Lebanese Startup Wakilni acquires a stake in Cypriot e-commerce and courier service Startup Svelta

Funding Rounds

Summary

Sveltas understanding of complex digital interactions, its deep engineering expertise, and agile, collaborative approach is uniquely complimentary to how the Wakilni team works. The collaboration represents a step-change in the way both businesses address the evolving needs of the market.Together, working as one team, we will unlock the full potential of digital transformations and optimizations, and we will offer our clients a range of services of the latest technology. At the convenience of their home or while at work, they can easily find the products they are looking for and know in real time how long it would take to complete the delivery, according to the fleet availability. Furthermore, people can become more productive and happier, by allowing their errands to be done by an efficient system and additionally gives to people who are unemployed the opportunity to earn money through joining the network of drivers of Svelta.Wakilni is an e-commerce fulfilment partner for small to medium e-commerce businesses, providing a wide spectrum of personalized and customized services to support and empower business owners because of the belief that greatness just needs a little support. With a full range of e-commerce fulfilment services, Wakilni has empowered individuals and built a community of small to medium business owners, and is now expanding into the MENA region.

$ Funding

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Amount $60.8K Total raised
Date February 1, 2021 Announcement date
Investors - Lead investors
Company https://www.sveltacourier.com Funded company

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