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On the Record with David Reche | Co-Founder | Cercli

David talks about his experience at Seamless digital commerce. Cercli was started in Dubai, and is more than just a platform for MENA businesses to hire and manage and entire workforce, like from contractors, direct employees or employees abroad. He also talks about how important the Middle East is for Cercli. David explains that whether clients want to manage Payroll, team management, and anything related to employee experience, Cercli is there to support them.

 

Freight and Logistics talks | with Daniel Nuss | Marketing Director | aramex

Daniel, has been with aramex for the past four years. He highlights the company’s strong presence in the Middle East, backed by over 40 years of experience in logistics, 3PL, freight, and express services. Attending Seamless for the third consecutive year, aramex values the event for industry networking and insights, especially in fintech and payments. Unlike other regional players, aramex boasts unmatched experience, extensive fleet size, and operations across Africa and Asia. Their e-commerce focus is significant, representing a major client base. Seamless offers a platform to engage with current clients and attract new ones, while reinforcing aramex’s commitment to innovation and a robust tech stack.

Inside Conversational AI: with Rajratna Kakade | Jio Haptik Technologies Ltd | Business Head

Haptik is one of the largest conversational AI companies in the world. Rajratna talks about what Haptik does as a company and how its agentic AI platform spans multiple industries, including retail, e-commerce, healthcare, financial services, telecom, travel, and hospitality. In Dubai, they’re also working with a growing number of real estate clients. Rajratna discusses why Haptik is expanding into the Middle East and delves into what makes its conversational AI stand out from other players in the region.

In conversation with Nabeel Al Kharabasha | General Manager | Zajel

Zajel is one of the leading logistics companies in the UAE, providing fully integrated logistics solutions for both the private and public sectors in the UAE market. The Middle East is Zajel’s core market, and Nabeel explain’s why this region holds such importance. Nabeel highlights a key point, stating that e-commerce in the Middle East is playing a major role in the supply chain process. He notes that the region provides solid ground for investors and supports growing businesses in all aspects and directions. He also discusses how the market presents challenges from a logistics and supply chain perspective.

In conversation with WAEL ALI | Regional Director | CM.com

CM.COM is a company from the Netherlands that has been in the market since 1999. They established their presence in Dubai in 2018, where Wael founded the regional branch. CM.COM’s core mission is to help businesses communicate more effectively with their customers. In this interview, Wael shares the driving force behind his team at CM.COM and offers insight into their latest product, HALO.

Spinny increases size of funding round to $170 million

Used car platform Spinny has increased the size of its ongoing funding round to $170 million, up from $131 million, with the entry of WestBridge Capital, according to people familiar with the matter.

The investor is expected to put in around $35–40 million in primary capital.

Spinny enables both the buying and selling of quality used cars through a full-stack platform model. It manages the entire supply chain, including vehicle inspection, refurbishment, documentation, and financing.

The round has also seen the entry of US-based Accel Leaders Fund as an investor in the company. The existing backers, Elevation and Tiger Global, are also said to have increased their stake.

The valuation of the company has, however, remained flat at $1.5–1.7 billion. The Gurugram-based company had achieved the unicorn status in July 2021, with a valuation of $1.8 billion.
The funding comes at a time when Spinny has made its NBFC arm, Spinny Capital, operational. It has also acquired auto media and car content platform Autocar India.
So far, Spinny has raised more than $500 million from investors including Tiger Global, Elevation Capital, General Catalyst, and Fundamentum, among others.

In December 2021, the company also roped in cricket icon Sachin Tendulkar as a strategic investor and brand ambassador.

The firm’s revenue from operations increased to Rs 3,725.02 crore in FY24, from Rs 3,259.78 crore in FY23.

During the same period, its losses declined by 28% to Rs 590.37 crore.

The second-hand car industry is undergoing a slowdown with industry experts projecting single-digit growth of 8-9%, lower than the 10-12% compound annual growth rate (CAGR) reported in the last few years.

News Credits:- FINANCIAL EXPRESS

THG Fulfil to increase sorting capacity with 430 Libiao robots

THG Fulfil has announced it will install 430 state-of-the-art T-sorting robots from Libiao Robotics at its warehouse in Manchester in the UK in a bid to increase operational capacity by 75%.

The T-sorting robots are set to be operational in September 2025 and will enable THG Fulfil to handle around one million units per day, bolstering its operations ahead of this year’s peak season.

According to Libiao, its robots have a sorting accuracy of up to 99.9% and its system is engineered to sort for multiple destinations simultaneously, with electroplating robots operating on optimal paths to maximize sorting efficiency.

Tom Killeen, COO, THG Ingenuity which owns THG Fulfil, said, “We have always believed that fulfilment is a core driver of customer excellence and brand reputation. Our collaboration with Libiao further solidifies our commitment to providing brands and retailers with industry-leading, scalable automation solutions that optimize everything from pick and pack to final-mile delivery, ultimately enhancing customer experience and driving loyalty.”

