New post Need visibility? Apply for a FREE post for your Startup.  Apply Here

FeaturedForeign startupsNow you knowRandom

Dubai Based YallaHub Raises $6M In Pre-Series A Funding

2 Mins read

Dubai-based marketplace aggregator, YallaHub equips its clients with an arsenal of marketing tools and facilitates e-commerce setup and payment gateway rental, providing a seamless and comprehensive e-commerce experience. YallaHub all-encompassing approach has garnered significant attention, making them a preferred choice for businesses of all sizes – from small enterprises to medium-sized ventures and even large corporations.

One of YallaHub’s key strengths lies in the impressive roster of brands it has already introduced to the UAE market. The marketplace aggregator has successfully onboarded over 80 brands, spanning various industries, including the prominent global health food brand Vkusvill. By leveraging its platform, these brands gain a single entry point into the GCC market, simplifying the complex process of entering multiple markets. YallaHub’s innovative solution not only streamlines operations but also enables brands to conduct omnichannel sales simultaneously, tapping into numerous aggregators and marketplaces like Noon, Careem, Amazon, Deliveroo, NowNow, e-commerce platforms, and even their own sales channels – all powered by YallaWeb and Shopify integrations.

YallaHub has poll successfully raised $6 million in Pre-Series A funding in a recent investment round led by MENA-focused private investors, including Fedor Ovchinnikov and Regolith, among others. The funds secured in this round are earmarked for several key initiatives, including further refining their IT platform for order aggregation and expanding their network of partner marketplaces. Additionally, YallaHub has ambitious plans to accelerate its expansion into the lucrative markets of Saudi Arabia and Qatar in the near future.

Leo Dovbenko and Stas Seleznev, the visionary entrepreneurs behind YallaHub, founded the company in 2021. Their revolutionary concept seeks to create the Middle East and North Africa (MENA) region’s first-ever B2B2C e-commerce aggregator, a platform that integrates various market players into a single, scalable tech ecosystem. By offering a monthly membership subscription, YallaHub provides an extensive array of products and services designed to empower brands to boost their online sales significantly. Among these offerings are comprehensive solutions for registration and licensing services, export and import assistance, storage and fulfillment, and fast delivery within an impressive time frame of 15-90 minutes.

The $6 million funding injection will enable YallaHub to further strengthen its IT platform and enhance the user experience for both buyers and sellers. They plan to invest in cutting-edge technology that will bolster their order aggregation capabilities, ensuring smooth and efficient transactions within their ecosystem. Additionally, with an eye on future growth, YallaHub intends to expand its network of partner marketplaces, creating more opportunities for businesses to tap into new markets seamlessly.

One of the most exciting aspects of YallaHub’s expansion strategy is its focus on the Saudi Arabian and Qatari markets. Both these countries hold immense potential for e-commerce growth, and YallaHub aims to capitalize on this opportunity. By establishing a strong presence in these markets, YallaHub will be strategically positioned to cater to the needs of businesses aiming to tap into the region’s rising consumer base and increasing e-commerce demand.

YallaHub’s comprehensive approach to e-commerce aggregation is setting new industry standards and revolutionizing the way businesses operate in the MENA region. Its unique value proposition has attracted the attention of private investors and businesses alike, making it a preferred choice for e-commerce expansion in the region.

As I conclude, YallaHub’s recent successful funding round has invariably provided the company with the financial resources to expand and enhance its groundbreaking e-commerce aggregation platform. With the support of MENA-focused private investors, YallaHub is well-positioned to refine its IT platform, expand its network of partner marketplaces, and accelerate its expansion into the dynamic markets of Saudi Arabia and Qatar. As YallaHub continues to lead the charge in MENA’s e-commerce revolution, it is transforming the way businesses approach online sales, providing a seamless and comprehensive solution that empowers brands to thrive in the fast-paced world of e-commerce. With its visionary founders at the helm and a forward-looking growth strategy, YallaHub is poised to make a lasting impact on the e-commerce landscape in the MENA region.

Don’t miss any tech news ever!

We don’t spam! Read our privacy policy for more info.

359 posts

About author
We are the same, we may only be different in our experiences, values and exposures. Technology is a big part of my experience, learning is one of my values and writing my credible means of exposure.
Related posts

Electric Revolution: Powering A Cleaner World

2 Mins read
If you noticed there seems to be a unprecedented shift from the normal to what we have accepted as the new normal….
ArticleArtificial IntelligenceRandom

The Wall-Climbing Robots: An Evolution For Infrastructural Inspection

2 Mins read
For decades, inspecting aging infrastructures especially high rise structures has been a slow, perilous, and costly endeavor. Traditional methods, such as scaffolding,…
ArticleArtificial IntelligenceRandom

Google I/O 2024: A Glimpse Into The Future With AI

2 Mins read
Google’s annual developer conference, Google I/O, concluded recently, leaving an imprint of excitement in its wake. This year’s event was no different,…
Newsletter Subscription

🤞 Don’t miss any update!

We don’t spam! Read more in our privacy policy

Join our Telegram channel here -

Leave a Reply