Dukkantek, a United Arab Emirates-based provider of store management platform that offers an end-to-end technology partner to enhance all business processes, announced that it raised $10 million in pre-Series A funding, bringing the
The round was led by BECO Capital with significant participation from Rocketship and Colle Capital. Other strategic investors in the round included Comma Capital, AMK Investment Office, Chaos Ventures, and Wamda Capital.
This round will support Dukkantek's geographical expansion, increase the team size, and further advance its technology.
Round: Series A
Funding Month: Aug 2022
Lead Investors: BECO Capital
Additional Investors: Rocketship, Colle Capital, Comma Capital, AMK Investment Office, Chaos Ventures, and Wamda Capital
Company Website: https://www.dukkantek.com/
Software Category: Store Management platform
About the Company: Founded in January 2021 by Shadi Joulani, Ali Alsayegh, and Sanad Yaghi, Dukkantek is the first and only store management platform designed to empower traditional merchants. Dukkantek’s platform offers advanced in-store boxes fitted with a seamless Point-of-Sales (POS) system that can be accessed online, from anywhere in the world. The cloud-hosted software allows business owners to keep track of transactions, monitor sales, calculate VAT, generate reports, and calculate profit margin. In addition, the platform’s unique Cloud Inventory Management (IM) helps track stock, manage stock value, organize the inventory, manage fast-moving products, and generate reports for analysis. Some of the clients include Emaar, Danone, Land Rover, Abu Dhabi Media, etc. Dukkantek enables traditional merchants to compete equally in an evolving digital world, and further empower their retail capacity.