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Saudi-Based Abikhdmh Secures USD 798K in Seed Funding

Saudi-Based Abikhdmh Secures USD 798K in Seed Funding
  • Abikhdmh secured USD 798,545 (SAR 3 million) to broaden its services, which will now include flight reservations, business services, and employment solutions.
  • The app aims to ease access to government services, such as document issuance, for both businesses and citizens, reflecting growing demand for digital platforms in Saudi Arabia.
  • Abikhdmh’s growth aligns with Saudi Arabia’s Vision 2030 initiative, which focuses on digital transformation to diversify the economy and enhance government and private sector services.

Abikhdmh, a Saudi app for electronic transactions, announced it raised USD 798,545 (SAR 3 million) in a seed funding round from investors to expand its range of services.

Abikhdmh Expansion Plans

Founded by brothers Abdul Mohsen and Mohammed Al-Mufadhili, Abikhdmh plans to use the new capital to broaden its offerings.

This expansion will include flight bookings, business services, and employment solutions, with the primary goal of enhancing its technical platform to meet the evolving needs of users.

Streamlining Government Services

The app’s mission is to simplify interactions with government services, allowing businesses and individuals to more easily access services such as document issuance.

The company’s move reflects the growing demand for digital services in Saudi Arabia, where citizens and businesses increasingly rely on electronic platforms for efficient transactions.

Abdul Mohsen Al-Mufadhili, CEO of Abikhdmh, emphasized that the app is focused on creating an integrated, secure, and user-friendly system for electronic services. Their goal is to cater to the expanding needs of users in the Kingdom.

Saudi Arabia’s Digital Transformation

Abikhdmh’s expansion aligns with Saudi Arabia’s broader digital transformation agenda under Vision 2030, which aims to reduce dependence on oil by diversifying the economy.

The Kingdom is investing heavily in technology, with particular emphasis on building digital infrastructure to modernize government services and enhance private-sector operations.

This trend is driving the rapid growth of the e-services sector, making apps like Abikhdmh increasingly relevant as citizens demand more accessible and efficient digital solutions.

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