft
swiggy
zomato
uber
delhivery
amazon
cred
nykaa
Resource Hub
Glossary
Everything AI
How-to’s
knowledge base
Opinion
Unicorns of India
Fundraising Thermometer
Upcoming Events
DevSparks Pune
SheSparks
Discover
List Your Startup
Startup Spotlight
Pitch To Us
Browse Startups
Start your day with impactful startup stories and concise news! All delivered in a quick five-minute read in your inbox.
Subscribe
I hereby consent to the processing of the personal data that I have provided and declare my agreement with the data protection regulations in the privacy policy on the website.
Advertise with Newsletter  
![Image 34: twitter]( 35: facebook]( 36: instagram]( 37: youtube](
!Image 38: Yourstory
About UsMeet the TeamCareersPrivacy PolicyTerms & Condition
Brands
!Image 39
!Image 40
Resource Hub
!Image 41
Upcoming Events
!Image 42
Discover
!Image 43
Advertise with Newsletter
About UsMeet the TeamCareersPrivacy PolicyTerms & Condition
![Image 44]( 45]( 46]( 47](
!Image 48

Bayzat raises $25M in Series C funding

Flipkart said on Monday it has raised $3.6 billion at a post-money valuation of $37.6 billion in what is widely believed to be the pre-IPO round for the Indian e-commerce conglomerate as it works to list in the public markets as soon as early next year.

The new round of funding — by far the largest for any Indian startup — was led by GIC, Canada Pension Plan Investment Board (CPP Investments), SoftBank Vision Fund 2 and Walmart, along with investments from sovereign funds DisruptAD, Qatar Investment Authority, Khazanah Nasional Berhad, Tencent, Willoughby Capital, Antara Capital, Franklin Templeton and Tiger Global.

The Monday investment marks the return of SoftBank as a shareholder of Flipkart. SoftBank, which had taken the exit from the startup when the Bangalore-based firm sold majority stakes to Walmart in 2018 at a valuation of $22 billion, has reinvested about $500 million in the new round.

“At Flipkart, we are committed to transforming the consumer internet ecosystem in India and providing consumers access and value. This investment by leading global investors reflects the promise of digital commerce in India and their belief in Flipkart’s capabilities to maximise this potential for all stakeholders,” said Kalyan Krishnamurthy, Chief Executive Officer at Flipkart Group, in a statement.

“As we serve our consumers, we will focus on accelerating growth for millions of small and medium Indian businesses, including kiranas. We will continue to invest in new categories and leverage made-in-India technology to transform consumer experiences and develop a world-class supply chain.”

As part of the new fundraise, Flipkart is also giving its employees the option to sell their stock options worth $80.5 million, Krishnamurthy told them on Monday.

Flipkart had originally hit the market to raise money early this year and was initially looking to raise just about $1 billion, TechCrunch first reported.

Flipkart valued at $37.6 billion in new $3.6 billion fundraise

Abu Dhabi: Right Farm, a disruptive UAE-based B2B digital platform that sources fresh produce from local and international farms for the food and retail sector, today announced it has raised USD 2.8 million in its seed funding round.

DisruptAD, ADQ’s venture platform, and Enhance Ventures, the venture studio for the Middle East, North Africa, Pakistan, Turkey (MENAPT) region, led the seed equity funding round, investing USD 2.8 million (AED 10.2 million) in the AgTech company. The raised funds will be used to support Right Farm’s rapid technology development and aggressive growth plans in the region.

Right Farm raises USD 2.8mln in seed funding round led by DisruptAD

Yalla Fel Sekka (YFS), an Egyptian on-demand logistics and delivery company, has raised $7 million in a Series A funding round. The round was led by DisruptAD, ADQ’s venture platform, with participation from Flybridge Capital, I Squared Capital, and Kuwait-based Kharafi Group. The funding will be used to expand YFS's presence in Egypt and the MENA region, focusing on building 20 to 40 new dark stores. YFS aims to enhance its logistics infrastructure to support quick commerce and instant delivery services.

