Healthcare companies Miran from Saudi Arabia and Welnes from Egypt merge to establish a regional health and wellness platform
In an exciting development for the health and fitness industry, two prominent Middle Eastern startups, Miran and Welnes, have merged to create a formidable new entity.
Founded in 2017, Miran, based in Saudi Arabia, offers a comprehensive fitness solution, providing users with tailored workout routines and diet plans. With both a free version and a $16-per-month subscription, Miran's services are accessible to a wide audience. The app boasts features such as workout tracking, exercise libraries, and personalized fitness programs, all wrapped in easy-to-use interfaces and offline workout libraries.
On the other hand, Egyptian startup Welnes, launched in 2020, focuses on connecting users with professional nutritionists and trainers for customised meal and workout plans. Welnes has raised $300,000 since its inception and has built a community-focused platform for fitness professionals and health-conscious users.
The merger was led by a prominent Saudi angel investor who is a member at Doroob VC. Unfortunately, at the time of this article, there is limited public information about the details of the merger, its expansion plans, or the newly merged entity's name.
What we do know is that the headquarters of the merged entity will be in Riyadh. Amr Saleh will serve as CEO of the newly merged entity, bringing his extensive experience in the tech and startup sectors to lead this exciting new venture.
Prior to the merger, Welnes had secured backing from investors including Flat6Labs, Samurai Incubate, UI Investments, and several angel investors. It is expected that the combined resources and support from these investors will help propel the new entity forward in its mission to revolutionise the health and wellness industry.
As more details about this merger and the new entity emerge, we will be sure to keep you updated. This merger represents an exciting step forward in the health and wellness sector, and we can't wait to see what the future holds for this dynamic new company.
- This dynamic new company, with Amr Saleh at its helm, will leverage investments from Flat6Labs, Samurai Incubate, UI Investments, and other backers to revolutionize the fitness-and-exercise and health-and-wellness sectors through its technology.
- In the realm of finance, the merged entity, now based in Riyadh, will tap into the combined resources of its investors to expand its services, such as personalized fitness programs, exercise libraries, and diet plans.
- As the new leader in science and technology for health-and-wellness and fitness-and-exercise, the merged entity aims to provide tailored solutions for users, bridging the gap between technology and wellness through its innovative digital offerings.
