IHC completed the acquisition of Zelo.

IHC, a large holding company, completed the acquisition of Zelo, a digital-first financing platform helping small and medium-sized enterprises access fast, flexible working capital. Financial terms were not disclosed. “Zelo exists to eliminate the wait. The wait for payments, the wait for growth, the wait for opportunity. Our rebrand signals not just a new name, but a renewed commitment to SMEs in the UAE who deserve faster, smarter access to capital. With IHC’s strategic backing, we’re accelerating that future,” Dhanush Arjun, eFunder.