Monday, June 17, 2024
HomeDubai Dubai-Based Grubtech Secures $15 Million in Funding 

[FUNDING NEWS] Dubai-Based Grubtech Secures $15 Million in Funding 

Grubtech, a SaaS integration and unified commerce platform company situated in Dubai, United Arab Emirates, has secured $15 million in investment.

Grubtech, a SaaS integration and unified commerce platform company situated in Dubai, United Arab Emirates, has secured $15 million in investment.

Jahez Group led the round, with participation from Addition and Hambro Perks’ MENA-focused fund, Oryx Fund.

Read also – India-Based Turno Secures $5.5 Million in Funding

The money will be used by the business to quicken its regional expansion into Saudi Arabia, Europe, and the United Kingdom. Grubtech, led by CEO Mohamed Al Fayed, gives F&B and Quick Commerce businesses a unified commerce platform and SaaS integration.

By integrating a variety of online and in-store ordering channels with downstream systems including POS, ERP, inventory, third-party logistics, and loyalty programmes, its flagship product, gOnline, offers users a unified commerce engine.

Read also – India-Based CoverSure Secures $4 Million in Pre-Series A Funding

Grubtech now serves customers in eighteen markets, extending beyond fast-food to include other players in the quick commerce space including pharmacy and grocery.

Commenting on the news, Mohamed Al Fayed said “Online F&B and quick commerce sales continue to grow at a rapid pace.  Our products empower our customers to continue using elements of their tech stack, like a POS, while adopting new sales channels and digital solutions seamlessly, getting rid of silos within operations and data.”

About Grubtech

Grubtech is a centralised commerce platform that facilitates online sales and back-end operations for enterprise food and beverage, grocery, and pharmaceutical merchants.

- Advertisement -
RELATED ARTICLES
- Advertisment -

Most Popular