5 years ago

Salla Secures $8.5 Million Series A to Empower E-commerce in Saudi Arabia

  • Saudi Arabian e-commerce platform Salla has raised $8.5 million in a Series A funding round led by STV, with participation from existing investors Raed Ventures and Vision Ventures

  • The company plans to use the funds to further develop its product and expand its regional presence

  • Salla offers a freemium subscription model that allows businesses to create and manage their online stores.

      • ProblemTechnology

      "Small and medium enterprises (SMEs) and e-commerce startups in the Middle East face challenges in establishing their online presence, particularly in Arabic. Setting up an online store involves managing inventory, handling deliveries, processing payments, and analyzing performance, which can be daunting for businesses without the necessary expertise or resources."

      Solution

      "Salla provides a platform that simplifies the process of setting up and managing online stores for SMEs and e-commerce startups in the Arabic-speaking world. It offers a freemium subscription model with various tiers, allowing businesses to start for free and upgrade as needed. The platform includes features such as inventory management, marketing tools, detailed performance reports, automatic invoicing, and integrated payment and logistics partnerships, eliminating the need for businesses to handle these aspects independently."

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