Investment Boosts Expansion Plans

Saudi Arabia-based food pick-up app TWLM has successfully raised $270,000 in its latest funding round. Specifically, B Group led this investment, with valuable contributions from angel investors. This funding marks a significant milestone for the company, paving the way for future growth.

Founders and Service Overview

Founded in 2023 by Ahmed Al-Dakhil, Abdulaziz Al-Rashoud, Abdullah Al-Dakhil, and Walid Al-Qarni, TWLM is transforming the way people order food. The app offers a convenient solution for picking up orders from restaurants and stores, thus catering to the increasing demand for efficiency and ease.

Goals for Expansion

With this new infusion of capital, TWLM is set to accelerate its expansion plans. Currently featuring over 250 restaurants and stores, the company aims to boost its network to 1,000 locations by the end of the current fiscal year. Consequently, this ambitious goal highlights TWLM’s commitment to significantly enhancing its presence across Saudi Arabia.

Future Prospects

Moreover, the investment will enable TWLM to improve its services further and reach a broader audience. By leveraging these funds, TWLM is poised to scale its operations effectively, offering even more value to its users. As a result, the company will continue to solidify its position in the competitive food pick-up market.

Looking ahead, TWLM will remain focused on delivering an exceptional pick-up experience. This focus will ensure that customers can easily enjoy their favorite meals without the usual hassle of traditional ordering methods.

Stay tuned for more updates on TWLM’s progress and other exciting developments in the startup world. For additional insights and the latest news, visit kzaad.com.

Source: Inc. Arabia