Egypt’s YFS gets $7M to scale its on-demand logistics and delivery business across MENA

NymCard, a banking-as-a-service platform, raised $22.5 million in June 2022, bringing its total funding to $35 million. The Series A round included investors such as DisruptAD, Reciprocal Ventures, Shorooq Partners, Chimera, DFDF, Knollwood, Endeavor Catalyst, and OTF Jasoor Ventures. The company plans to continue enabling Fintechs, SMEs, and banks to create and distribute virtual and physical cards.

UAE-based cloud kitchen operator Kitopi, raised an additional $300 million in its Series C round late last year, extending the round's size to $715 million, Bloomberg reported.  
The recent fundraise brings the unicorn's post-investment valuation to $1.55 billion, as well as pushes the total funding raised by startups across the Middle East and North Africa region (Mena) to over $3 billion in 2021.
The startup's Series C round was led by SoftBank Vision Fund 2 and saw participation from Chimera, DisruptAD, B. Riley, Dogus Group, Next Play Capital and Nordstar. The extension is part of Kitopi's new growth strategy targeting investments in brick and mortar restaurants, as consumers head back to indoor dining.

Kitopi raises $300 million Series C round extension

Dubai, UAE, July 1st, 2021 - Kitopi, the world’s leading managed cloud kitchen platform, announced today the completion of its $415 million, Series C funding round. 

The round was led by Softbank Vision Fund 2, with participation from Chimera, DisruptAD, B. Riley, Dogus Group, Next Play Capital and Nordstar.

Kitopi announces $415 million Series C funding round

Dubai-based cloud kitchen company Kitopi raised $415 million in a Series C funding round led by SoftBank's Vision Fund 2. Other investors included Abu Dhabi investment firm Chimera, ADQ's DisruptAD, B.Riley, Turkey's Dogus Group, U.S. firm Next Play Capital, and UK firm Nordstar. The funding will be used to expand within the Middle East and enter new markets such as Southeast Asia.

Dubai cloud kitchen Kitopi raises $415 mln from investors including SoftBank

Kitopi, a UAE-based cloud kitchen, raised $300 million in its Series C round extension, bringing the total raised in the round to $715 million. The funding round, led by SoftBank Vision Fund 2 with participation from Chimera, DisruptAD, B Riley, Dogus Group, Next Play Capital, and Nordstar, values Kitopi at $1.55 billion. The funds will be used to invest in more dine-in restaurants and enhance customer service.

Dubai's cloud kitchen Kitopi raises $300 million in Series C round extension

Kitopi, a UAE-based cloud kitchen operator, raised an additional $300 million in its Series C round extension, bringing the total to $715 million and its valuation to $1.55 billion. The round was led by SoftBank Vision Fund 2 with participation from Chimera, DisruptAD, B. Riley, Dogus Group, Next Play Capital, and Nordstar. Kitopi plans to invest in brick-and-mortar restaurants as part of its growth strategy, expanding its operations in the Gulf region and planning further expansion into South East Asia.

MaxAB, a food and grocery B2B e-commerce and distribution platform operating in Egypt and Morocco, raised $40 million in a pre-series B funding round.

DisruptAD

Funding Deals, by Startup Growth Stage

Funding Deals, by Region

No. of Portfolio Companies

Total No. of Investments Globally, by Year

We Invest in Startups in the Following Stages

Statistics

Sectors we invest in

Top 5 sectors we invest in

Portfolio Companies
or Investments

Executive Team Members

About

Legal

Social Media

DisruptAD

Funding Deals, by Startup Growth Stage

Funding Deals, by Region

No. of Portfolio Companies

Total No. of Investments Globally, by Year

We Invest in Startups in the Following Stages

Statistics

Sectors we invest in

Top 5 sectors we invest in

Portfolio Companies or Investments

Executive Team Members

About

Legal

Social Media

Portfolio Companies
or Investments