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AWS launches 4th round of funding for underrepresented founders in SA

South African startups have been invited to apply for up to ZAR7.5million (US$400,000) in seed funding and benefits from the Amazon Web Services (AWS) Equity Equivalent Investment Programme (AWS EEIP) to jumpstart their business. Launched in 2019, the AWS EEIP programme was created to support more equity and inclusion in the South African small and medium-sized ecosystem.

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Egyptian pharma startup Grinta acquires counterpart Auto-Cure to expand footprint

August 10, 2023

Cairo-based startup Grinta, a fintech-enabled B2B tech platform digitising the pharmaceutical supply chain, has acquired Alexandria-based online pharmacy Auto-Cure to expand its footprint in the country. Founded in 2021 by Mohamed Azab, Yosra Badr, Ali Youssef, and Hamza Mohamed, Grinta is a managed marketplace that modernises the pharmaceutical supply chain by empowering independent pharmacies.

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Zeta Global to Buy LiveIntent for $250 Million

October 9, 2024

CDP and marketing cloud vendor Zeta Global announced an agreement to purchase LiveIntent, which helps companies do email-based advertising.  The deal will let Zeta expand its identity graph, enter the publisher monetization business, and accelerate its mobile and retail media products.  Zeta will pay $77.5 million in cash and $172.5 million in common stock, with potential for additional payments based on performance.

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