500 Startups Invests in United Arab Emirates-based Joi (MENA)

Source: Wamda  |  Author(s): Natasha D’Souza

Venture capital firm 500 Startups has invested in United Arab Emirates-based flower and gift online marketplace Joi. The platform will work with offline vendors who want to expand into online delivery. Financial details of the transaction, which was structured through 500 Startups’ global fund and 500 Falcons fund, were not disclosed.