Alakris Group Fund announces the completion of a $250,000 investment deal with Saudi startup NAJD at the Pre-Seed stage. This project is an innovative mobile app marketplace providing outbound beauty services in Riyadh, the capital of Saudi Arabia. Investing in technology startups in the MENA region, such as this one, is becoming increasingly attractive.

The decision to invest in NAJD was based on an in-depth analysis of the prospects for the women’s beauty industry in the region. In recent years, Saudi Arabia has demonstrated significant progress in women’s empowerment, which opens up new opportunities for startups targeting a female audience. We are confident that this trend will become a growth driver for NAJD and the entire beauty industry in the country.

Vladislav Kostitsyn, President of the fund, noted:
“Saudi Arabia and the MENA region as a whole are becoming increasingly attractive for investors from CIS countries. Interest in technology startups in this region is steadily growing, and we at Alakris Group are proud to contribute to the development of innovative projects, while justifying the trust of our partners. We believe that investing in technology startups in the MENA region is the future.”

The Alakris Group fund is known for its balanced investment strategy based on broad diversification. This has allowed the fund to show stable growth for eight years now, even in the face of volatile global markets. Investments in technology startups in the MENA region also contribute to this sustainability.

We invite all interested investors to discuss the prospects of participating in technology startups in the MENA region. If you would like to learn more about the opportunities that come from working with Alakris Group, please contact us to discuss the details.

Investing in technology startups is not only a contribution to the future, but also a unique opportunity to be part of global change. Together we create new opportunities and open horizons.