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3 Latest Announced Rounds

  • $30,000,000
    Series B

    5 Investors

    Food and Beverage Services
    Nov 19th, 2024
  • $1,200,000
    Seed

    1 Investors

    Nanotechnology Research
    Nov 19th, 2024
  • $7,200,000
    Seed

    1 Investors

    Software Development
    Nov 19th, 2024
$1,792.53M Raised in 77 Funding Rounds in the past 7 Days - View All

Funding Round Profile

Alaan

start up
United Arab Emirates - Dubai, Dubai
  • 01/03/2022
  • Seed
  • $2,500,000

Our mission is to simplify finance for underserved businesses in the Middle East and help them prosper.

We have built Middle East's first multi-currency spend management platform to manage all company spend through corporate cards and automated invoice payments.

With Alaan, you can make your employees more productive and let them focus on your business.
✅ Get rid of expense reports and issue unlimited corporate cards in multiple currencies, including AED, SAR, USD and more.
✅ Track, approve and manage employee spend like it's 2022.
✅ Automatically schedule Invoice payments with no manual effort.
✅ Simplify your bookkeeping by integrating with Zoho and other accounting software.

We are obsessed with helping underserved SMEs and entrepreneurs spend smarter and easier.


Related People

Parthi DuraisamyFounder

Parthi Duraisamy United Arab Emirates - Dubai

I am currently building Alaan with the mission to simplify finance for underserved businesses in the Middle East and help them prosper. We have started the journey by building Middle East's first multi-currency spend management platform to manage all company spend - corporate cards and invoice payments.

Throughout my life journey, I have worn many hats – a farmer, an electrical engineer, an investment banking technologist, a management consultant and now an entrepreneur. An unfailing curiosity to learn and hard work has helped me grow in each phase of my life.

Previously, I was a Transformation and M&A leader at McKinsey & Company, working with CEOs and leadership teams to execute on large-scale transformation and merger programs. I got broad experience serving companies across a range of industries including banking, aerospace and defense, pharmaceuticals, media broadcasting, building materials, petrochemicals and energy, among others, with geographical experience spanning US, UK, Netherlands, Germany, Sweden, Italy, Saudi Arabia, UAE, and Singapore.

I am a Singapore citizen. I graduated with an MBA from Tuck School of Business at Dartmouth College and a BE in Electrical Engineering from National University of Singapore with a full scholarship. Outside of work, am an avid skier and an adventure traveller.