GCC countries are actively working to diversify their economies and promote sustainable growth. Whether in Abu Dhabi, Riyadh or Doha, governments are fostering the development of small and medium-sized enterprises (SMEs) as a cornerstone of their economic future.
As the UAE’s SME sector experiences unprecedented expansion, Bidzi has unveiled its innovative platform designed to streamline the mergers and acquisitions (M&A) process for this vital segment of the economy.
“Our mission is to make the M&A process accessible and efficient for SMEs, which are crucial to the UAE’s economic vitality,” said Akshay Dosaj, co-founder and CEO of Bidzi.
“Bidzi’s platform removes the complexities and barriers traditionally associated with M&A transactions, providing a transparent, secure, and seamless experience that empowers businesses to make informed decisions.”
The all-in-one M&A solutions provider offers a comprehensive solution that simplifies and secures the transaction process, addressing significant gaps in traditional dealmaking services.
With the number of SMEs in the UAE expected to reach one million by 2030, Bidzi’s entry into the market is pivotal. SMEs constitute more than 90 per cent of businesses in the country.
Bidzi’s innovative approach
Bidzi is set to transform the M&A landscape with its platform that integrates a full suite of services into a single, user-friendly interface. The platform provides end-to-end solutions, including business valuations, marketing, buyer matching, due diligence, legal support and secure closings facilitated through trusted escrow services.
By consolidating these services, Bidzi addresses common challenges in the M&A process, such as high costs and fragmented service models, offering SMEs a comprehensive, streamlined, and cost-effective alternative.