Saudi E-commerce App Ziadah Secures Seed Funding

Saudi-based e-commerce platform Ziadah has successfully closed a seed funding round to fuel its expansion and enhance its services for online businesses in the Kingdom.

Key Details

The seed round was led by Nama Ventures, a prominent early-stage venture capital firm focused on the MENA region. While the specific funding amount was not disclosed in the article, the investment marks a significant milestone for Ziadah as it seeks to scale its operations.

What Ziadah Does

Ziadah provides an integrated platform designed to help e-commerce businesses, particularly those in the food and beverage (F&B) sector, manage and grow their online presence. The platform offers tools for order management, online store creation, marketing, and customer engagement, simplifying operations for small and medium-sized enterprises (SMEs).

Implications

This funding round underscores the growing investor confidence in the Saudi Arabian e-commerce market and the potential of platforms addressing the specific needs of local businesses. Nama Ventures' leadership suggests a strong belief in Ziadah's model and its ability to capture market share by offering tailored solutions to F&B and other online merchants facing operational challenges.

Looking Ahead

Ziadah plans to utilize the newly acquired funds to accelerate its growth trajectory. Key areas of investment will include expanding its team, further developing its technology platform to introduce new features, and scaling its marketing and sales efforts to reach more businesses across Saudi Arabia.

About Ziadah

Founded in Saudi Arabia, Ziadah is an e-commerce enablement platform focused on empowering online businesses within the Kingdom. By providing a comprehensive suite of tools, the company aims to simplify the complexities of running an online store, allowing merchants to focus on selling and growing their customer base.

Source: Wamda