Be tenacious. Sprii’s founder and CEO Sarah Jones wrote a letter earlier today to different stakeholders informing them about the decision. SHARE. Never one to rest on her laurels, in 2016, Sarah turned her attention to growing the brand portfolio to include- “At Home” and Pre/Post Pregnancy “Get Fit” categories, thus paving the way for Mini Exchange to evolve and become the destination providing Everything For Mums. For more information visit: www.sprii.com, Site map | Cookie policy | © 2019 Naseba, DIGITAL TRANSFORMATION & CYBER DEFENCE SUMMIT MIDDLE EAST 2019. ‘A true entrepreneur is a doer, not a dreamer’. GCC. Have you found it to be more difficult being a female entrepreneur? June 21, 2018. Jessica Hill. Sprii is an online marketplace which connects mums to global brands. The fundraising follows the company’s successful debut into Saudi Arabia earlier this … This excitement has carried through to today. Trying to run a business, and a business that’s growing fast, at the same time as raising funds - that’s a challenge for any entrepreneur. Consumers will always enjoy going to the physical shops to see and feel the products and enjoy the experience, too. What more needs to be done in the UAE start-up space to support SMEs? It does not manage inventories directly, instead the site connects directly to partner inventory and provides customer support. Sprii chief Sarah Jones is living proof of this. How challenging is it to raise funds in the region? Focusing on customer experience through the use of technology has been key in scaling as quickly as we have done. The product mix that mums are searching for on a daily basis is almost unlimited. Dubai-based Sprii.com raises $8.5m in latest funding round. Sprii chief Sarah Jones is living proof of this. Sprii’s founder and CEO Sarah Jones wrote a letter to stakeholders informing them about the decision. Founded in 2014 by Sarah Jones, Sprii has grown to become the go-to destination for expectant parents in Dubai and the Middle East. The sole founder of Sprii, Sarah has persevered to help the ecommerce platform … She started the online store in the year 2014 with the aim of making Sprii a go-to … What I do: I am the CEO and Founder of Sprii.com, an online shopping hub that’s on a mission to provide ‘Everything for Mums’ across the Middle East. CEO & Founder, Spriii . However, over the last two to three years a lot has changed, and it’s become an incredibly supportive and collaborative country to scale a business. Sha has been the recipient of many awards since the business launched including Small Business CEO of the Year Award, a listing in Arabian Business’s 50 Most Influential Brits in the UAE, Bitten by the bug at just 14, Sarah set up a profitable eBay business importing items from across the globe and selling in the UK, igniting a love for e-commerce and developing an acute business mind in the process. Sarah Jones set up the online exchange platform for parents, Sprii.com, in 2014. Which is where the Mini Exchange story really begins, and to a point, where Sarah the CEO figure emerges. More and more consumers are going online to compare prices as well as having the convenience of items being delivered. Spotting a gap in the e-commerce market on arrival, she quickly secured funding to make her idea a reality and Sprii was born. Sprii was founded in 2014 by entrepreneur, Sarah Jones. From strollers to diapers and maternity wear to nursery furniture and decor, Sprii’s web and mobile-based marketplace, as the startup claims, sells everything for mums. I much prefer fun pursuits like paddle tennis and wakeboarding than fitness classes to be honest. A natural extension for the online portal, a brand refresh followed in early 2017 to establish this as the core proposition of the business, focusing on top categories and products required by the modern mummy. #17 – Sprii. In a letter to suppliers, CEO Sarah Jones says the move comes after a failure to raise further capital and an unsuccessful campaign to sell the business Sprii UAE, one of the biggest online shopping platforms “offering everything for mums in Dubai and … If you end up being an entrepreneur, you were probably born with it in your DNA. These kinds of activities also clear my mind. All Rights Reserved. Photo: courtesy of Sarah Jones. We’ve been incredibly fortunate to raise substantial sums from both here and Europe. When Sprii launched a few years ago, the landscape for SMEs was very different to what it is today. Latest Sprii Coupons, Promo Codes & Offers. Bitten by the entrepreneurial bug at just 14, Jones set up an eBay business importing items from across the globe and selling them in the UK, igniting a love for e-commerce. Be focused. Company set-up was harder and more costly, there were less service providers whether that be legal, payment gateways or logistics. Don’t settle for less than what you want. Keep supporting great journalism by turning off your ad blocker. Are you a believer that malls will eventually be extinct? © 2021 ITP Media Group. Be passionate. It’s a huge market and one that is shifting online. At Deloitte I came across a number of businesses in the e-commerce space and found that in the “mums” vertical there were limited options and a lack of availability of international products in the Middle East market. {{profile.first_name}} {{profile.last_name}}, Arabian Business: why we're going behind a paywall, Majority of UAE entrepreneurs say banking is the biggest challenge, Emirati entrepreneurs open first coffee shop in Dubai, India says to showcase innovation, start-ups at Dubai Expo 2020, 50 Coders graduates get chance to launch start-ups, Business advice for up-and-coming entrepreneurs in the Middle East, Entrepreneur of the Week: Dawaami's Kamal Al Samarrai. Described by her friends, as “a relentless enterprise of fresh ideas and innovations” she’s never lost the thirst for clinching a business deal first hand and is a self-confessed workaholic. Checkout Barakatalan for Additional