UAE retail tech startup raises $10 million – ITP.net

UAE retail tech startup raises $10 million – ITP.net

UAE-based Dukkantek, retail tech startup, built on cloud based retail management platform, has raised $10 million pre-Series A funding round. The funding will go towards powering the digital ecosystem for 13 million SMB retailers across the UAE, Oman, Qatar, Kuwait, Bahrain, Turkey, Saudi Arabia and search for opportunities in North Africa.

Dukkantek was born entirely bootstrapped by three Co-Founders, Sanad Yaghi, Shadi Joulani and Ali Alsayegh, in January 2021 to enable traditional merchants to compete in the evolving digital world.