Retailhub backed by Angelspark to accelerate growth in the UAE
The UAE-based SaaS platform Retailhub, which uses AI-powered shelf analytics to revolutionize grocery retail operations, is the latest investment made by Angelspark. Daniel Alimov and Roman Tikhonov founded Retailhub in 2022. With its headquarters located in the United Arab Emirates, the company is quickly becoming a major player in the retail technology industry.
With the help of Retailhub’s cutting-edge inventory management solutions, supermarket retailers can streamline their business processes. By collaborating with retailers, CPG companies, and aggregators, the company addresses the urgent problem of reducing food waste while also improving important operational metrics like average basket size, out-of-stock rates, and on-shelf availability.
Businesses can obtain real-time insights into shelf performance with Retailhub’s AI-powered technology, which guarantees improved stock management and an exceptional customer shopping experience.
As it continues to transform grocery retail in a more technologically advanced market, this most recent investment will allow Retailhub to scale its operations both inside and outside of the UAE, fortify its partnerships, and further enhance its platform capabilities.
Retailhub’s goal of increasing customer satisfaction, cutting waste, and improving efficiency emphasizes its position as a trailblazing solution for the MENA retail sector.