Kuwait-based Jumla Club raises pre-Series A

Image courtesy of Jumla Club

Source: Menabytes

Kuwait-based B2B food and beverage platform Jumla Club has raised seven-figure pre-Series A, the startup told MENAbytes, without disclosing the exact size of investment but saying that it came at a post-money valuation of $10 million. The investment came from a GCC-based individual investor, said the startup.

Founded in late 2017 and launched in March last year, Jumla club connects both sides of the food and beverage industry, enabling suppliers to add their products and catalogs to the platform to be able to receive orders from restaurants, hotels, cafes, and catering company. The startup makes it easier for suppliers in F&B industry to distribute their products and for hotels and restaurants to source them.

Jumla Club allows customers to compare goods, place and manage their orders, and make one single payment for their orders. They have the option to pay in cash or online through Jumla Club Wallet

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