NUMBER: $500b is the value of the retail industry in the Middle East, North Africa and Pakistan region, consisting of more than 10 million small businesses. Retailo, the fastest growing startup in Middle East, North Africa, and Pakistan, which is digitizing the region’s retail supply chains, has raised $36 million in its series A investment round, which was a mix of equity and
RIYADH: Saudi Arabia's fast-growing e-commerce platform Retailo has raised $36 million in its series A funding round with more than 80 percent of the amount raised in equity, Magnitt reported. The remaining 20 percent was raised through venture debt. The round was led by Silicon Valley-based Graphene Ventures and joined by leading investors that include 500 Global, Agility,