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
Locked
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Phone
Locked
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Website
Locked
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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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
Not available
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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.
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.
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Strategic investments are made in dual-use defense technologies by Regolith Ventures.
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Tech startups are funded by Doha Tech Angels venture capital.
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Seed to series A investments are provided to tech-based companies.
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Investor details for Yallamarket
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Investments & Acquisitions by Yallamarket
Investment portfolio details for Yallamarket
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Financial Statements - Yallamarket
Detailed financials for Yallamarket
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Yallamarket Comparisons
Peer comparison for Yallamarket
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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.
| Company Name | Domain | Founded year | HQ Location | Description |
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Multi-category products are offered through an online marketplace.
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Multi-category consumer products are offered via an app-based marketplace.
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Multi-category consumer products are sold via an online marketplace platform.
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Multi-category grocery products are sold via an online platform.
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Online horizontal marketplace is operated for Middle Eastern countries.
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Detailed competitors of Yallamarket
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Latest news on Yallamarket
Complete news archive for Yallamarket
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Frequently Asked Questions about Yallamarket
Yallamarket was founded in 2021.
Yallamarket is headquartered in Dubai, United Arab Emirates. It is registered at Dubai, Dubai, United Arab Emirates.
Leo Dovbenko is the current CEO of Yallamarket. They have also founded this company.
Yallamarket is a funded company, having raised a total of $10.5M across 3 funding rounds to date.
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.
Yallamarket's top competitors include Amazon, noon and Paytm Mall.
Yallamarket has 8 investors. Key investors include Wamda, Dubai Angel Investors, Regolith Ventures, Fyodor Ovchinnikov, and Doha Tech Angels.