Revora has successfully raised $2 million in a recent seed funding round. Formerly known as MyAlice, the startup is officially rebranding. It now operates as a comprehensive AI operating platform for e-commerce merchants. Yesterday, the company announced this major financial milestone.
i2i Ventures and Oraseya Capital co-led the seed round. Anchorless Bangladesh, Conjunction Capital, F6 Ventures, Hi2 Global, and Orbit Startups also participated. Furthermore, strategic angels joined the round. These included Salman Butt, co-founder of Salla, alongside operators from Bolt, Mubadala, and EY.
Pakistani tech entrepreneur Daniyal Baig and Bangladeshi operations expert Shuvo Rahman co-founded the company. Together, they will use this capital to drive growth and further develop their core product.
Revora Revolutionizing Omnichannel Sales
Revora acts as a central operational hub for online businesses. The platform deploys advanced AI agents to handle customer support. Moreover, these agents actively recommend products, recover abandoned carts, and directly close sales. They execute these tasks inside ongoing conversations across WhatsApp, Instagram, and brand websites.
Interestingly, the AI interacts and processes payments entirely in the customer’s local dialect. This localized approach delivers immediate results. Consequently, brands using Revora’s AI-led campaigns report a solid 15% to 20% increase in revenue.
The platform also converts merchant product catalogues into clean, structured data. Therefore, products easily integrate into a larger “commerce graph” built for global AI shopping agents. Co-founder Shuvo Rahman emphasized this long-term vision. He stated:
We’re building Revora on one bet: that the businesses winning the next decade are the ones an AI can understand, represent, and sell for.
Hyper-Growth in Saudi Arabia
Currently, Revora operates in over 21 countries. However, Saudi Arabia currently stands as its largest and fastest-growing market. In fact, the company has seen its own revenue multiply by 10x since it shifted focus to Saudi Arabia and the GCC in late 2024. Therefore, the startup will primarily deploy the new funds to deepen its presence in this profitable region.
Daniyal Baig brings over 12 years of MENA region experience to the venture. He previously served as the COO of Forbes Middle East. For Baig, client success heavily outweighs the funding news. He explained:
The signal that matters most to us isn’t the funding. It’s that merchants using Revora are generating real revenue from it.
Strong Investor Confidence
Investors clearly see massive potential in this cross-border synergy. Kalsoom Lakhani, Co-founder of i2i Ventures, strongly praised the team. She stated they built a product that cuts through the current AI noise and delivers tangible value today.
Similarly, Rahat Ahmed of Anchorless Bangladesh highlighted the underlying regional talent. “Revora is precisely what talent in Bangladesh and Pakistan looks like when backed with conviction,” he remarked. Finally, Omar Khan of Oraseya Capital emphasized their support for Revora’s mission to improve both operational and customer outcomes for modern merchants.
