Retailo
ActiveB2B e-commerce and digital distribution marketplace connecting small retailers/restaurants with suppliers (5,000+ SKUs, next-day delivery, embedded buy-now-pay-later financing) across Saudi Arabia, Pakistan, and the UAE.
Retailo is a Riyadh-headquartered B2B distribution startup founded in early 2020 by ex-Careem executives Talha Ansari (CEO), Wahaj Ahmed, and Mohammad Nowkhaiz. It digitizes retail supply chains for small merchants, combining marketplace ordering, BNPL financing, and logistics across Saudi Arabia, Pakistan, and the UAE. After a $6.7M seed (2021), it raised $36M in a Series A round in February 2022 and reported an additional $15M in equity funding in November 2023.
Founders
Talha Ansari
Co-Founder & CEO
Wahaj Ahmed
Co-Founder
Mohammad Nowkhaiz
Co-Founder
Funding Rounds
Lead: Graphene Ventures
Investors: Graphene Ventures, 500 Global, Agility, Aujan, Tech Invest Com, Mentor's Fund, AgFunder, Abercross Holdings, Arzan VC, Shorooq Partners, Nahda Fund (venture debt, backed by IMM Investment Global)
Investors: Graphene Ventures, 500 Global, Agility, Aujan, Tech Invest Com, Mentor's Fund, AgFunder, Abercross Holdings, Arzan VC, Shorooq Partners, Nahda Fund (venture debt, backed by IMM Investment Global).
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