Grintafy, AlTahan, and Shaghaf Investments have collectively invested SAR 3,750,000 in Pala De 7 (Pd7), a venture set to introduce an innovative platform exclusively designed for padel enthusiasts in the Middle East, starting in Saudi Arabia.
Pd7 aims to cater to the Padel community with a user-centric platform that facilitates seamless field registration, easy booking, and an enhanced user experience. Leveraging AI technology for game matching, the platform is dedicated to providing an advanced and enjoyable experience for padel enthusiasts.
The investment will be utilized to expand Pd7’s presence nationwide, incorporating advanced technology to streamline pre-booking, gameplay, and post-booking experiences. Tarek Ashoor, the founder and CEO of Pd7, expressed excitement about the shared vision with passionate companies dedicated to enhancing the padel experience.
Grintafy, leading the investment, is diversifying into new sports beyond football, aligning with Saudi Arabia’s Vision 2030 and the Ministry of Sports’ vision. The platform will benefit from Grintafy’s advanced technology. Majdi Allulu, the CEO of Grintafy, highlighted the company’s excitement about entering a new sport, stating that the surge in padel’s popularity, especially in Saudi Arabia, inspired this strategic move.
Majed M. AlTahan from AlTahan Investments conveyed confidence in the collaboration, emphasizing their belief in Pd7’s vision to redefine the padel sports experience, a sport gaining significant popularity in the region. Pd7 is scheduled to launch in early 2024 and will be available on both iOS and Android platforms.