Jason Zhang, VP of sales – Europe, Libiao, added, “We’re excited to partner with THG Fulfil, showcasing the elegance and scalability of Libiao Robotics’ solutions. Our compact, modular robots enable rapid plug-and-play deployment. With THG Fulfil as our UK distribution partner – leveraging their vast retail network and warehouse automation expertise – we look forward to expanding Libiao’s reach across new industries.”

Author Credits:- HAZEL KING
Parcel and postal technology INTERNATIONAL

Heineken to invest over $2.7 billion in Mexico through 2028

Beer maker Heineken will invest $2.75 billion in different projects in Mexico, the company’s CEO in the country said on Wednesday.
Oriol Bonaclocha said during Mexican President Claudia Sheinbaum’s morning press conference that the investment will include the construction of a new factory in the country’s southeast.
The new plant in the state of Yucatan will have an initial production capacity of 4 million hectoliters and that amount is expected to be doubled in the future depending on the company’s needs, Bonaclocha said.
“We do not plan to close any factories, this is an expansion,” he added.
In April, Grupo Modelo, the producer of Corona and other Mexican beer brands, announced it would invest more than $3.6 billion in Mexico, despite concerns over water shortages in the country.
The relationship between beer makers and other industries like agriculture has been a longstanding issue in Mexico.
Almost three years ago, the construction of a Constellation Brands brewery in Mexicali was halted to protect local water resources and moved to Veracruz in eastern Mexico.
News Credits- Reuters

First EUROSPAR supermarket in Finland launched

Ylöjärvi, located west of Tampere, is the first city in Finland to have a versatile EUROSPAR supermarket as part of the Tokmanni store portfolio.

The EUROSPAR store concept, marking the return of the SPAR brand to Finland after nearly twenty years, offers a diverse selection of affordable groceries that meets customers’ shopping needs in one place.

“In Finland, the EUROSPAR supermarket concept and its vivacious store appearance are based on the international EUROSPAR store format and elements, which have been developed in accordance with best practices and successfully operate around the world,” says Harri Koponen, Vice President, Store Network and Concept for Tokmanni Group’s operations in Finland.

The EUROSPAR supermarket, which opened on 12 June in Ylöjärvi and offers an extensive grocery selection, is just the beginning. Tokmanni, the SPAR licensee in Finland, will renew all of its food departments selling fresh food to align with the international SPAR brand. Tokmanni will introduce more SPAR products from around the world to shoppers of its 204 Tokmanni stores.

The combined retail space of Ylöjärvi’s Tokmanni and EUROSPAR supermarket is around 6,000m2 of space, with the EUROSPAR supermarket being over 2,000m2. Customer service at Tokmanni and EUROSPAR stores in Ylöjärvi is provided by a team of around 50 retail professionals.

International assortment

Local food or food products from small producers or other local companies are available at the EUROSPAR supermarket in Ylöjärvi. This is complemented by a variety of product offerings reflecting the international SPAR brand and shopper interest in diverse cuisine solutions.

The EUROSPAR supermarket product selection was determined by listening to customers. Both local and other domestic products in the range reflect tastes from around the world.

More diverse food selections

Tokmanni’s partnership with SPAR International and the very extensive procurement channels formed together with SPAR licence holders in different countries worldwide offer Tokmanni an excellent opportunity to sell SPAR private label and other daily consumer goods that are of great interest to customers all over Finland.

Tokmanni is also exploring opportunities to operate a grocery business with SPAR formats in some Tokmanni stores, in addition to those that already sell fresh food. However, at this time, Tokmanni’s main focus is on the SPAR product ranges in all Tokmanni stores, as well as in stores that already sell fresh food, gradually transforming them to align with the SPAR concept.

News Credits:- SPAR international

Meesho becomes public entity in run up to IPO

E-commerce business Meesho’s board of directors has given its go ahead for its conversion into a pubic entity as the business moves towards readiness to launch an initial public offering.

“The company is currently exploring various strategic alternatives for its long-term growth and value enhancement, which may include, at an appropriate time, an initial public offering of its equity shares and listing on a recognised stock exchange in India,” wrote Meesho in a filing with the Registrar of Companies, ET Retail reported. “While the board of directors has not yet approved or initiated any IPO process, the company intends to maintain readiness from a regulatory and compliance perspective to enable such an offering when deemed appropriate.”

Making the conversion from a private limited company to a public limited company is needed for a business to prepare for an IPO in India. Along with this transition, Meesho is also undertaking the moving of its domicile from the US to India. As part of this, the business has applied to the National Company Law Tribunal to approve its domicile change, the Economic Times reported.

Once Meesho is officially based in India, the renamed entity ‘Meesho Limited’ will become the parent company of the e-commerce platform. Backed by SoftBan, Tiger Global, and Prosus, Meesho’s gross merchandise value run rate totalled $6.2 billion, according to a report by brokerage CLSA in March this year.

Author Credits:- Isabelle Crossley
FASHION NETWORK