Sprii Discount Codes, Voucher Codes, and Deals. Her placement at Deloitte London in the retail M&A team led to an international secondment in the Middle East just a few years later. Her phone is never off, her mind is always active and her passion to drive the business forward is unrivaled. Bitten by the bug at just 14, Sarah set up a profitable eBay business importing items from across the globe and selling in the UK, igniting a love for eCommerce and developing an acute business mind in the process. Sarah Jones, Founder & CEO, Sprii: Fundraising is a full-time job. If you are passionate and are prepared to work incredibly hard, then that earns the respect of everyone you interact with; be it a potential business investor or your colleagues and peers. Menabytes cited a letter from founder and CEO Sarah Jones who said: “As a result of our inability to raise further capital to support the ongoing trading of Sprii, coupled with the conclusion of an unsuccessful campaign to sell the business, I have been forced to take significant steps that … “The first six months of 2019 have exceeded our expectations,” said Sarah Jones, founder of Sprii. Founded in 2015 by Sarah Jones, UAE’s Sprii offers a wide selection of everything a parent might need, including clothing, accessories, toys and appliances. June 21, 2018. What are the biggest challenges you face? Sprii UAE, one of the biggest online shopping platforms “offering everything for mums in Dubai and the Middle East” has been placed in liquidation. Be tenacious. Sprii has hired Guy Wall of Grant Thornton as liquidator. Sprii has been at the forefront of catering to everything for mothers.The Company pioneered the idea of providing everything for mothers. Be focused. Sprii.com chief Sarah Jones is living proof of this. We have also more than quadrupled our technology team in the last three months, so we have a lot of very exciting developments that are going to be launched in the next six months, such as same-day delivery. Overview; E-commerce market is a growing opportunity. The founder of e-commerce site for mums recalls how the business bug caught her at a young age. Anyone that tells you otherwise, probably isn’t telling the truth! It’s an exciting time. Entrepreneur Sarah Jones, of Sprii.com, says the experience gave her a sense of independence she never wanted to give up. “A true entrepreneur is a doer, not a dreamer”. E-commerce platform Sprii.com has raised a further $8.5 million in funding, as it accelerates its expansion across the Middle East and invests in new technology and recruitment to further enhance their customers’ experience. 2016 proved equally successful, winning ‘Online Business of the Year Award’ at the Gulf Capital SME Awards and appearing on Forbes Middle East’s ’50 Of The Most Promising Start Ups’ list. “A true entrepreneur is a doer, not a dreamer”. Sarah Jones is living proof of this. Four years later, an economics degree at Edinburgh University heightened Jones’s financial acumen and competitive nature. It was founded in 2015 by British entrepreneur Sarah Jones who previously worked … The tagline of the online store, ‘Everything for Mums’ expresses the business objective of Sprii quite clearly. Sprii chief Sarah Jones is living proof of this. For me, it wasn’t about making money, it was about “doing business” and from a very young age I loved the thrill of buying and selling and eBay gave me the platform to start. Sarah Jones. Making sure you’re planning your hiring and technology automation well in advance is crucial. The E-commerce industry in the Gulf Cooperation Council (GCC) countries is one of the most attractive growth opportunities in the world at the moment. Sprii is an online shopping destination in the Middle East for Mums. Bitten by the entrepreneurial bug at just 14, Jones set up an eBay business importing items from across the globe and selling them in the UK, igniting a love for e-commerce. Sarah Jones is the Founder & CEO of Sprii.com, an award-winning online shopping destination in the GCC providing ‘Everything for Mums’. Scaling incredibly quickly always creates challenges as one needs to maintain the same customer experience whether you have 10 orders a day or 10,000. Sprii.com CEO Sarah Jones The marketplace now features more than 850 brands and 44,000 products Have you ever shopped online, say from eBay, to sell it online, on eBay itself - for a profit? Sarah Jones, CEO, Sprii; Elie El Tom, CEO, YallaPickUp “With ecommerce sales hitting an all time high and the future looking replete with even better opportunities, this is perhaps the most exciting time for the regional ecommerce industry. Bitten by the bug at just 14, Sarah set up a profitable eBay business importing items from across the globe and selling in the UK, igniting a love for e-commerce and developing an acute business mind in the process. Sarah Jones, founder of Dubai-based e-tailer Sprii, shares her UAE insider knowledge. Sarah Jones | Sprii. Don’t settle for anything less than what you want”. It’s also a challenge for the malls to maintain the prices that the online world can deliver with their heavy rents and, in a vertical like ours where mums are stretched for time, online is going to be a game-changer as it’s never a fun experience dragging kids around the malls to scour out daily essentials. Interview for RAKBANK with Sarah Jones, Founder of Sprii.com, from the series SHE MEANS BUSINESS! Sarah Jones. Sprii is an online marketplace which connects mums to their favourite global brands. Sarah Jones Sarah Jones is the CEO and co-founder of Sprii.com, an online parenting store that provides everything for mothers – from the latest pregnancy products, baby essentials, prenatal yoga kits, up to creating fun family moments together in the kitchen. Founded by Sarah Jones in 2014, Sprii.com is an award-winning online shopping destination in the GCC providing ‘Everything for Mums’. Sarah Jones, Founder of Sprii.com. 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