The Middle East's 50 Most-Funded Startups
Country: U.A.E. , KSA & China
Investors: Chinese venture capital firm
Logistics and courier services provider across the Middle East and China
iMile’s delivery services include cash on delivery, last mile delivery, international transport, and warehouse facilities. It was first launched in the U.A.E. and China in June 2017 and expanded to Saudi Arabia in 2018. Before starting iMile, CEO Rita Huang was previously the CTO of Alibaba Joint Venture in Dubai and a country manager for Huawei. Co-founder Naveen Joseph was formerly a manager at Amazon. In March 2020, the company raised $10 million in a pre-Series A funding round, led by a China-based venture capital firm. The proceeds will help the startup roll-out its services to Egypt, Kuwait and Morocco in a push for regional expansion.