Saudi Startup Sol Sells 35% Stake to Jahez Group

Jahez Group announced purchasing a 35% stake in Riyadh-headquartered startup Sol without revealing the value of the deal, according to an announcement.^[1]  

Launched in 2021, Sol provides a platform for the wholesale sale of basic materials to restaurants, cafes, and catering companies, and enables customers to order their needs of various goods and deliver them to them quickly.

Jahez is a Saudi company that aims to unite stakeholders from restaurants, logistic fleets, and customers’ meal orders into Jahez Mobile Application.