Astra Tech acquires Rizek to move closer to delivering ‘ultra platform’ to customers

Astra Tech acquires Rizek to move closer to delivering ‘ultra platform’ to customers

Astra Tech, a UAE-born technology development and investment group formed by Abdallah Abu Sheikh, a serial entrepreneur and pioneer in Middle East and Africa’s (MEA) tech startup ecosystem, has moved one step closer in bringing the region’s first ultra-platform to life by integrating the services of Rizek, a homegrown UAE-born super platform for on-demand personal and home services, into its ultra- platform.

This integration of Rizek, also founded by Abu Sheikh, will significantly accelerate the realisation of Astra Tech’s vision to create an interconnected and digitized ecosystem that simplifies the way people communicate, shop, pay, and transact.

Already well established in the UAE, KSA and Egypt, Rizek will instantaneously give Astra access to hundreds of its on-demand personal and home services across various segments. Alongside its services, Rizek will also contribute a corporate culture of borderless innovation to drive value for users, partners, and service professionals of Astra’s ultra-platform.

Featured among Forbes’ top 50 most funded startups, Rizek has raised $24 million in funding to date to grow its operations and expand its footprint. Rizek was launched in 2020 and since then has acquired over a million users, served by a network of more than 20,000 ‘heroes’ — the name given to the