Dukkantek expands to six new markets

Dukkantek expands to six new markets

UAE-based store management platform Dukkantek, has expanded to six additional markets besides the UAE, including Kuwait, Qatar, Bahrain, Saudi Arabia, Oman, and Turkey, after raising a Seed round of $5.2 million in March.

Founded in January 2021 by Ali Alsayegh, Sanad Yaghi and Shadi Joulani, Dukkantek offers in-store boxes fitted with a POS system that can be accessed online, helping merchants to keep track of transactions, monitor sales, calculate VAT, generate reports, and calculate profit margin.

The funding has further assisted Dukkantek’s plans to improve its technology stack, expanded the platform's reach, and served its ever-growing merchant base.

The round was led by Global Founders Capital, with participation from Colle Capital Partners, Wamda, Plug and Play, and Comma Capital, alongside other investors including Nowais Capital, Annex Investments, and AMK Investment Office.

Press release:

In response to the increase in demand, and after a recent influx of $5.2 million in funding, Dukkantek, the UAE’s first revolutionary store management platform, has officially announced its expansion into six additional markets; Kuwait, Qatar, Bahrain, Saudi Arabia, Oman, and Turkey. Not only has the funding facilitated Dukkantek’s plans to expand efficiently, but it further assisted the improvement of its technology stack, expanded the platform's reach, and served its ever-growing merchant