The Clap Warehousing and distribution services startup Khazenly has raised $2.5 million in a seed round.
More about Khazenly Khazenly is a platform for storing and shipping goods electronically. The company uses artificial intelligence solutions to provide merchants with physical space to store their merchandise, as well as help in shipping.
Who are the investors?
The financing was led by venture capital firms “Arzan Ventures” and “Shorooq Partners”
What will the company do with the funds? Khazenly will expand its mobile dark stores, which allow for merch to get delivered quicker. The company also plans to expand geographically, as well as quadruple total facilities.