About Yallamarket
Yallamarket is a company based in Dubai (United Arab Emirates) founded in 2021 by Stas Seleznev and Leo Dovbenko.. Yallamarket has raised $10.5 million across 3 funding rounds from investors including Wamda, Dubai Angel Investors and Regolith Ventures. Yallamarket operates in a competitive market with competitors including Amazon, Paytm Mall, noon, InstaShop and Wadi, among others.
- Headquarter Dubai, United Arab Emirates
- Founders Stas Seleznev, Leo Dovbenko
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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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Total Equity Funding
$10.5 M (USD)
in 3 rounds
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Latest Funding Round
$6 M (USD), Seed
Jul 18, 2023
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Investors
Wamda
& 7 more
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Employee Count
Employee Count
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Funding Insights of Yallamarket
Yallamarket has successfully raised a total of $10.5M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $6 million completed in July 2023. 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 Total Funding
- Total Rounds 3
- Last Round Seed — $6.0M
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First Round
First Round
(23 Nov 2021)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2023 | Amount | Seed - Yallamarket | Valuation | Regolith Ventures | |
| Feb, 2022 | Amount | Seed - Yallamarket | Valuation | Doha Tech Angels , Flyer One Ventures | |
| Nov, 2021 | Amount | Seed - Yallamarket | Valuation | Wamda , Dubai Angel Investors |
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| 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 |
Investors in Yallamarket
Yallamarket has secured backing from 8 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Wamda, Dubai Angel Investors and Regolith Ventures. 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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Strategic investments are made in dual-use defense technologies by Regolith Ventures.
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Founded Year | Domain | Location | |
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Tech startups are funded by Doha Tech Angels venture capital.
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Founded Year | Domain | Location | |
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Seed to series A investments are provided to tech-based companies.
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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 Yallamarket
| 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 - Yallamarket
| 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 |
Yallamarket Comparisons
Competitors of Yallamarket
Yallamarket 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, noon, InstaShop 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 offered via an app-based 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 grocery products are sold 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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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Yallamarket
Frequently Asked Questions about Yallamarket
When was Yallamarket founded?
Yallamarket was founded in 2021.
Where is Yallamarket located?
Yallamarket is headquartered in Dubai, United Arab Emirates. It is registered at Dubai, Dubai, United Arab Emirates.
Who is the current CEO of Yallamarket?
Leo Dovbenko is the current CEO of Yallamarket. They have also founded this company.
Is Yallamarket a funded company?
Yallamarket is a funded company, having raised a total of $10.5M across 3 funding rounds to date. The company's 1st funding round was a Seed of $2.3M, raised on Nov 23, 2021.
What does Yallamarket do?
Yallamarket was founded in 2021 in Dubai, United Arab Emirates. An online platform is operated in the e-commerce sector, focusing on grocery items such as meat, seafood, eggs, honey, snacks, sweets, and beverages. Additional categories like beauty and home care products are included. Access is provided through applications on iOS and Android devices, serving customers in the region.
Who are the top competitors of Yallamarket?
Yallamarket's top competitors include Amazon, noon and Paytm Mall.
Who are Yallamarket's investors?
Yallamarket has 8 investors. Key investors include Wamda, Dubai Angel Investors, Regolith Ventures, Fyodor Ovchinnikov, and Doha Tech Angels.
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