Qatar’s main tech start-up, Snoonu, introduced earlier right now its acquisition of Akeed, a number one Omani meals supply platform with a community of greater than 1000 eating places and grocery shops.
This milestone is taken into account the primary ever achieved by a neighborhood tech start-up in Qatar. It serves as a step propelling the rising firm ahead and bringing it nearer to attaining its aim of changing into the primary native tech Unicorn firm. The settlement may even shore up Snoonu’s enterprise targets that intention to diversify and develop the corporate’s operations throughout the area.
The acquisition announcement was made throughout an occasion that passed off final Saturday, which was attended by members from the chief administration of each corporations, in addition to excessive profile delegates, outstanding stakeholders and main figures throughout the native and regional enterprise and entrepreneurship sectors.
Commenting on this partnership settlement, Mr Hamad Mubarak Al-Hajri, CEO and cofounder of Snoonu, mentioned: “Our acquisition of Akeed was a call made primarily based on the corporate’s stellar fame as one of many main meals supply platforms in our sisterly Sultanate of Oman. Akeed’s broad community of eating places and grocery shops will allow us to ascertain a stable foothold within the Omani market as our preliminary step in direction of an expanded regional presence and involvement.”
“This wonderful milestone is kind of thrilling for us as a result of it reinforces our efforts in direction of changing into Qatar’s first ever tech Unicorn. We owe it to the nation and its visionary management to proceed to hunt progress all over the world and to contribute in direction of the success of Qatar’s nationwide imaginative and prescient of 2030.” he added.
From his facet, Gaurav Anil Nahar CEO and Co-founder of Akeed, mentioned: “We’re enthusiastic about this settlement with Snoonu and we look ahead to a future imaginative and prescient that can deliver the most recent within the e-commerce and logistics companies business to Oman. Akeed crew is pleased to be becoming a member of arms with such a profitable model from Qatar, and we imagine that this deal will add extra worth to each markets.”
Snoonu is the primary Qatari one-stop-shop utility, facilitating on-line purchasing, life-style, meals, grocery supply, and third-party logistics companies for start-ups and SMEs in Qatar. Along with providing its prospects a seamless service and speedy deliveries for his or her objects, the corporate is a pioneer, contributing to the event of the native tech financial system by encouraging innovation and revolutionizing native on-line companies.