Saudi online automotive marketplace Syarah has raised $12M from Impact46 to expand its digital car sales services across the Kingdom’s new and used vehicle market.
The platform lets customers browse available cars, complete purchases remotely and have vehicles delivered to their locations. Its offering covers multiple regions in Saudi Arabia and includes both new and used vehicles for buyers with different preferences and budgets.
According to the company, the funding will support customer acquisition, improvements to the online car-buying experience and stronger sales and delivery operations. Syarah said its digital model has made it an option for thousands of customers by combining online access, delivery services and broad geographic coverage.
Source: EntArabi
