Core Insights - Monsha'at, the Small and Medium Enterprises General Authority of Saudi Arabia, led five promising startups to participate in the VivaTech 2025 event in Paris, which is part of the "Saudi Unicorn Companies" initiative aimed at achieving a valuation of over $1 billion for high-potential businesses [1][2] - The event attracted 13,500 startups, 3,200 investors, and over 165,000 attendees, providing a significant platform for Saudi startups to connect with global stakeholders and showcase their success stories [1][2] Group 1 - The participation of Saudi startups at VivaTech 2025 is a key opportunity for them to gain insights into global best practices and expand their networks, aligning with the commitment to foster growth and innovation in the Saudi startup ecosystem [2] - The five showcased startups include Telgani, a digital car rental platform with over 3 million users; Soum, a second-hand sales app with over 6 million downloads; Webook, a digital interaction platform that processed over $500 million in transactions; SiFi, which provides financial solutions to over 500 Saudi businesses; and Rewaa, a retail tech company serving over 7,000 clients [2][3] - The Saudi private sector saw a record 48% quarter-on-quarter increase in business registrations in Q1 2025, reaching a total of 1.68 million active registrations, with significant growth in e-commerce and cloud computing sectors [3]