Payment solution, online marketplace, and logistics startup top TechCrunch Dubai

On the eve of the Step Conference, (the Middle East’s largest event featuring technology, design, and gaming trends), Innovation360’s accelerator space, The Cribb, in Dubai hosted the first TechCrunch Meetup and Pitch Off.

The Presella organized and o-Desk sponsored event saw TechCrunch’s editor-at-large, Mike Butcher handpick twelve startups out of 120 applications to pitch their ideas. Each startup had two minutes to present and three minutes for q&a from the judges. The room was packed with the electricity of entrepreneurs and the enthusiasm during the interactive session was palpable.

Teams competed for the first prize of a table in Startup Alley at TechCrunch Disrupt NYC to be held in early May, and second and third prizes included tickets to the event.

First prize went to Bit Oasis, a multi-signature wallet that transfers money across the internet instantaneously and cost-free. Giving a clear and concise pitch the cofounder Ola Doudin, spoke about their future plans to launch a currency exchange service in May, and a mobile wallet in June. The team resides in both San Francisco and Dubai, and currently has over 7,000 users across the Middle East.

Original article by Sushmitha Pidatala

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Payment solution, online marketplace, and logistics startup top TechCrunch Dubai