Have you heard the latest news? If not, we at StartUp Bahrain are happy to let you know that one of our Bahraini startups Inagrab just secured an investment from California-based seed accelerating giant, 500 Startups, along with other investors!
Inagrab is a platform that helps retail businesses scale their business, and distribute their products globally with the help of A.I. and big data analytics that was launched in 2017 by serial entrepreneurs Hussain Haji and Mustafa Marhama.
The investment amount raised is undisclosed, but co-founder and CEO, Hussain Haji, tells us that the newly raised investment will help them expand into the rest of the GCC and Egypt, as well as go through a strategic customer acquisition campaign for their newest vertical called Dalooni.
What is Dalooni? Well, it is an app powered by Inagrab that helps businesses connect to a sales force that will promote their products for a commission. It’s available on Google Play Store and Apple Store.
Is Inagrab one step closer to being a unicorn? Hussain sure thinks so when he told us “We are ecstatic that an international VC believed in our vision and is supporting us in our growth. We believe this partnership will open international doors for us and we are more optimistic towards a steady growth. Plus we are genuinely trying to help small business owners and people in general with our products. We are one step closer to becoming a Bahraini Unicorn”.
We are so proud of Hussain and Mustafa, and are happy to share this news with the StartUp Bahrain community and our devoted readers.
Inagrab was also part of the first cohort of Flat6Labs Bahrain and were invited to pitch at on stage during the Flat6Labs Demo Day. Inagrab is the first Bahraini startup to secure follow-on funding after being a part of the Flat6Labs accelerator. Want to know more about them? Then head over to their website or visit their Instagram, Twitter to find out more!