UAE-Based Dukkantek Raises Funds To Accelerate GCC Expansion
Dukkantek, the United Arab Emirates’ revolutionary store management platform has raised $5.2 million to facilitate the expansion of its operations across the GCC. This first round of fundraising will allow the innovative company to continually improve its technology stack, expand the platform’s reach, and serve its ever-growing merchant base. Mariam Kremer, Partner at Global Founders […]
Topics
Dukkantek, the United Arab Emirates’ revolutionary store management platform has raised $5.2 million to facilitate the expansion of its operations across the GCC.
This first round of fundraising will allow the innovative company to continually improve its technology stack, expand the platform’s reach, and serve its ever-growing merchant base.
Mariam Kremer, Partner at Global Founders Capital, said: “Dukkantek’s impressive traction and long-term potential are underpinned by a strong team, a full-stack solution, and a comprehensive offering for the merchants they onboard. We are thrilled to lead this funding round and partner with the Dukkantek team to help make their vision a reality and continue our support for high-growth startups in the MENA region.”
Victoria Grace, Founding Partner of Colle Capital Partners, said: “The adoption and utility of technology in SMB’s across sectors is accelerating rapidly and Dukkantek is at the forefront of this change in the GCC region. With energetic and driven founders, the Dukkantek team has tackled major issues in a severely underserved section of the market and we want to aid in supercharging the growth of their merchant base.”
“Dukkantek’s stellar growth to date underscores both the dire need for platform solutions in the space and the extraordinary strength of their offering. We look forward to leveraging our strategic relationships in the region and beyond to help bring Dukkantek’s technology to those who need it most.”
