Unipal secures pre-Series A fund to strengthen Its educational platform

Riyadh – Sharikat Mubasher: Unipal, a leading platform dedicated to innovative solutions for university students, has successfully closed its Pre-Series A funding round, with participation from members of the Falak Angels Syndicate.

This funding marks a significant milestone in Unipal’s journey, further solidifying its position as a top provider of student-focused services across the Middle East and Africa, according to the company’s press release.

Unipal’s platform seamlessly blends technology with innovative design to offer students exclusive discounts and personalized deals across a range of sectors, including dining, electronics, and sports.

The company has established a strong presence in Bahrain, with 60,000 users and over 350 brand partners. Its rapid expansion into Riyadh has been equally impressive, amassing 160,000 users and forming partnerships with 250 brands within just eight months.

Adwa Aldakheel, CEO of Falak Investment Hub, commented: “This investment reflects our commitment to empowering impactful startups that deliver tangible solutions. Unipal is more than a discount platform; it’s a partner for brands aiming to connect with influential youth and a supporter of students enhancing their daily lives.”

The funding also highlights Falak Angels’ dedication to fostering innovation and driving growth for promising startups in the region. By providing strategic resources and guidance, Falak Angels enables startups like Unipal to achieve meaningful impact and sustainable growth.

Contribution Time: 18-Dec-2024 10:58 (GMT)
Last Update Time: 18-Dec-2024 11:00 (GMT)