Twlm Secures SAR 1 Million Funding to Support Expansion in the Kingdom via B Group
Twlm Information Technology, a burgeoning startup specializing in innovative tech solutions, has announced its successful acquisition of a SAR 1 million investment.
This significant funding round was led by Saudi-based B Group, a prominent investment entity, and saw participation from a group of angel investors who have expressed strong confidence in the company’s vision and ambitions.
Founded in 2023 by a team of seasoned professionals—Ahmed Al-Dakheel, Abdulaziz Al-Rashoud, Abdullah Al-Dakheel, and Waleed Al-Qarni—Twlm has quickly made its mark in the tech industry.
The founders bring extensive experience in information technology and business management, which has enabled them to craft a strategic vision that meets the growing demands of the Saudi market.
The company’s app focuses on providing innovative solutions for order pickup services from restaurants and retail stores, offering a practical and efficient tool for both business owners and consumers.
Since its launch, Twlm has successfully onboarded more than 250 restaurants and stores onto its platform, a testament to the high quality of the services it offers.
The app delivers a seamless user experience, combining speed and efficiency, making it a preferred choice for many restaurant and store owners looking to optimize their operations and expand their customer base.
In its official statement, Twlm revealed its plans to use this investment to fuel its ambitious expansion strategies.
The company aims to scale across Saudi Arabia, targeting to onboard 1,000 restaurants and stores by the end of the current fiscal year’s final quarter.
This expansion reflects Twlm’s commitment to achieving sustainable growth and increasing its market share in a rapidly evolving tech landscape in the Kingdom.
Furthermore, the company emphasized that this move is part of a broader strategy to enhance its services and broaden its reach to new areas while increasing its user base.
Twlm views this investment as an opportunity to strengthen its infrastructure and develop its technologies, ensuring that it continues to offer top-notch services to both its current and future clients.
This investment is expected to bolster the company’s position as a formidable competitor in the market and drive innovation within the Kingdom’s tech services sector.
In summary, this new investment marks a significant milestone in Twlm’s journey, opening up new avenues for growth and expansion while reinforcing its ability to achieve its future goals.
