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
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