Retailo raised $60 million to sell to corner shops in three countries. It kept one
Three Careem alumni launched a B2B marketplace in Karachi in 2020, raised faster than any Saudi seed before it, and by 2023 had pulled back to Riyadh.
Retailo
Retailo is a Riyadh headquartered B2B marketplace and distribution platform that lets small retailers and restaurants order fast moving consumer goods by app for next day delivery. Founded in July 2020 by three former Careem executives from Pakistan, it operated in Saudi Arabia, Pakistan and the UAE and raised about $60 million in disclosed funding by late 2023.
Riyadh, founded 2020
