Fetchr Se­cures $11M for Gps-based Ship­ping So­lu­tion

Arabnet - The Quarterly - - Industry Stories -

The Dubai-based pickup and de­liv­ery com­pany Fetchr has closed a Se­ries A fund­ing round led by the Us-based New En­ter­prise As­so­ci­ates, and se­cured $11 mil­lion to ex­pand in the re­gion. Fetchr’s rev­o­lu­tion­ary new app com­bines its easy ship­ping and de­liv­ery model with GPS lo­cal­iza­tion to make up for the ab­sence of postal ad­dresses. The app pro­poses an ul­tra-sim­ple and en­gag­ing UX. If you have to ship some­thing, you sim­ply take a pic­ture of the item. The com­pany picks it up at your lo­ca­tion and even packs it for you on site be­fore tak­ing it to de­liv­ery (like the Us-based Shyp). If you or­der some­thing online, the Fetchr ser­vice drops it off wher­ever and when­ever you tell it to (like Par­cel). Users sim­ply pin­point their lo­ca­tion via GPS on their mo­bile phone, and the com­pany han­dles de­liv­er­ies and pick­ups from there. Idriss Al Ri­fai, founder and CEO, said they will be present in Saudi Ara­bia in the next month, and the com­pany is sched­uled to en­ter the Qatari and Kuwaiti mar­kets in Septem­ber. He said they plan to be able to ship to any coun­try in the re­gion in the next few months.

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