Regional Expansion for DIGGIPACKS After $400K in Pre-Seed Investment
The KSA startup aims to consolidate its footprint within last-mile delivery & fulfillment sectors after securing the Pre-Seed funding round.
Seasoned industry experts Hasan Jabarti & Amin Al-Atrash’s DIGGIPACKS hassecured $400K in a Pre-Seed funding round, from YOUXEL Ventures, OQAL, and other KSA-based investors, promising regional expansion and refined technology for the last-mile delivery E-commerce businesses and retailer startup.
Sporting coalescences with over 30 last-mile companies in the Saudi market, DIGGIPACKS is already substantially etching its way in the multi-delivery business industry. In a press release, Jabarti stated, “Within the Saudi market there are more than 15 million E-commerce users, with an expected annual increase of new users within the next 3-5 years exponentially. This creates a huge operational challenge for last-mile delivery and fulfillment companies. DIGGIPACKS’s wants to enable the logistics partners to enhance the ecosystem as well as complete it with the reliable partners."
The recent cash injection is going to warrant exactly that. Furthermore, DIGGIPACKS aims to reach a number of 5 fulfillment centers by the end of 2021, further cementing its position as a remarkable new player in the industry through the expansion of its technology, network, and delivery technology within the GCC market. DIGGIPACKS is also looking to launch new services such as Cloud Fulfillment and a 4PL aggregator.
