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Saudi start-up Salla raises $130mln from Investcorp, PIF unit

Saudi Arabian software start-up Salla has raised $130 million in an investment round ahead of its initial public offering (IPO). The fundraising was led by Investcorp, with participation from Sanabil Investment, a wholly owned company of Saudi Arabia’s Public Investment Fund (PIF) and STV, a technology venture capital fund and…

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