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
  • Website dokkanafkar.com
  • Social X Facebook
Key Metrics
  • Total Equity Funding
    $7.06M (USD)

    in 3 rounds

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

    Dec 2019

  • Investors
    Mobily

    & 4 more

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 $7.06M
  • Total Rounds 3
  • Last Round Series B β€” $5.06M
  • Investors Count 5

All 3 funding rounds of DokkanAfkar with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Dec 2019$5.06MSeries B–BIAC
May 2017$2MSeed–Riyad TAQNIA Fund
–
Jan 2015–Seed––
Valuation history

5 investors in total: 4 institutional and 1 angel.

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.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
-
–biac.com.sa-
-
–riyadtaqnia.com-
Functions as an investment management company focused on venture capital opportunities.
2009saudi-vc.comRiyadh, Saudi Arabia
Provider of internet, television, and mobile voice services for residential & business sectors
2004mobily.com.saRiyadh, Saudi Arabia

Mishal Ali Reda

-
–unknown_51c3938c8e9f4699a-
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Investor details for DokkanAfkar

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People of DokkanAfkar

2 people are tracked at DokkanAfkar (2 in leadership).

NameRoleGroup
Ammar Waganah
ex-Co-FounderLeadership
Mohamed Nasrallah
ex-Co-FounderLeadership
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Complete people profiles for DokkanAfkar

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Timeline of DokkanAfkar

3 dated milestones of DokkanAfkar across 7 years, from founding to its latest funding, stage changes and deals.

  1. Founded DokkanAfkar is founded.
  2. Funding First funding round.
  3. Funding Latest funding round, Series B, of $5.1M.

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.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
amazon.com1994Seattle, United States$8M1,556,000
Multi-category products are offered through an online marketplace.
paytmmall.com2017Bengaluru, India$816.53M15,176
Multi-category consumer products are offered via an app-based marketplace.
aynma.com2014Riyadh, Saudi Arabia$2.6M–
Online retailer offering multi-category products
aswaq.com1997Riyadh, Saudi Arabia––
Operates an online retail platform offering products in various categories.
souqtime.com2016Riyadh, Saudi Arabia––
Manages an e-commerce platform offering a wide range of consumer products across multiple categories.
matjarkom.com2015Dammam, Saudi Arabia––
Operates an online marketplace for a wide range of consumer products.
nabtah4care.com2021Saudi Arabia––
Operates an online retail platform offering a diverse range of products across various categories.
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Detailed competitors of DokkanAfkar

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Latest news on Dokkanafkar

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Similar companies to DokkanAfkar

10 companies that operate in the same segment as DokkanAfkar (Consumer Electronics E-Commerce), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Digital entertainment, e-commerce, and financial services are provided globally.
2006SingaporeUSD 721.47 MUSD 22.94 B80,700
VR-based head-mounted displays for gaming are provided by Oculus.
2012Menlo Park, California, United StatesUSD 107.05 M––
Refurbished and new gadgets are offered through an online marketplace.
2009Gurugram, Haryana, IndiaUSD 130.05 MUSD 99.25 M1,264
Internet first brand offering wearable breast pumps
2013London, England, United KingdomUSD 157.63 M––
Metabolic health is tracked via devices and fitness platforms.
2019Bengaluru, Karnataka, IndiaUSD 163.28 MUSD 65.48 M274
Multi-category consumer electronics are offered through an internet-first model.
2010Beijing, ChinaUSD 1.45 BUSD 63.71 B43,690
Health-tracking smart rings and biosensors are developed for biometric monitoring.
2013Oulu, North Ostrobothnia, FinlandUSD 1.32 B––
Personal audio products, wearables, and mobile accessories are retailed.
2016Gurugram, Haryana, IndiaUSD 171.3 MUSD 366.28 M471
Smartwatches and fitness trackers are provided for activity monitoring.
2007San Francisco, California, United StatesUSD 65.05 MUSD 3.88–
Energy-efficient ceiling fans and smart home appliances are provided.
2012Mumbai, Maharashtra, IndiaUSD 119.2 MUSD 101.01 M770
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Frequently Asked Questions about DokkanAfkar

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

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

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

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.

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

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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