The Sultan Center

Kuwait City, Kuwait Founded: 1981 • Age: 45 yrs
Multi-category grocery products are retailed online in Kuwait.
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About The Sultan Center

The Sultan Center is a company based in Kuwait City (Kuwait) founded in 1981 by Jamil Sultan.. The Sultan Center operates in a competitive market with competitors including Deliveroo, Delivery Hero, GetDukan, Maqadhe and Drops Group Holding, among others.

  • Headquarter Kuwait City, Kuwait
  • Founders Jamil Sultan
  • Sectors
    Retail
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Retail → E-Commerce Platforms & Marketplaces
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $31.39 M (USD), Post-IPO

    May 13, 2023

  • Investors
  • Employee Count
    Employee Count
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People of The Sultan Center
Headcount 1000-5000
Employee Profiles 32
Employee Profiles
People
Nishad Raja
IT Specialist
People
Sherin Nishad
Import Export Specialist
People
Firas Haidar
Senior Category Manager
People
Endoh Rabin Emuan
Sales Assistant/produce Receiver

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Funding Insights of The Sultan Center

  • Total Funding
  • Total Rounds 1
  • Last Round Post-IPO — $31.4M
  • First Round

    (13 May 2023)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2023 Amount Post-IPO - The Sultan Center 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

Investments & Acquisitions by The Sultan Center

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 - The Sultan Center

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

The Sultan Center Comparisons

Employees
+
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Competitors of The Sultan Center

The Sultan Center 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, Delivery Hero, GetDukan, Maqadhe and Drops Group Holding, 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
Platform offering food and grocery delivery services
domain founded_year HQ Location
Food ordering and delivery services are facilitated online.
domain founded_year HQ Location
An online platform providing multi-category grocery supplies to consumers.
domain founded_year HQ Location
Manages an e-commerce store focused on grocery products.
domain founded_year HQ Location
Online platform for e-commerce shopping of groceries, food, and household products.
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 The Sultan Center

Frequently Asked Questions about The Sultan Center

When was The Sultan Center founded?

The Sultan Center was founded in 1981 and raised its 1st funding round 42 years after it was founded.

Where is The Sultan Center located?

The Sultan Center is headquartered in Kuwait City, Kuwait.

Who is the current CEO of The Sultan Center?

Bassam Zantout is the current CEO of The Sultan Center.

What does The Sultan Center do?

Online retailer of multi-category grocery products. Its product offerings include fruits vegetables, seafood meat, dairy products, oil ghee, rice pasta, sauces, coffee tea, home care products, pet care products, baby care products, and more.

Who are the top competitors of The Sultan Center?

The Sultan Center's top competitors include Deliveroo, Delivery Hero and Fiz.

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