Omniful Secures $5.85M Seed Funding for Supply Chain and E-commerce Innovation
Omniful, a supply chain and e-commerce enablement startup, has revealed itself from stealth mode, securing $5.85 million in seed funding. Led by VentureSouq, the funding round includes participation from various investors. The startup provides comprehensive solutions for ordering, warehouse management, and transport management, optimizing hyperlocal and omnichannel commerce for merchants and streamlining workflows for third-party logistics providers (3PLs). Co-founders Mostafa Abolnasr and Alankrit Nishad aim to revolutionize supply chain technologies by focusing on speed, accuracy, scale, and efficiency. Omniful's technology has already gained traction with major retailers and 3PLs in markets such as KSA and the UAE. The startup plans to expand its global footprint, targeting growth in Africa and India, where it operates an R&D center. Omniful's universal and adaptable approach positions it as a borderless solution with potential applications across diverse markets.
Read more on TechCrunch
