Dubai’s Opontia raises $20 million seed to acquire and grow ecommerce brands in Middle East & Africa

  • Date: 04-Jun-2021
  • Source: MENAbytes
  • Sector:Retail
  • Country:UAE
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Dubai’s Opontia raises $20 million seed to acquire and grow ecommerce brands in Middle East & Africa

Opontia, a Dubai-headquartered startup that wants to acquire and grow ecommerce brands has raised $20 million in debt and equity in a seed round from Global Founders Capital, Presight Capital, Raed Ventures, Kingsway Capital. Some high profile angel investors, including Daraz's former CEO and Jumia co-founder Jonathan Doerr, Tabby's CEO Hossam Arab (who was previously [“¦]

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