Tel Aviv Capital signed a franchise agreement with Zolak

TEL AVIV, Israel - Aug. 23, 2024 - PRLog -- The holding company Tel Aviv Capital, which is under the control of businessman Uri Shmueli, announced this morning that it signed a franchise agreement with the technology company Zolak, which develops AI solutions for the retail furniture industry
Zolak develops platforms for creating retail and e-commerce experiences in the furniture industry using 3D technologies, augmented reality (AR) and artificial intelligence.

The technology developed by Zolak helps furniture brands create virtual showrooms, improve customer engagement in the purchase process and increase sales.

The franchise agreement was signed through the subsidiary TLV Digital, which specializes in the exclusive representation in Israel of European technology companies with an emphasis on the Baltic countries.

Yoav Bar Nov CEO of TLV Digital: "Zolak is a pioneering company in the field of Design-Tech that allows customers to tour a virtual showroom and do it from the armchair at home. Since the war of iron swords broke out, the furniture industry has recorded a sharp decrease of 75% in sales, both as a result of intermittent closures of shopping centers and as a result of a steep decline in demand influenced by the national mood, through the new technology we will try to help retailers to return and prosper."

https://www.funder.co.il/article/167802