Falak Investments and Standard Chartered elevate female tech innovators in Saudi's latest women In tech cohort
Summary
By combining Falaks wide network of investors and experts with the banks international reach across over 52 countries, the partnership aimed to boost innovation and growth for entrepreneurs.The judging panel comprised distinguished figures at the forefront of innovation and leadership in both business and technology communities, including Mazen Bunayan CEO of Standard Chartered Bank Saudi Arabia, Amal Dokhan General Partner of 500 Global MENA, Basmah Al Sindi Managing Partner of Impact46, Nada Al Jeffri Chief Risk Officer at Standard Chartered Bank Saudi Arabia and Hussein Alattar CEO of TechInvest. Our aim extends beyond merely bolstering the vibrant tech ecosystem in Saudi Arabia; its about illuminating the increasing involvement and impact of women in this sector, commented Al Dakheel, CEO of Falak Investments.Among the standout startups in this cohort were: Afsih, a communications-based assistive technology; AVA, a multi-store hospitality ecommerce platform; Tarkeez, an AI productivity and time management app; Rodud, a logistics technology utilising data to enhance efficiency, decision-making, and communication; ShopIT, a personalised online shopping platformCrew KSA, a talent resource acquisition platform; FinCart, a connection platform for merchants to shippers; 360Moms, an AI health and parenting chatbot; and Rafah.AI, an AI Chatbot for mental health support.Finalist Norah Alghusun, CEO and Co-Founder of Afsih, the initiative which took the top spot in this years cohort said, This achievement is surreal, leaving me both humbled and immensely proud to be chosen as the 1st winner out of all the 8 other exceptional entrepreneurs. Their unwavering support has been crucial to our growth and success throughout this journey and with this prize its certainly going to accelerate our path towards the next level.Falak Investment CEO, Al Dakheel continues, This cohort of dynamic female entrepreneurs exemplifies the critical role women are assuming as innovators and leaders in technology, and the brilliant potential of contributions of women in this emerging technological ecosystem of Saudi Arabia. We would like to note that the spirit of diversity and entrepreneurship are values that we celebrate at Standard Chartered Bank, and we hope that by providing support and guidance in the early stages we can help women succeed and become leaders in job creation. Saudi Arabia remains committed to developing its technology ecosystem, an essential component of its Vision 2030 economic strategy to lessen its oil dependency.