Two Omani students raise $1 million for an app
Published: 03:10 PM,Oct 10,2022 | EDITED : 07:10 PM,Oct 10,2022
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MUSCAT: An App called Fascano, launched by two Omani students — Ahmed al Kharousi and Maarak al Maeraki — has raised more than $1 million. Fascano provides easy solutions in the hospitality and food sectors.
The two students invested in the electronic application that they designed during their studies in the Netherlands, where they established a company after their return to the Sultanate of Oman. In its first year, the @fascano_om app received more than one million online order transactions and its market value is currently estimated at $1.2 million.
The app is currently heading to cover important aspects in other sectors and is expanding further in the Netherlands, the European Union and other countries in the future.
The two students invested in the electronic application that they designed during their studies in the Netherlands, where they established a company after their return to the Sultanate of Oman. In its first year, the @fascano_om app received more than one million online order transactions and its market value is currently estimated at $1.2 million.
The app is currently heading to cover important aspects in other sectors and is expanding further in the Netherlands, the European Union and other countries in the future.