Saudi I-be Hub implements investment proposal including 4 startups

NOHA.GAD
Oct 31, 2023

Riyadh - Sharikat Mubasher: I-be Hub, the Saudi innovation and entrepreneurship center, implemented its first investment proposal for startups, with the participation of foreign investment funds and investors, the center announced in a press release.

The proposal included four startups working in different fields: Bagpoint; the developer of smart and safe solutions for baggage services, Shttle; the smart lockers provider, Ertikaz Solutions; the digital logistics and fintech solutions enabler, and Infnt; the engineering and crowd management solutions provider.

Bassam AlKharashi, CEO of I-be Hub, affirmed that the startups provide pivotal and innovative solutions that cope with the Kingdom’s remarkable digital transformation and fulfill the growing demand for innovative solutions in e-commerce, logistics services, and crowd management fields.

Bagpoint aims to help travelers enjoy their day luggage-free while connecting all stakeholders on the platform with each other to handle remote bag drop services and remote re-claim services.

Shttle aims to raise the productivity of merchants by providing smart lockers that facilitate the process of delivering and receiving customers' orders anytime and anywhere.

Furthermore, Ertikaz Solutions developed its Lean Dispatcher product, the online transport fleet management software that manages and automates orders, trips, vehicles, operations, and resources easily.

Meanwhile, Infnt provides solutions to manage crowds in markets and large entertainment events.


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