Omniful raises $5.85mln seed round

  • Date: 07-Dec-2023
  • Source: Zawya
  • Sector:Retail
  • Country:UAE
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Omniful raises $5.85mln seed round



Merchants and 3PL fulfilment providers are empowered with a single platform for  OMS, WMS, TMS, omnichannel commerce and efficient order fulfilment across all sales channels Investment is led by VentureSouq, along with global and regional investors and family offices Founded by Mostafa Abolnasr and Alankrit Nishad, Omniful has operations in the UAE and Saudi Arabia, with an R&D Hub in India Omniful’s clients include top regional retailers, aviations services and logistics services providers Dubai, UAE: Omniful (www.omniful.com), a cloud-based supply chain and e-commerce enablement platform focused on hyperlocal and omnichannel commerce, has raised $5.85 million for its seed round. Led by VentureSouq, this round also saw participation from 500 Global, DASH Ventures, Jahez Group, SEEDRA Ventures, Bunat Ventures, Hala Ventures, and RZM Investments. Family offices including Al Rasheed, Siraj Holding, Al Bawardi, Al Nafea, and a number of strategic angel investors from the GCC joined the company’s seed round. Founded in 2021 by Mostafa Abolnasr and Alankrit Nishad, Omniful provides merchants and 3rd party logistics (3PL) fulfilment providers with a unified next generation order management system (OMS), warehouse management system (WMS) and transport management system (TMS) to build, grow, and scale their business. Omniful ensures real-time inventory management across a diverse range of