Oryx Fund
Oryx Fund is a venture capital investment firm established in 2021 and based in Abu Dhabi, United Arab Emirates. The firm specializes in supporting early-stage technology companies in the MENA region, particularly those in the fintech, health tech, logistics tech, and edtech sectors. Oryx Fund targets late Seed and Series A investment rounds, partnering with exceptional entrepreneurs to drive innovation and growth in these key industries. With a focus on sectors where they possess significant expertise, Oryx Fund aims to foster transformative solutions that address regional challenges.
Sharwa allows customers to purchase their essential household items like groceries and appliances at affordable prices through its app. Customers can club their baskets into a group order and place them through Sharwa using WhatsApp or directly on its app, unlocking wholesale prices from manufacturers for next-day delivery.
Barq is a logistics service provider specializing in rapid delivery solutions for various sectors including e-commerce, food, and groceries. By transforming retail outlets into micro-fulfillment centers, Barq ensures that orders are fulfilled from the nearest location, allowing for delivery times as quick as 15 minutes or same-day service. The company employs advanced artificial intelligence technology to optimize delivery routes, enhancing efficiency and reducing transit times. Barq offers multiple delivery options for warehouses and fulfillment centers, ranging from four hours to next-day service, tailored to meet specific business needs. Restaurants and food aggregators benefit from a streamlined delivery system, receiving orders within 30 to 45 minutes while only incurring a delivery fee.
Simple. Spending. Software. As above. But, more specifically, penny is a cloud-based Procure-To-Pay system. penny helps you digitize and manage your full procurement cycle from request to approval. Manage RFQs to vendors, compare quotations, send POs and even payment. penny was designed to make things easy and consolidate all of your organization’s spending needs into one intelligent system
GrubTech is a SaaS platform designed to facilitate the digital transformation of restaurants and cloud kitchens. It provides a scalable operating system comparable to 'Shopify' for the food service industry, offering an omnichannel point of sale system that integrates with popular food aggregators and supports direct online orders, dine-in, and takeaway services. The platform is enhanced with AI capabilities, delivering insights for demand forecasting, smart appliance optimization, dynamic order routing, customer profiling, and inventory management. Primarily catering to cloud kitchens, which are optimized for delivery, GrubTech also serves quick-service restaurants and other dining models focused on takeout and delivery. Its comprehensive tools enable modern restaurants to streamline and automate their kitchen workflows, improving overall efficiency and operational performance.
Merit Incentives specializes in enhancing customer and employee engagement through a comprehensive platform that incorporates innovative technologies. The company offers a range of services including customer loyalty programs, employee motivation strategies, sales incentives, and fulfillment of gifts and rewards. By focusing on program design and engagement strategies, Merit Incentives aims to strengthen client relationships and attract new customers in the MENA region.
Hala Insurance, founded in 2020, aims to provide insurance coverage to the 500 million individuals residing in the MENA region. The company focuses on transforming the traditional insurance landscape by offering affordable and rapid online car and home insurance solutions. By leveraging technology, Hala seeks to make the insurance process more accessible and efficient for its customers. The company is part of a broader trend of innovation in the insurance sector, which includes the use of blockchain technology for sharing insurance information, as exemplified by other startups in the region.
Sarwa Digital Wealth Limited is a privately owned investment advisory firm that simplifies the investment process through the use of advanced technology. The company has developed an automated investment management platform that aims to facilitate long-term financial growth for its clients. By combining established investment strategies with innovative technology, Sarwa reduces costs and enhances accessibility to investment opportunities. The platform also focuses on educating users about personal finance and investment, enabling them to make diversified investments and seek improved returns. Through its services, Sarwa seeks to empower individuals to make informed financial decisions and optimize their investment potential.
Alma Health is a digital healthcare platform focused on managing chronic illnesses, catering to an addressable market of 20 million patients in the Gulf Cooperation Council (GCC) region. Based in Hub71, Abu Dhabi, the platform streamlines patient care by offering virtual doctor consultations and a cloud pharmacy service that delivers prescriptions directly to patients' homes. Alma Health leverages technology to transform patient behavior and insights into personalized services, including digital treatments and at-home monitoring systems. By providing comprehensive medical assistance, the platform aims to simplify the lives of individuals with chronic conditions and their caregivers.
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