$1m seed funding round
experiencing a huge increase in online sales. The recent pandemic has pushed a lot of people to buy products online. Therefore, following an increase in demand, more entrepreneurs entered the e-commerce space.
On the other hand, the Middle East is still relying on cash-ondelivery payments. Hence, in this complex market, we want to offer our help. We are developing a new solution to offer cash-on-delivery solutions and advance warehousing to the e-commerce stores we help in the region.
What can we expect from uDroppy this year?
Following two years of uncertainty, we believe that from 2022 we can go back to normal growth patterns. We know [our customers] need to establish a stronger presence in the countries where they sell the most. They need warehouses and last-mile delivery there to ship fast and compete with Amazon. We have created the best product for them and we are going to release it. It’s going to be a game-changer.
What are some of the toughest lessons you’ve learned about being an entrepreneur?
Being an entrepreneur means there will be ups and downs. One day you are on the top of the world, the next you are questioning everything you did. Also, hope for the best, but be ready for the worst. I’ve realised that you should create a good team because it’s not an easy journey, and you’ll need smart people who buy into your vision. I’ve also understood the importance of networking.
My advice to someone starting: have a big vision, create a strong team and meet with as many people as possible.