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TWLM secures $270,000 investment to strengthen position in Saudi Arabia

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  • TWLM, a Saudi Arabia-based food pick-up app, has raised $270,000 in investment, primarily from B Group and other angel investors.
  • Founded in 2023 by Ahmed Al-Dakhil, Abdulaziz Al-Rashoud, Abdullah Al-Dakhil, and Walid Al-Qarni, TWLM offers pick-up services from various restaurants and stores.
  • The investment will help TWLM expand its operations, aiming to increase its network from over 250 current locations to 1,000 by the end of the fiscal year.

  • Saudi Arabia-based food pick-up app TWLM has raised $270,000 in investment, led by B Group with contributions from angel investors. 

  • Founded in 2023 by Ahmed Al-Dakhil, Abdulaziz Al-Rashoud, Abdullah Al-Dakhil, and Walid Al-Qarni, TWLM provides an application for order pick-up services from restaurants and stores.

  • The investment will propel TWLM’s plans to expand its footprint in the Kingdom and increase its network to 1,000 locations by the end of the current fiscal year.

Source: Inc. Arabia

Saudi TWLM has announced a SAR 1 million investment ($270,000), led by B Group with contributions from angel investors. Founded in 2023 by Ahmed Al-Dakhil, Abdulaziz Al-Rashoud, Abdullah Al-Dakhil, and Walid Al-Qarni, TWLM provides an application for order pick-up services from restaurants and stores.

Currently featuring over 250 restaurants and stores, TWLM plans to use the new funds to expand its service across Saudi Arabia.

The company aims to increase its network to 1,000 locations by the end of the current fiscal year.

Here’s a summary of the information you provided regarding the startup TWLM:

Startup Information:

  • Startup Name: TWLM
  • Founded in: 2023
  • Founders:
    • Ahmed Al-Dakhil
    • Abdulaziz Al-Rashoud
    • Abdullah Al-Dakhil
    • Walid Al-Qarni

Fundraising Information:

  • Total Funds Raised: $270,000 (SAR 1 million)
  • Funding Round: Not explicitly mentioned, but likely an early-stage investment.
  • Lead Investor: B Group
  • Contributors: Angel investors

Business Overview:

  • Description: TWLM is a food pick-up app providing services for order pick-up from restaurants and stores in Saudi Arabia.
  • Current Network: Over 250 restaurants and stores
  • Future Plans: To expand to a network of 1,000 locations by the end of the current fiscal year.

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