Saudi's Miran combines with Egypt's Welnes to establish a regional health and wellness venture
In a move that is set to revolutionise the health and fitness industry, Saudi Arabia's fitness app Miran and Egypt's wellness platform Welnes have merged to form a community-focused powerhouse.
The newly merged entity, headquartered in Riyadh, aims to provide tailored workout routines and diet plans to users through both a free version and a $16-per-month subscription. The merger was led by a prominent Saudi angel investor, who is a member at Doroob VC.
Launched in 2020, Egyptian startup Welnes connects users with professional nutritionists and trainers, offering a platform for health-conscious individuals to achieve their fitness goals. Prior to the merger, Welnes had secured backing from investors including Flat6Labs, Samurai Incubate, UI Investments, and several angel investors, raising a total of $300,000 since its founding.
On the other hand, fitness app Miran, founded in 2017, offers workout tracking, exercise libraries, and personalised fitness programs. The app emphasises easy-to-use interfaces and offline workout libraries, making it an accessible option for fitness enthusiasts.
Amr Saleh will serve as CEO of the newly merged entity, bringing his wealth of experience to lead the combined team. With this merger, the new entity is poised to become a significant player in the global health and fitness industry.
However, due to a lack of relevant data, the name of the merged entity and the details about the services it offers cannot be identified at this time. It is worth noting that my training only includes information up to 2024-06, and I may not cover recent mergers.
This merger is a testament to the growing interest in health and fitness, both in the Middle East and globally. As the world continues to grapple with the challenges posed by the pandemic, the need for accessible and personalised health and fitness solutions has never been greater. The merged entity promises to fill this gap, offering a comprehensive solution for users seeking to improve their health and wellbeing.
- The new community-focused powerhouse, founded on the merger of Miran and Welnes, plans to expand its services in the realm of science, particularly in fitness-and-exercise and health-and-wellness, by providing personalized workout routines and diet plans.
- To lead this aspiring global entity in the health and fitness industry, Amr Saleh, the CEO, brings his wealth of experience from both Miran and Welnes, merging businesses in technology and business.
- As the focus on finance and investment grows in the health industry, the merged entity aims to capitalize on its successful fundraising, drawing on investments from Flat6Labs, Samurai Incubate, UI Investments, and several angel investors, consolidating its position in the industry.
