Samih Toukan and Hussam Khoury, founders of Maktoob, were among the investors in Ola’s last round.
Nearly 18% of startups in this GCC country was founded by women, showing that it is successfully bridging the gender divide in entrepreneurship.
The Indian meat and seafood e-commerce company has bagged total funding of $13 million till date.
The deal, which is the largest technology transaction in the Middle East, got an approval from the UAE Ministry of Economy.
The Series D funding round was led by both new and existing investors of the startup that is reforming the way business is done by automating mundane tasks.
The investment comes as part of a new long term partnership that includes collaboration on both technology and commercialization efforts.
There are hundreds of channels across the globe dedicated to teaching different curriculums from different parts of the world, and Arabic content creators have joined the wave.
The funding round was led by Aloshban and Alnamlah Family Groups from Saudi Arabia and Mohammed Khoory from the UAE.