Subscribe to Our Newsletter

Success! Now Check Your Email

To complete Subscribe, click the confirmation link in your inbox. If it doesn't arrive within 3 minutes, check your spam folder.

Ok, Thanks

UAE-based Dukkantek raises $5.2 million to boost online store management

Dukkantek, a UAE-based online store management platform has raised $5.2 million in its seed funding round led by Global Founders Capital. * The firm will use the fund to expand its presence in the GCC areas, advance its technology stack and better serve its customer base. * Dukkantek uses a cloud-based

Oluwajuwonlo Afolabi profile image
by Oluwajuwonlo Afolabi
UAE-based Dukkantek raises $5.2 million to boost online store management
Photo by Nathan Dumlao / Unsplash

Dukkantek, a UAE-based online store management platform has raised $5.2 million in its seed funding round led by Global Founders Capital.

  • The firm will use the fund to expand its presence in the GCC areas, advance its technology stack and better serve its customer base.
  • Dukkantek uses a cloud-based POS system accessible online for traditional merchants to monitor transactions and sales, calculate VAT, generate reports, and, calculate profit margin.
  • It offers Cloud Inventory Management (CIM) for merchants to track stock, manage stock value, organize inventories, and manage fast-moving products.
  • Colle Capital Partners, Wamda Capital, Plug and Play, and Comma Capital among others invested in the round.
Oluwajuwonlo Afolabi profile image
by Oluwajuwonlo Afolabi

Subscribe to Techloy.com

Get the latest information about companies, products, careers, and funding in the technology industry across emerging markets globally.

Success! Now Check Your Email

To complete Subscribe, click the confirmation link in your inbox. If it doesn’t arrive within 3 minutes, check your spam folder.

Ok, Thanks

Read More