GROCART

Dubai, United Arab Emirates Founded: 2020 • Age: 6 yrs Acquired By InstaShop
Wholesale food and grocery services are provided in the UAE.
Annual revenue - Latest available
Total funding - 1 rounds
Employees - Tracked headcount
Investors 3 Known backers
Products - Services tracked
Competitors - Brand Intelligence

About GROCART

GROCART was established in 2020 in Dubai, United Arab Emirates, within the wholesale food and grocery sector. Services encompassing distribution and supply of food and grocery products are offered to businesses. Operations are centered in the UAE, supporting regional wholesale needs. The company was founded by Hussein M Hosni, with Nesma Zaghow serving as co-founder. Focus remains on efficient supply chain solutions for the local market.

  • Headquarter Dubai, United Arab Emirates
  • Founders Nesma Zaghow, Hussein M Hosni
  • Sectors
    Consumer
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Consumer → Food & Beverage Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Latest Funding Round
    Not available
  • Investors
    InstaShop

    & 2 more

  • Employee Count
    Not available
  • Acquired by
    InstaShop

    (Jun 19, 2023)

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Funding Insights of GROCART

Investors in GROCART

GROCART has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include InstaShop, Sheraa and Crescent Enterprises.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Incubator firm for seed & series A startups
Locked Locked Locked
Services across port management, logistics, aviation and procurement and construction industry
Locked Locked Locked
Multi-category grocery products are sold via an online platform.
Locked Locked Locked
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Investor details for GROCART

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Investments & Acquisitions by GROCART

Investments
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Investment portfolio details for GROCART

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Financial Statements - GROCART

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Detailed financials for GROCART

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Grocart Comparisons

GROCART Primary company
Description
Wholesale food and grocery services are provided in the UAE.
Location
Dubai, United Arab Emirates
Founded Year
2020
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for GROCART

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Competitors of GROCART

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Detailed competitors of GROCART

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Latest news on Grocart

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Complete news archive for GROCART

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Frequently Asked Questions about GROCART

GROCART was founded in 2020.

GROCART is headquartered in Dubai, United Arab Emirates. It is registered at Dubai, Dubai, United Arab Emirates.

GROCART was established in 2020 in Dubai, United Arab Emirates, within the wholesale food and grocery sector. Services encompassing distribution and supply of food and grocery products are offered to businesses. Operations are centered in the UAE, supporting regional wholesale needs. The company was founded by Hussein M Hosni, with Nesma Zaghow serving as co-founder. Focus remains on efficient supply chain solutions for the local market.

GROCART has 3 investors. Key investors include InstaShop, Sheraa, and Crescent Enterprises.

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