DokkanAfkar

Jeddah, Saudi Arabia Founded: 2012 • Age: 14 yrs
Manages an e-commerce store offering multi-category consumer products.

About DokkanAfkar

DokkanAfkar is a company based in Jeddah (Saudi Arabia) founded in 2012 by Ammar Waganah and Mohamed Nasrallah. It operates as a B2C. DokkanAfkar has raised $7.06 million across 3 funding rounds from investors including Mobily, BIAC and Riyad TAQNIA Fund. DokkanAfkar operates in a competitive market with competitors including Amazon, Paytm Mall, Aynma, Aswaq and SouqTime, among others.

  • Headquarter Jeddah, Saudi Arabia
  • Founders Ammar Waganah, Mohamed Nasrallah
  • Sectors
    Retail
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Retail → E-Commerce Platforms & Marketplaces
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $7.06 M (USD)

    in 3 rounds

  • Latest Funding Round
    $5.06 M (USD), Series B

    Dec 10, 2019

  • Investors
    Mobily

    & 4 more

  • Employee Count
    Employee Count
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Funding Insights of DokkanAfkar

DokkanAfkar has successfully raised a total of $7.06M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $5.06 million completed in December 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 3
  • Last Round Series B — $5.1M
  • First Round
  • Investors Count 5
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2019 Amount Series B - DokkanAfkar Valuation BIAC
May, 2017 Amount Seed - DokkanAfkar Valuation Riyad TAQNIA Fund
Jan, 2015 Amount Seed - DokkanAfkar Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in DokkanAfkar

DokkanAfkar has secured backing from 5 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Mobily, BIAC and Riyad TAQNIA Fund. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
-
Founded Year Domain Location
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Founded Year Domain Location
Functions as an investment management company focused on venture capital opportunities.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by DokkanAfkar

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - DokkanAfkar

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Dokkanafkar Comparisons

Employees
+
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Competitors of DokkanAfkar

DokkanAfkar operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Amazon, Paytm Mall, Aynma, Aswaq and SouqTime, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multi-category products are offered through an online marketplace.
domain founded_year HQ Location
Multi-category consumer products are offered via an app-based marketplace.
domain founded_year HQ Location
Online retailer offering multi-category products
domain founded_year HQ Location
Operates an online retail platform offering products in various categories.
domain founded_year HQ Location
Manages an e-commerce platform offering a wide range of consumer products across multiple categories.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Dokkanafkar

Frequently Asked Questions about DokkanAfkar

When was DokkanAfkar founded?

DokkanAfkar was founded in 2012 and raised its 1st funding round 3 years after it was founded.

Where is DokkanAfkar located?

DokkanAfkar is headquartered in Jeddah, Saudi Arabia. It is registered at Jeddah, Makkah Region, Saudi Arabia.

Is DokkanAfkar a funded company?

DokkanAfkar is a funded company, having raised a total of $7.06M across 3 funding rounds to date.

What does DokkanAfkar do?

DokkanAfkar, led by Ammar Waganah as ex-Co-Founder, Mohamed Nasrallah as ex-Co-Founder, specializes in engaging in retail operations, operating online marketplaces, online stores, and consumer products. Manages an e-commerce store offering multi-category consumer products. The team drives innovation, quality service, and sustainable practices to achieve excellence and client satisfaction.

Who are the top competitors of DokkanAfkar?

DokkanAfkar's top competitors include Amazon, Paytm Mall and Aynma.

Who are DokkanAfkar's investors?

DokkanAfkar has 5 investors. Key investors include Mobily, BIAC, Riyad TAQNIA Fund, Saudi Venture Capital Investment Company, and Mishal Ali Reda.

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