Ninja, Saudi Arabia’s leading quick-commerce platform, has secured $250 million in a major funding round led by Riyad Capital. This latest investment pushes the company’s valuation to $1.5 billion, officially making Ninja the Kingdom’s newest tech unicorn.
Founded to revolutionize on-demand delivery in the region, Ninja’s platform offers ultra-fast service for groceries, essentials, and consumer goods. The company leverages hyperlocal warehouses and advanced logistics to fulfill orders in under 30 minutes.
With the fresh capital, Ninja plans to expand its operations across the Gulf Cooperation Council (GCC), scale its technology infrastructure, and enhance customer experience. The funding also sets the stage for international expansion and deeper integration with AI-powered logistics tools.
Riyad Capital, the lead investor, highlighted Ninja’s strong unit economics and scalable model as key factors in the decision. The platform currently operates in major Saudi cities, serving millions of users with a growing network of micro-fulfillment centers.
Industry experts see Ninja’s success as a signal of growing investor confidence in Saudi tech startups. As quick-commerce continues to surge globally, Ninja’s model places it among the frontrunners shaping the sector in the Middle East.
The company aims to triple its delivery capacity by 2026 while maintaining its signature rapid service. With strong financial backing and a booming market, Ninja is positioned for continued dominance in the region’s e-commerce landscape.
