Riyadh-based car rental & mobility solution, Telgani has successfully raised $2.5M (9.37M SAR) in its latest funding round. The Pre-Series A round led by Impact46 with participation from Nomw Capital “private equity” and value-added investors.
“Telgani has been fueling the mobility industry with an accessible yet easy approach of renting cars in KSA. Along with governmental and institution support, Telgani is making their mark in the mobility sector with their initiatives. In the last year, Telgani has launched multiple projects including “Telgani Quick”, the first self-service device for rental cars allowing users to rent cars with 3 steps, furthermore Telgani is working on its upcoming exceptional projects,” added Ali Alfehaid, co-founder of Telgani.
The startup will channel its newly acquired funds to support its platform and expand its go-to market to cover the wider geographical areas within the region.
