Retailo – 50 Most Funded Startups 2022 – Forbes Lists – Forbes Middle East

  • Date: 16-Dec-2022
  • Source: Forbes
  • Sector:Retail
  • Country:Saudi Arabia
  • Who else needs to know?

Retailo – 50 Most Funded Startups 2022 – Forbes Lists – Forbes Middle East

Retailo digitizes supply chains for SME retailers in Saudi Arabia, the U. A. E., and Pakistan. Its warehousing space covers almost 250, 000 square feet, with a fleet of more than 500 vehicles serving over 50, 000 retailers. The company works with almost 500 brands, including Nestlé, Coca-Cola, PepsiCo, and Reckitt. As of November 2022, it had received over two million orders. In 2022, Retailo acquired the U. A. E.-based B2B platform DXBUY and secured $36 million in a Series A round, bringing its total funding to $45 million.