Kuwait's Bnchr+ raises Seed round - Wamda
Summary
• Founded in 2018 by Ali Alhaddad and Faisal Alibrahim, Bnchr+ offers after-sales servicing, such as changing parts, refilling fluids, fine-tuning, checking, and programming, through an on-the-go geolocalised platform. • Bnchr+ will use the newly acquired funds to further develop its platform and support its scaling operations as it services the Kuwaiti market. Upon graduation from the 6th edition of the accelerator programme Zain Great Idea, the Kuwait-based Tech startup and automotive maintenance platform Bnchr+ has successfully raised its Seed round. Users can choose from a wide range of car care services from changing parts and refilling fluids, to fine-tuning, checking, and programming and instantly book it to their location. As observed in our Q3 2021 EVM Transport & Logistics Venture Investment Report, the T&L sector in MENA has raised 30% more funds by Q3 2021 than in the full year 2020.