Angelspark has announced its strategic investment in Retailhub, a UAE-based SaaS platform focused on transforming grocery retail through AI-powered shelf analytics. Founded in 2022 by Daniel Alimov and Roman Tikhonov, Retailhub is positioning itself as a leader in retail technology within the UAE and the broader MENA region.
What Does Retailhub Offer?
Retailhub offers innovative inventory management solutions that help grocery retailers optimize their operations. By partnering with retailers, consumer packaged goods (CPG) companies, and aggregators, the platform addresses key challenges like improving on-shelf availability, reducing out-of-stock rates, increasing average basket size, and tackling food waste.
Through its advanced AI technology, Retailhub delivers real-time insights into shelf performance, empowering businesses to improve stock management and deliver a better customer experience.
Investment to Drive Expansion
With this new investment, Retailhub aims to enhance its platform capabilities, expand its partnerships, and scale operations within the UAE and beyond. The funding will support Retailhub’s ongoing mission to reshape grocery retail operations in an increasingly technology-driven market.
Retailhub’s focus on improving operational efficiency, reducing waste, and boosting customer satisfaction has positioned it as a pioneering solution for the retail industry, especially in the MENA region.
A Big Change in Retail Technology
Retailhub’s growth is a testament to the increasing demand for innovative solutions in the grocery retail sector, where technology like AI-driven shelf analytics can significantly enhance operational performance and the overall shopping experience.
