Coronavirus: Grocery delivery, healthcare, e-commerce and edtech are booming – ZAWYA

Coronavirus: Grocery delivery, healthcare, e-commerce and edtech are booming – ZAWYA

Grocery delivery, healthcare, e-commerce and edtech are booming and will surely see surge in funding as investors seek to park funds in these startups.. The Middle Eastern and North African (Mena) startups investment report highlights that startups raised $277 million in the first three months of 2020.. Through research led by Magnitt, Mena's investors and accelerators highlighted that they were still actively investing (as of March 2020) despite the current crisis.. In a sign that startups and investors are quickly adapting to the 'new normal', more fundraising activity is moving online.. Magnitt's fundraising tool, which virtually hosts 74 investor and accelerator applications, has seen a 117 per cent increase in applications month-over-month since January, as startups increasingly look for alternative ways to fundraise during the current crisis..