Retailo raises $6.7 million seed round
- Date: 06-May-2021
- Source: Wamda
- Sector:Financial Services
- Country:Saudi Arabia
Retailo raises $6.7 million seed round
Press release
Retailo, a Saudi Arabia-based B2B marketplace has successfully closed a $6.7M Seed investment round, co-led by Shorooq Partners and Abercross Holdings, with participation from AgFunder and Arzan Venture Capital.
Headquartered in Riyadh, Retailo was founded in 2020 by former Careem leaders Talha Ansari, Muhammad Nowkhaiz and Wahaj Ahmed, and the startup's senior leadership comprises of a diverse mix of people with experience from Careem, McKinsey, Rocket Internet, Amazon, Ebay, Dubizzle, Daraz, and Foodpanda.
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