Faith Capital announced today its investment in Saudi Arabia-based Nana. Nana is an online grocery marketplace platform that powers hypermarkets and helps them showcase their inventory to millions of users. Nana’s technology allows buyers to enjoy a seamless remote experience from the comfort of their homes, where a shopper prepares the order and has it delivered to the user’s registered address. The technology allows users to get a constant overview of the progress as well as track the delivery.
Founded by Sami Alhelwah, Abdulmajeed Alsukhan, Ahmad Alsamani and Bakr Elsherif in 2016, Nana has managed to triple its turnover during the past year, and partnerships with Carrefour, Al-Othaim, Farm Superstores, SPAR and Manuel, among others have helped Nana offer the widest possible range of consumer packaged goods (CPG) to users across 18 cities Saudi Arabia.
Nana previously raised a $18 million Series B round in 2020.