Ibtikar Fund Invests in SellEnvo to Support Its Global Expansion in E-commerce Solutions
- Ibtikar Fund has invested in SellEnvo, a company specializing in SaaS e-commerce software, to support its global expansion.
- SellEnvo leverages artificial intelligence (AI), achieving a 40% increase in revenue and 50% reduction in labor costs for its clients.
- The new funding will focus on expanding sales and marketing operations, as well as developing AI features to enhance its services.
Ibtikar Fund, which focuses on supporting startups, announced its investment in SellEnvo, a fast-growing company specializing in SaaS solutions for the e-commerce sector. The company, which has built a strong presence in US and European markets, is now preparing for global expansion with the backing of this investment.
Investment Goals
SellEnvo will direct this funding toward:
- Expanding sales and marketing operations.
- Enhancing AI features on its platform.
- Supporting global market expansion plans.
Statements from Company and Fund Executives
Ahmed El Saidi, Co-founder and CEO of SellEnvo, said:
“With the support of Ibtikar Fund, we are now in a position to accelerate our growth and deliver even greater value to our customers.”
For her part, Anbar Omla, Managing Partner at Ibtikar Fund, said:
“SellEnvo represents the type of high-growth, high-potential companies that align with our mission to deliver strong returns to our investors.”
SellEnvo’s Performance and Market Impact
SellEnvo offers an AI-powered platform that integrates and automates e-commerce operations, helping businesses:
- Increase revenue by 40%.
- Reduce labor costs by 50%.
The company serves hundreds of active clients, who have witnessed direct positive impacts on their business performance after adopting the platform’s services.
SellEnvo’s Future Vision
SellEnvo aims to strengthen its position as one of the leading global e-commerce solution providers, focusing on innovation and AI to support its clients’ growth in various markets.
This investment represents a significant step towards enhancing the global presence of Arab startups in the software sector, supporting Ibtikar Fund’s strategy to empower high-potential startups to achieve sustainable growth.
