Under a new agreement, both entities will combine their resources and respective expertise to provide support to tech startups dealing in the fields of artificial intelligence (AI), blockchain, FinTech, IoT, and Robotics.
The agreement will see FasterCapital coordinating with Halal Angels to reach out and support entrepreneurs on multiple fronts including in securing funds, scaling up their businesses, and so on.
For those out of the loop, FasterCapital offers a diverse range of services in the areas of sales, marketing, technical, funding, and others.
Halal Angels Network, meanwhile, aims to promote innovation, entrepreneurship, and startups while inspiring investors to tap in on a sector that is estimated to reach $9.71 trillion by 2025.
Commenting on the new partnership with Halal Angels Network, Hesham Zreik, founder of FasterCapital, said: “FasterCapital will be glad to work with Halal Angels in reaching out and supporting entrepreneurs in getting funded and in moving forward with their innovative projects and businesses. FasterCapital will be glad to offer technical and business support to startups working with Halal Angels”.
Dr Tausif Malik, Founder of Halal Angels Network, added: “Halal & Ethical industry offers tremendous opportunities across the Middle East, North Africa, and South Asia. Based on the vision, experience, and expertise, we felt that FasterCapital is the right partner to support Startups”.