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VISARUN.AI Raises $700K To Streamline MENA Visa Processing

The funding injection will enhance the company’s AI-driven platform, cutting processing and application times in the UAE and beyond.

Published

2 weeks ago

February 7, 2025

Nour Nasir

visarun.ai raises $700,000 to streamline mena visa processing

AI-driven visa service platform VISARUN.AI has secured $700,000 in pre-seed funding from Swiss and UAE-based angel investors. The fresh capital will be used to enhance the platform, grow the sales team, and expand market presence across multiple regions.

Visa processing in the MENA region has become increasingly complex in recent years due to high application volumes and embassy staffing shortages. With wait times stretching from 4 to 12 weeks, businesses and travel agencies face significant hurdles in organizing trips. VISARUN.AI aims to simplify this process by eliminating paperwork and providing a more structured approach to visa applications.

At the heart of the VISARUN.AI platform is a Smart Visa Route system, which customizes application steps based on various factors such as travel destination, applicant nationality, and approval probability. Additionally, the company is developing an AI Interview Simulation feature, offering virtual consultations with real-time feedback to help applicants prepare more effectively.

visarun.ai application sample

“VISARUN.AI represents the future of visa process management. This fresh capital will enable us to fully automate visa processes and develop an advanced AI agent for comprehensive process management,” explained Vladimir Indjikian, President and co-founder of VISARUN.AI.

For businesses, the platform offers a Visa Approval Calculator, allowing users to estimate the likelihood of application success before making travel plans. An Advanced Document Verification system also ensures accurate document analysis, minimizing errors and streamlining the approval process.

Also Read: Dubai Duty Free And TerraPay Partner For Seamless Digital Wallet Payments

“Our core technology combines computer vision and advanced machine learning models to ensure accurate document verification. In fact, the custom-trained language model cross-validates applicant data, virtually eliminating processing errors,” explained Alena Iakina, co-founder and CCO of VISARUN.AI.

With the ability to process up to 10,000 visa applications per month and reduce manual labor by as much as 70%, VISARUN.AI is positioning itself as a game-changer in the industry, especially in a region where migrant workers and tourists lead to very high demand.

Related Topics:Artificial Intelligence VISARUN.AI

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Foodics Acquires Online-Ordering Specialist & Invests In 3 Startups

The deal with UK-based Solo Venture was made at LEAP 2025, and will help create a seamless, all-in-one SaaS ecosystem for restaurants.

Published

2 days ago

February 19, 2025

Nour Nasir

foodics acquires online-ordering specialist and invests in 3 startups

MENA-based restaurant and payments technology provider Foodics has fully acquired Solo Venture, a UK-based company specializing in self-ordering kiosks and white-label online ordering solutions. The deal was reached at this year’s LEAP 2025 event in Riyadh and is part of Foodics’ strategy to create a seamless, all-in-one SaaS ecosystem for restaurants and catering firms.

Solo’s technology includes AI-driven self-service solutions, simplifying ordering and increasing profit margins. By integrating Solo into its platform, Foodics will soon be able to offer restaurants a comprehensive suite of tools covering everything from dine-in management to payments and analytics.

Ahmad Al-Zaini, CEO and Co-Founder of Foodics explained: “This acquisition is a significant step in our mission to build the most comprehensive restaurant management platform in MENA and beyond. To further support our ecosystem and the future of tech in the F&B sector, we are allocating $100M in strategic acquisitions and investments in Fintech, AI, and other transformative technologies over the coming three years”.

Beyond the Solo acquisition, Foodics is also backing three startups as part of its wider expansion plan:

Norma: A Greek AI-powered data analytics firm that enables business professionals to generate insights instantly, eliminating the need for technical expertise.
Add: A specialized accounting platform designed for small and medium-sized restaurants to simplify financial reporting and payroll management.
Arzaq Plus: A smart food and beverage supply chain platform that optimizes sourcing and logistics while introducing a “Buy Now, Pay Later” feature to the Foodics platform.

Also Read: Taager Secures $6.75M To Expand Social eCommerce In MENA

Anas Alghanim, Foodics’ Director of Corporate Development, emphasized, “At Foodics, every investment we make is aimed at creating valuable solutions that drive growth and deliver tangible success, ensuring that we empower our partners and customers to shape the future of the industry”.

The LEAP 2025 announcement coincides with the celebration of Foodics’ 10th anniversary. After supporting over 30,000 food and beverage businesses across 30 countries, Foodics continues to push the boundaries of restaurant management technology, helping companies streamline operations and enhance customer experience.