E-commerce technology startup el-dokan closes $550000 pre-Seed round – Egypt Today

E-commerce technology startup el-dokan closes $550000 pre-Seed round – Egypt Today

CAIRO - 5 September 2022: el-dokan company secured a $550,000 pre-Seed round, led by a cluster of local and regional investors including EFG EV and Flat6Labs, 500 Global and Hala Ventures. According to Flat6Labs, el-dokan enables enterprises and retailers to start their online stores effectively through cloud e-commerce software. The company commented that e-commerce is now an integral part of every retailer’s business strategy, and technology builders and platforms are scrambling to provide retailers with the best technology to help them scale up and optimize their operations. "el-dokan provides e-commerce APIs for large- and medium-sized retailers as well as startups, enabling them to build highly customized and personalized e-commerce stores," it added. Launched in late 2020 in Egypt, el-dokan primarily targets large retailers and chain stores seeking to expand their e-commerce market share, increase sales and operation automation. Utilizing "headless e-commerce technology, el-dokan offers the optimal technology infrastructure that allows tech teams to develop highly customizable e-commerce with maximum flexibility to help businesses respond faster to changing business needs and keep up with the rapid changes in e-commerce. Besides retailers, it also targets software companies and developers that work directly with enterprises looking to build their e-commerce stores in fast