Saudi Arabian transportation solutions provider Telgani has successfully closed its Series A funding round of $6 million, co-led by Hala Auto and Elm Company.
The startup which was launched in 2019, offers car rental options and transportation solutions via its website and app, with a focus on fast car delivery services.
With the new funding, Telgani plans to expand its short-term car rental services in Saudi Arabia and offer more tech solutions for flexible car subscriptions.
Telgani's success is part of a larger trend towards digital mobility in Saudi Arabia, which has seen significant investment and growth in recent years. With the funding secured, Telgani is poised to continue its expansion in the transportation and car rental sector.