Snoonu Awarded by Forbes Middle East as One of The Most Funded Startups in Qatar

(MENAFN- Snoonu) Doha, Qatar - Forbes Middle East held their first ever Digital Qatar Symposium & Awards event to honor companies and individuals across four categories for their contribution to Qatar’s economy. The “Most Funded Startups” category award recognized Snoonu as a startup with innovative business ideas that were backed by experienced investors.

This award was dedicated to startups and awarded to both Snoonu and Dibsy during Forbes Middle East’s event, hosted in Doha. The event brought together high-profile dignitaries and executives to recognize and celebrate the most influential businesses and individuals shaping the future of the country.

The other three award categories were the “Most Influential Businesswomen”, the “Top Unlisted Companies in Qatar” and the “Most Valuable Listed Companies” in Qatar.

Forbes Middle East held the awards earlier this month to honor and recognize Qatar’s transformative journey in the digital and tech industries over the past few years. The event included panel discussions and keynote speeches that aimed to highlight the efforts and steps that were taken to step up the digital transformation of the private and public sector alike. Among the panel speakers was Snoonu’s Founder and CEO, Hamad Mubarak Al-Hajri, who was a part of the discussion on "Nurturing the Startup Ecosystem In Qatar'', and encouraged startups to focus on growth.

Additionally, Al-Hajri said “We are honored to have been awarded within the “Most Funded Startups” category. It's important for companies to feel that their work is being recognized by esteemed publications such as Forbes Middle East. We will continue to strive for more national and international recognition as we continue our journey towards becoming the first Unicorn in Qatar and beyond.”

Snoonu is Qatar's home-grown success story that aims to be the first local Unicorn company. With over 150,000 users, Snoonu plans to expand and diversify its offering by adding new features and services to its platform, with a goal to enter international markets, including the Middle East and CIS.

After securing a $5 Million of investments during the Series A Funding round in April 2021, Snoonu plans to continue its growth and launch the Series B round in December 2021, with the goal to launch its IPO by 2024 and to further diversify its offer with payments and supply chain digitization solutions, transport, and global takeaway services.

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