Dubai-based customer engagement tech startup Yegertek raises fund from NB Ventures

By Shilpa Annie Joseph, Desk Reporter
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UAE
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Dubai-based leading customer engagement technology provider Yegertek has raised funds from major venture capital firm NB Ventures to support the next phase of the company’s growth.

According to the company statement, the investment from NB Ventures will serve as a resounding endorsement of the massive market potential of Yegertek’s innovative engagement solutions.

Yegertek is utilizing the Microsoft CRM ecosystem, and emerging technologies such as Machine Learning, AI, Chatbots, and Beacons, as well as a strategic approach that has evolved through time, in order to serve its clients.

Mr. Neelesh Bhatnagar, Founder, and MD of NB Ventures said, “NB Ventures has always backed startups and companies that leverage technology to differentiate themselves. We see such innovators as particularly relevant in the new normal; when accelerating economic growth is even more of a priority than usual. Investing in a Dubai-based startup, with young and forward-thinking founders like Sajid and Zain, was a no-brainer for us.”

Sajid Azmi
Sajid Azmi
Founder & CEO
Yegertek

“With a constantly increasing portfolio of high-profile clients driving our rise, the funding from NB Ventures comes at the perfect time for Yegertek. Businesses are realizing the power of engaging effectively with loyal customers and employees, using appropriate digital tools that leverage state-of-the-art technologies. Yegertek is positioned to justify the faith of prominent investors, such as NB Ventures, and the influx of this latest funding will serve as the catalyst for the next phase of Yegertek’s growth, within the region and beyond.”

“For us, further investment in this vision, to enable our clients to offer their customers an unparalleled experience, takes inspiration from and is in line with the ‘Towards the Next 50’ directives by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai,” commented Mr. Zain Shaikh, Co-Founder and Chief Operating Officer at Yegertek.

Related: Talabat’s parent Delivery Hero raises $1.5bn in convertible bonds

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