SILQ Group (Equity Investment and Financing Facility)

Funding Details
Awarder
Inbox
Date Award
April 09, 2025
Vertical
B2B Marketplace
Funding URL
View Funding Page

Company Info
Traction
SILQ Group has served over 600,000 retailers and facilitated over $5 billion in transactions, with $750 million in embedded financing disbursements and 100 million shipments.
Founders
Mohammed Aldossary, Khaled Alsiari, Afeef Zaman
Company Description
SILQ Group is formed by the merger of Sary, a Saudi Arabia-based B2B marketplace, and ShopUp, a Bangladesh-based B2B commerce company, creating a platform that connects small businesses with manufacturers and lenders, while also providing financial services.
Market
Small and Medium Enterprises (SMEs)
Location
Saudi Arabia
Coinvestors
Sanabil Investments, Valar Ventures, Flourish Ventures, VSQ, MSA Capital, Rocketship VC, STV, Wafra Investment, Peak XV, Prosus, Tiger Global, Endeavor Catalyst, Raed Ventures, Qatar Development Bank

Links
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