How QYUBIC Launched Its Company in 48 Hours With Meydan Free Zone
October 29, 2025
October 29, 2025
It started with one failed coupon.
The kind of “invalid code” message we’ve all seen.
But where most shoppers moved on, Namrata Raina didn’t.
She saw a business hiding in plain sight.
After years of leading digital strategy for global e-commerce brands, she knew one thing: shoppers in the Middle East love saving, but they don’t trust the platforms built for it.
So, she built her own.
That’s how QYUBIC was born, a UAE-based savings platform that connects people with real, verified deals, cashback offers, and gift cards from over 200 online stores like Noon, Namshi, and Vogacloset.
Alongside co-founder and CTO Shashank Raina, she turned that idea into reality.
And when it came to launching, the founders wanted a launch process that matched their pace. Meydan Free Zone gave them exactly that, a 100% online setup and a business license issued in under 48 hours.
“Meydan Free Zone gave us what every digital founder needs, speed with structure,” says Namrata. “That 48-hour license changed everything."
Building the Region’s Go-To Savings Platform
Every online shopper knows the thrill of finding a deal, and the disappointment when it doesn’t work. That pain point became QYUBIC’s opportunity.
QYUBIC was built for the modern shopper, people who want real savings, not broken links.
It runs on an affiliate model, where partner retailers share verified coupon codes and cashback deals, and QYUBIC helps them reach new customers.
Behind the scenes, its AI-driven engine learns from every click to show smarter deals next time.
It’s saving made personal, not generic.
Within months, the platform was live, trusted, and growing across the Middle East.
Why Meydan Free Zone Was the Right Start
The founders chose Meydan Free Zone because it matched their mindset — fast, borderless, and digital-first.
No stacks of documents. No waiting weeks for approvals.
Just a clean online setup that gave them the structure they needed to scale.
Registered in October 2024 as a Holding Company, QYUBIC gained a license flexible enough to cover multiple verticals and subsidiaries under one license.
The Meydan Free Zone team guided the founders through licensing options, ensuring the structure could flexibly expand into future areas like cashback programmes, gift cards, and brand collaborations without re-licensing.
The credibility of a UAE holding license under Meydan Free Zone has been pivotal in attracting investors and partners across borders. The association with one of Dubai’s most trusted free zones strengthened QYUBIC’s standing in regional markets like Saudi Arabia and Egypt, where compliance and credibility matter most.
“Meydan Free Zone mirrored the way we work — agile, transparent, and ready to grow,” says Namrata.
From License to Investment in Record Time
With the license issued in just 48 hours, the founders immediately shifted their focus to fundraising. Within the first 30 days, QYUBIC signed its first investor. During the next 60 days, the first investment cheque arrived, fuelling development and operations.
In just 90 days, the company had onboarded a second investor and outlined its expansion roadmap for regional growth.
This fast start turned the usual startup timeline on its head, QYUBIC went from registration to investor-ready in weeks, not months. The founders credit that acceleration to the clarity and efficiency of Meydan Free Zone’s digital system, which removed traditional delays and allowed them to focus on strategy, not setup.
The 90-Day Growth Sprint
Day 0–30: License issued. First investor signed.
Day 31–60: Funding cheque cleared. Platform build accelerated.
Day 61–90: Second investor onboarded. Regional roadmap activated.
QYUBIC went from documents to product in the time most startups are still editing their pitch decks.
That’s what a 48-hour start can do.
A Setup That Matches Digital Ambition
QYUBIC’s team works remotely, but its foundation is firmly in Dubai.
Being headquartered at Meydan Free Zone gives the brand credibility that travels, whether they’re pitching investors or signing global partnerships.
They also use Meydan Free Zone’s HQ meeting spaces for investor sessions, adding that touch of trust every startup needs early on.
It’s the kind of professional presence that says, “We’re here to build something real.”
This foundation allowed QYUBIC to scale fast while staying lean, a perfect balance for a modern e-commerce startup designed for agility.
Expanding the Savings Revolution Across Borders
In less than a year, QYUBIC went from a sketch on a notepad to a platform spanning seven countries.
Its next phase includes rolling out multi-currency cashback, deeper brand collaborations, and regional loyalty programmes that reward repeat users across markets.
Shashank describes the vision: QYUBIC isn’t just a discount platform, it’s a digital savings ecosystem for the Middle East.
“We help people save smarter, and we help brands sell better,” says Shashank. “That’s the ecosystem we’re building.”
At a Glance: QYUBIC × Meydan Free Zone
The Meydan Free Zone Advantage: The Fast Start Every Founder Wants
Every startup chase speed.
Few get it with structure.
QYUBIC found both, because it started at Meydan Free Zone.
In under 48 hours, the company went from an idea to a licensed, recognised entity, ready to pitch, raise funds, and expand.
That speed didn’t just save time, it shaped direction.
“If we’d launched anywhere else, we’d probably still be waiting for our first investment cheque,” says Namrata. “With Meydan Free Zone, we were already scaling.”
From a failed coupon code to a regional savings platform, QYUBIC’s story proves that when innovation meets the right foundation, growth isn’t just fast, it’s limitless.
Because for modern founders, Meydan Free Zone isn’t just where businesses start.
It’s where they move forward.
In Dubai, business speed isn’t just about technology.
It’s about where you start.
And Meydan Free Zone is where innovative founders start fast, scale smart, and stay trusted.
