Dubai - Sharikat Mubasher: Ogram, a leading provider of flexible staffing solutions based in Dubai, secured a $3 million non-dilutive investment from Tenami Capital to fuel its expansion into Saudi Arabia, primarily focusing on retail and hospitality sectors.
This partnership represents a significant milestone in Ogram’s mission to revolutionize workforce management and deliver unmatched flexible staffing solutions, the company announced in a recent statement.
This investment will enable Ogram to accelerate its geographic expansion, strengthen working capital, and launch an early payout program, giving Ogrammers faster payouts and better pay cycle control, boosting retention and worker satisfaction.
The investment also marks Tenami Capital’s inaugural move into the workforce solutions space, underscoring its commitment to supporting fast-growing, tech-driven businesses.
Shafiq Khartabil, CEO of Ogram, stated that the investment marks a major milestone in the company’s journey toward transforming the staffing landscape.“This funding deepens our impact in Saudi Arabia, ensuring both clients and Ogrammers experience the very best in workforce solutions."
Meanwhile, Balsam Danhach, CFO of Ogram, commented: “This investment is an investment in Ogrammers’ success. It strengthens our ability to enhance financial stability, improve retention, and deliver unparalleled service excellence.”
For her part, Natasha Hannoun, Managing Partner at Tenami Capital, said: “Ogram embodies the innovation and growth that Tenami Capital is committed to scaling across the region. We are excited to support their expansion and the positive impact they are making on the workforce solutions industry.”
With this partnership, Orgam is poised to continue its transformative journey, enhancing workforce flexibility and improving the staffing experience for businesses and workers alike in the region.