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Infinite PL and Falak Investment Hub have recently signed a Memorandum of Understanding (MoU), initiating a strategic partnership dedicated to leading significant contributions to the logistics sector. This partnership combines the expertise and resources of both organizations, with a shared vision to set new industry benchmarks and promote innovation-led growth.
Nurturing a Thriving Logistics Community:
Infinite PL and Falak Investment Hub's joint efforts go beyond silos and enable co-existence, abiding by one of the first and most important rules of innovative ecosystems. They are dedicated to nurturing a thriving community of logistics entrepreneurs, talents, investors, decision makers, and regulators to complete the cycle and enable a single conversation to carve the way for innovation in the logistics sector. By fostering strategic partnerships and cultivating fresh initiatives, they aim to create an environment where collaboration and forward-thinking thrive. This approach will set the stage for next-generation advancements in logistics, propelling the industry towards a more efficient and sustainable future.
Building a Dynamic Ecosystem:
The primary goal of this partnership is to establish a dynamic ecosystem of startups and technology alliances that will act as a driving force for change within the logistics industry. By pooling their capabilities, Infinite PL and Falak Investment Hub are committed to reshaping the sector and unlocking its full potential by collaborating closely to develop and execute robust go-to-market strategies. Together, they will identify and leverage market opportunities, capitalizing on emerging trends and disruptive technologies to transform the logistics landscape. This strategic approach will ensure a competitive edge and sustainable growth in an ever-evolving market.
Enhancing Innovation Program Design and Execution:
At the heart of their collaboration is the commitment to use their proprietary technology platforms and market depth to enhance the design and execution of innovation programs in the sector. By utilizing advanced technologies, Infinite PL and Falak Investment Hub will provide leading-edge solutions that catalyze industry-wide innovation. This focus on innovation will empower businesses to stay ahead of the curve and adapt to rapidly changing customer demands.
The MoU between Infinite PL and Falak Investment Hub marks a significant milestone in the logistics sector. By combining their expertise, resources, and shared vision, they are poised to transform the industry landscape. Through robust go-to-market strategies, revolutionary innovation programs, and the cultivation of an innovation community, Infinite PL and Falak Investment Hub are set to redefine logistics standards and drive industry-wide advancements. Together, they will shape the future of logistics, unlocking new possibilities and opportunities for businesses worldwide.
About Infinite PL:
Infinite PL is a KSA-based joint venture launched in June2022 by SPL - Logistics & Postal services provider and RAI Digital -Digital Product & Venture building arm of RAI, a multinational professional services firm. With a vision to become a digital logistics pioneer, Infinite PL aims to enable KSA to establish a Logistics Hub connected to the World. Through advanced technologies and innovative solutions, Infinite PL is revolutionizing the logistics landscape and driving digital transformation in the industry.
About Falak Investment Hub:
Falak Investment Hub is a fully-fledged investment firm that supports technology startups and entrepreneurs in Saudi Arabia and the MENA region. Falak is a one-stop shop that helps startups develop and thrive rapidly through its growth services, partnerships, and business development support ecosystem. Falak’s offering includes in-kind and direct funding, access to strategic investors and partners, and customized training & workshops to help startups grow, especially those planning to expand across borders.
Falak Investment Hub has supported and facilitated the growth of more than 30 tech startups based in the MENA region, with a total market cap of 1.13 billion SAR of portfolio companies, with a 350% average startup growth rate in Falak's programs, and more than 33 international growth-stage companies have landed in the KSA region and more than 100+ alumni companies raising millions of dollars via Falak Angels.
