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Atlys, Offline, and RB Ventures debut in the UAE: US-based visa platform Atlys aims to streamline travel processes, Indian startup Offline enters its first offshore market, and RB Ventures, a new insurance-focused VC firm, sets up shop in Dubai.
#1- US-based online visa application platform Atlys launched in the UAE, seeking to streamline visa issuing procedures for the tourist bustling country, the company said in a statement picked up by Zawya.
What they said: “With 92% of the UAE’s population consisting of expatriates, many of whom face visa challenges when traveling, the UAE provides the perfect environment for Atlys’s innovative solution,” the statement read.
#2- Offline sets up shop in the UAE: Indian startup Offline, a private members community for tech founders and CEOs, launched its platform in the UAE, tapping its first offshore market outside of India, according to a statement picked up by Zawya. The company seeks to capitalize on the UAE’s booming tech sector.
About Offline: Founded last year by Utsav Somani (LinkedIn), Offline is a paid networking platform that seeks to bring together startup founders into a shared space, with access to closed-door meetings, social experiences, talks by speakers, brand perks, masterclasses, and a 24/7 digital community. Founders must have raised USD 5 mn, generated USD 5 mn in annual recurring revenue, or have their business valued at USD 50 mn to be eligible for enrollment. It aims to grow its membership to 150 by the end of 2024.
#3- Dubai gets a new ins.-focused VC firm: Rohit Boda (LinkedIn), managing director of India-based ins. broker JB Boda Group, set up a new venture capital firm in Dubai called RB Ventures, ReIns. News reported. The company will focus on sectors like ins., reins., and insurtech, among others.
