Page 29 - UNIFONIC PR REPORT - JULY 2025

7/9/25, 1:57 PM Riyad Capital leads SAR 1bln investment round in Ninja, the Kingdom’s leading Q-commerce platform

The funding will support Ninja’s expansion into key cities across Saudi Arabia. Image Courtesy: Riyad Capital

INVESTMENT
Riyad Capital leads SAR 1bln investment round in Ninja, the

Kingdom’s leading Q-commerce platform

Strategic investment reinforces Riyad Capital’s leadership in private equity and supports
the growth of emerging digital businesses

Press Release

July 7, 2025

Riyadh, Saudi Arabia – Riyad Capital, a leading investment manager, today announced it has led an
SAR 1 billion investment round through the Riyad Pre-IPO Opportunities Fund for Ninja, the fastest-
growing Q-Commerce platform in Saudi Arabia.

Founded in 2022, Ninja has achieved record-breaking growth rates and gained significant market
leadership in Saudi Arabia’s retail sector in a short span. This has been driven by a differentiated

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