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  1. Mubasher News
  2. WellPal moves to Saudi Arabia supported with fresh capital

WellPal moves to Saudi Arabia supported with fresh capital

GHADA.ISMAIL
Oct 16, 2024
WellPal plans to use this investment to support the company’s rapid growth and expansion in the Saudi Arabian market

Riyadh – Saudi Arabia: WellPal, a Flat6Labs portfolio company previously based in Egypt, officially moved its operations to the Saudi Kingdom, supported by fresh funding from an undisclosed angel investor.

This marks a significant step in its mission to support healthy living across the Kingdom, according to the company’s press release.

WellPal plans to use this investment to support the company’s rapid growth and expansion in the Saudi Arabian market in an effort to transform its wellness industry. This fresh capital injection will enable WellPal to accelerate its mission of becoming the go-to platform for health-conscious consumers throughout Saudi Arabia.

Mohamed Ali, Wellpal’s CEO and co-founder, commented: “We are proud to support the Saudi Vision 2030, particularly in enhancing the quality of life for its citizens. Through WellPal’s AI-powered features, we look forward to providing tailored health and lifestyle products that can help our customers make smarter and healthier choices.”

The company operates on a drop shipping business model, leveraging technology to connect consumers with a curated selection of health and wellness products from trusted suppliers and vendors. This model streamlines the supply chain process, allowing WellPal to offer a wide range of products without holding inventory or managing fulfillment logistics.

Wellpal’s future roadmap includes integrating an AI engine that will provide personalized recommendations to support the Saudi Arabian population in their health and wellness journey. The company also plans to expand its product offerings, expand in the MENA region, establish key partnerships with local and international health brands, and further refine its platform to deliver an even more seamless user experience.

 

 

 

Tags

Wellpal
medical sector
Saudi Arabia
Fundraising
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