Morni, a Saudi Arabia-based company focusing on the automotive sector, has secured an investment from STV.
More to Know:
- Morni is a mobility platform specializes in providing services to the automotive sector.
- Its offerings include roadside assistance, vehicle auctions, insurance third-party administration, and a nationwide network of garages and spare parts dismantling facilities.
- The investment came through STV’s newly launched $100 million NICE Fund.
- Morni was founded by Salman AlSuhaibaney in 2015.