Mobily Ventures invests in high-tech startups
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Mobily Ventures invests in high-tech startups

Mobily Ventures invests in high-tech startups

Mobily, Saudi Arabia's second-largest telecommunications company has launched "Mobily Ventures", a new venture capital fund to invest in high-tech start-ups in the telecommunication, IT, media and entertainment sectors, Saudi Gazette reported. The focus will be on Early-Stage and Growth-Stage startups in areas including e-commerce & retail innovation, mobile financial services & payment, digital advertising, digital content & entertainment as well as IT & cloud services.
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