“You should launch the product, start talking with your customers, take feedback, and then start making some alterations – that is a lot more important than having the perfect product straight away. He says he will use the new round of funding to splash out on expansion into three as-yet undisclosed emerging markets in the next year. Currently, Fetchr recruits most of its engineers from outside Dubai – from countries including Pakistan, Jordan, Egypt, Poland, Montenegro, Canada, France, the US and the UK. The whole technology platform is based on Amazon Web Services (AWS), says Al Rifai, who decided to move from Microsoft Azure to AWS in the early stages of the business because he says it is easier to find AWS developers in the region. In addition, a new board was proposed at the EGM consisting of Colin Bryant representing New Enterprise Associate, Dany Farha of BECO Capital, Youmna Assaf representing CMA CGM and its logistics arm CEVA Logistics, Laurent Viguier of Tamer Group and Mazen Mamlouk of the Gate Transformation Team. Despite the numerous advantages, organisations with a lot of legacy workloads can't or won't move everything to the cloud. Your customer is our customer. Flexibility is part of our business culture. Fetchr secures Series-C funding on back of technology, leadership and strategy overhaul, Revitalised investor confidence helps the company raise USD 15Mn; aims for an additional USD 10Mn by the end of this year. Joining the Fetchr logistics family ensures a seamless brand experience throughout the customer journey. USD 17Bn in 2020) this year onwards. Agility, flexibility, reliability and service customization are part of the Fetchr DNA. Fetchr, once one of the rising stars of the Middle East’s nascent startup scene, was valued at almost $300m in a 2017 fund-raising round. My mission is to empower delivery through technology. We don’t see clients. Providing smart, reliable and sustainable logistic solutions. We will remain engaged to support the company in a more strategic and consultative role as we proceed with our US, China, EU and UK expansions.”, Hussein Wehbe, new CEO of Fetchr concludes: “Retail, e-Commerce and individual customers can expect to see a competitively efficient and speedy operation that translates into lower costs and higher end consumer happiness. Drone deliveries, self-driving cars, robotization, augmented reality: sure, that sounds cool! Life after Maze: Is Egregor ransomware next? Fetchr, the MENA region’s leading logistics-on-demand company, has announced that it has received a fresh capital infusion of USD 15Mn as part of its Series-C round of funding. Dubai-based delivery app founder Idriss Al Rifai is well on his way to building one of the largest tech companies in the Middle East. Submit your e-mail address below. They have backed the company during its painstaking transformation period and will be key partners in the company’s future. Fetchr has now raised $52m from four rounds of funding, and Al Rifai is preparing to close the firm’s C-Series funding round within the next few months. In this guide, we look at how hybrid cloud is providing a way forward for some enterprises in APAC, why Lenovo is moving away from hardware, and how mainframe migration to cloud is driving growth for Micro Focus. Welcome to the Middle East. One size certainly doesn’t fit all. Please provide a Corporate E-mail Address. Sign up for Computer Weekly's daily email, Datacentre backup power and power distribution, Secure Coding and Application Programming, Data Breach Incident Management and Recovery, Compliance Regulation and Standard Requirements, Telecoms networks and broadband communications, CW Middle East: CW Middle East: SAP drives digital transformation for Saudi Arabian auto company, digital transformation of businesses is a major driver, Hounslow to trial UK’s first autonomous road delivery vehicle, Online kids’ game Animal Jam confirms large breach, Wi-Fi 6 ready for carrier network deployment. Fast, efficient and customer-focused. Middle East & Africa is the only region forecasted to have a cross-border e-Commerce market (est. This email address is already registered. Our more than 1,500 employees are dedicated to providing the best delivery service within the region and beyond. The support of these strategic investors will enable Fetchr to grow its top-line, diversify its revenues and expand its operational footprint.
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