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Kuwaiti gifting platform Teeela raises $3 75m to fund expansion in Saudi Arabia, UAE

RIYADH: Kuwait-based gifting e-commerce platform Teeela plans to expand into Saudi Arabia and the UAE markets after raising $3.75 million in a pre-series A funding round led by Saudi investors. The round was led by Saudi investment firm Wealth Well with participation from other Saudi investors like Mad’a Investment Co. and Al-Akeel family. “This funding will underpin our

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