About El Grocer
El Grocer is a company based in Dubai (United Arab Emirates) founded in 2015 was acquired by Etisalat in November 2021.. El Grocer offers products and services including Grocery Shopping App and Online Delivery Platform. El Grocer operates in a competitive market with competitors including Deliveroo, InstaShop, QualityFood, Labaiik and Maison Duffour, among others.
- Headquarter Dubai, United Arab Emirates
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Sectors
Retail
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Etisalat
(Nov 18, 2021)
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Products & Services of El Grocer
El Grocer offers a comprehensive portfolio of products and services, including Grocery Shopping App and Online Delivery Platform. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
App for ordering and delivering groceries quickly to users.
Platform that facilitates fast grocery delivery across UAE locations.
Funding Insights of El Grocer
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in El Grocer
El Grocer has secured backing from 1 investor. Prominent investors backing the company include e& (etisalat and). 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.
| Investor | Description | Founded Year | Domain | Location |
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A global technology group focused on telecommunications and digital solutions.
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Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by El Grocer
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - El Grocer
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
El Grocer Comparisons
Competitors of El Grocer
El Grocer 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 Deliveroo, InstaShop, QualityFood, Labaiik and Maison Duffour, 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 |
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| domain | founded_year | HQ Location |
Platform offering food and grocery delivery services
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Multi-category grocery products are sold via an online platform.
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Operates a digital marketplace for grocery products.
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| domain | founded_year | HQ Location |
Offers grocery and food supplies via an online platform.
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| domain | founded_year | HQ Location |
Multi-category grocery supplies are provided via an online platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on El Grocer
Frequently Asked Questions about El Grocer
When was El Grocer founded?
El Grocer was founded in 2015.
Where is El Grocer located?
El Grocer is headquartered in Dubai, United Arab Emirates. It is registered at Dubai, Dubai, United Arab Emirates.
What does El Grocer do?
El Grocer was founded in 2015 in Dubai, United Arab Emirates, as an on-demand grocery delivery platform. Operations are centered in the retail technology sector, where users are enabled to purchase items individually or from entire shops via the app. Products are offered without markup, and delivery is provided for free in most instances, typically within one hour from nearby stores.
Who are the top competitors of El Grocer?
El Grocer's top competitors include Deliveroo, InstaShop and Maison Duffour.
What products or services does El Grocer offer?
El Grocer offers Grocery Shopping App and Online Delivery Platform.
Who are El Grocer's investors?
El Grocer has 1 investor. Key investors include e& (etisalat and).
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