About Sukar
Sukar is a company based in Dubai (United Arab Emirates) founded in 2010 was acquired by Souq in April 2012.. Sukar operates in a competitive market with competitors including Amazon, noon, Paytm Mall, Yallamarket and Wadi, among others.
- Headquarter Dubai, United Arab Emirates
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Sectors
Retail
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Phone
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Website
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Social
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Funding Insights of Sukar
| 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 Sukar
Sukar has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Amazon. 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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Multi-category products are sold via an online marketplace platform.
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Founded Year | Domain | Location |
| Investor | Description | 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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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Sukar
| 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 - Sukar
| 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 |
Sukar Comparisons
Competitors of Sukar
Sukar 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, noon, Paytm Mall, Yallamarket and Wadi, 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.
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| domain | founded_year | HQ Location |
Multi-category consumer products are sold via an online marketplace platform.
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| domain | founded_year | HQ Location |
Multi-category consumer products are offered via an app-based marketplace.
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| domain | founded_year | HQ Location |
Multi-category grocery products are offered via an online platform.
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| domain | founded_year | HQ Location |
Online horizontal marketplace is operated for Middle Eastern countries.
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| domain | founded_year | HQ Location |
An online retail platform providing products across various categories.
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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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Frequently Asked Questions about Sukar
When was Sukar founded?
Sukar was founded in 2010.
Where is Sukar located?
Sukar is headquartered in Dubai, United Arab Emirates. It is registered at Dubai, Dubai, United Arab Emirates.
What does Sukar do?
Sukar.com is a online private shopping club in the Middle East. Sukar offers its members exclusive access to exclusive deals over 700 of the worlds top designer fashion and lifestyle brands in the womens, mens, childrens, beauty, gadgets, and home fashion categories at up to 90 off retail prices. Sukar.com is an invitation-only club operating across nine countries, including the GCC, Jordan, Lebanon and Egypt. Sukar.com is part of Souq.com group of companies.
Who are the top competitors of Sukar?
Sukar's top competitors include Amazon, noon and Paytm Mall.
Who are Sukar's investors?
Sukar has 1 investor. Key investors include Amazon.
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