YallaMart an ecommerce platform with 15-minute delivery system, is raising $10M supported by FasterCapital


Posted October 12, 2024 by FasterCapital

Mr. Hesham Zreik, CEO of FasterCapital, comments, “YallaMart is an interesting investment opportunity that we will be glad to introduce to our investors’ network.

 
Yallamart Dubai aims to ensure that customers have an improved grocery delivery experience that is above-market competitors. After thorough research into the grocery delivery market in not only the UAE, but the entire GCC region the team understands that customers are looking for fast, efficient, and environmentally friendly delivery above all else. This is why YallaMart focuses on providing a free 15-minute delivery service.

YallaMart has already achieved success in Russia and is now operating in Dubai, United Arab Emirates, and is planning to grow into other GCC countries. The startup is founded by Leo Dovbenko and is backed by a team of eCommerce professionals who have extensive expertise in the market. The startup has recently joined FasterCapital’s Raise Capital program seeking a capital of $2M for its third round since launch.

Mr. Hesham Zreik, CEO of FasterCapital, comments, “YallaMart is an interesting investment opportunity that we will be glad to introduce to our investors’ network. Customers in the E-commerce market need new solutions that actually solve their everyday problems instead of new brands that are not creating real value.”
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Issued By FasterCapital
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Categories Business , Finance , Industry
Last Updated October 12, 2024