The investment is instantly followed with a seed funding backed by the UAE’s Select Ventures Holdings.
A native online E-Commerce platform Martix, got a huge shot up in their arm, with a $1,50,000 investment by the Jordan-based fund, Innovative StartUps as well as SMEs Fund (ISSF).
Matrix empowers the native businessmen to operate their online transactions in smooth enduring manner as well as to build up a robust E-commerce presence via leveraging of the state-of-art technological tools as well as the workflows, while as well as presenting the clients a combined overview on the boarded-stores as well as for a better seamless procurement experience that allows them to procure from multiple stores via shopping cart.
Martix also lends logistics as well as the digital payment solutions, and also permits the last-mile service providers that are associated to the platform, to both sellers and clients.
Subhi Sallam, Martix Founder as well as the firm’s CEO, stated: “We have a vision and goals that have yet to be achieved, and we are excited to kickstart our next phase with the support of the investment made by the ISSF and Select Ventures Holdings. We cannot wait to reveal what Martix has in store for the region.”