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Saudi’s logistics services startup Mkhdoom raises 4 million SAR

Saudi’s logistics services startup Mkhdoom raises 4 million SAR

Mkhdoom, Saudi-based logistics provider, raised 4 million Saudi Riyals in a seed funding round from Aljabr Company and angel investors.

The startup was founded in 2019 and currently serves over 1500 e-commerce platforms with last-mile delivery services. It received its license from Saudi’s Communications and Information Technology Commission (CITC) in 2020.

The company aims to use the new investment to expand within the Saudi Arabia, in addition to developing the platform, and improving the user experience in using logistics services in e-commerce.

Read more: Saudi’s AgriTech startup Red Sea Farms raises $18.5m

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