The startup will be focusing the investment on its content library and technical improvements.
Riyadhi audiobook startup, Dhad, has secured investment in a round led by Raed Ventures, joined by 500 Startups, Khobar-based Vision Ventures, and Saudi angel network Oqal. The Arabic audiobook platform enables users to listen to different Arabic titles through its mobile apps. The startup will be spending a big part of the investment to expand its content library and ensure technological improvements.
Founded by Manar AlOmayri in 2015, the startup currently has audiobooks published in various categories including literature, philosophy, poetry, science, Islamic fiction, young adult and children books. Additionally, Dhad is a publishing house exclusively for audiobooks. Dhad’s content has been listened to by audiences all across the Arabic-speaking world, including places like Germany and Argentina where a noticeable number of Arabs reside.
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