Kuwait’s Yahaal raises investment for its baby products ecommerce platform

  • Date: 29-Nov-2020
  • Source: MENAbytes
  • Sector:Retail
  • Country:Kuwait
  • Who else needs to know?

Kuwait’s Yahaal raises investment for its baby products ecommerce platform

Yahaal, a Kuwaiti ecommerce platform for baby products has raised an undisclosed amount of investment in a Series A round, it announced in a statement to MENAbytes last week.

The story has been covered by different outlets in the region (including The Roundup) saying that the Kuwaiti startup has raised $27 million in this round – which is not true. The $27 million part in Yahaal's press release that it sent out to news outlets refers to the valuation of the startup, not the amount of money it has raised, it told MENAbytes. It is not disclosing the size of the investment. The money came from Kuwait-based VC Seeds Partners and AlMutamaiz International Company.

Founded in 2017 by Ali AlZankawi, Yahaal is a mobile-only ecommerce platform selling baby products, ranging from diapers and food to toys and gear. The startup has its own last-mile delivery fleet, enabling it to offer delivery as quick as 30 minutes in some areas of Kuwait, it told MENAbytes. Yahaal also said that in-house delivery solutions have also helped it improve the order support, route planning, and operational performance.

Its Android app has been downloaded over 10,000 times and apparently, the number of iOS app downloads are also in