Riyadh - Sharikat Mubasher: Nawel, the Riyadh-based logistics services provider, secured SAR 3.75 million in a seed round led by Nomd Holding Company, with participation from angel investors, a recent statement unveiled.

Founded in 2022, Nawel provides innovative storage services to enable e-commerce businesses to offer their products to customers quickly and efficiently, ensuring high customer satisfaction.

Mohammed Balsharaf, Founder and CEO of Nawel, affirmed that the round is a milestone in Nawel’s journey to reshape the storage services field and enhance customers’ experience in general.

Meanwhile, Mohammed AlKhushail, Chairman of Nomd Holding Company, stated that the company’s investment strategy completely aligns with Nawel’s innovative approach to elevating the logistics services field.

Nawel provides quick and efficient product delivery to customers while giving business owners control over their brand identity.

It also provides business owners access to data on shopper trends and behavior, customer engagement, and sales to make informed decisions about their business.

Nawel provides a wide range of services, including labeling, picking and packing, last-mile delivery, customer pickup, and more.

Moreover, Nomd Holding Company invests in different ICT fields such as IoT, big data, digital education, digital marketing, ICT infrastructure, and ICT distribution.​