instashop
Startup- Funding stage
- —
- Raised
- —
- People
- 2
- Founded
- 2015
Retail & Commerce
Key facts
| Fact | Confidence | Evidence |
|---|---|---|
| HeadquartersKuwait | 1 source | |
| Founded2015 | 1 source | |
| Fundraising statusunknown | no source |
Startup details
InstaShop is a Dubai-based on-demand grocery and household delivery marketplace launched in June 2015. Its app lets users order groceries, pharmacy items and other supplies from partner stores for rapid delivery, and by 2020 it operated in the UAE, Qatar, Bahrain, Egypt and Lebanon with about 500,000 active users. Delivery Hero acquired the company in August 2020 at a USD 360 million valuation.
Funding
| Round | Date | Amount | Confidence |
|---|---|---|---|
| Acquisition | Aug 1, 2020 | $360M | no source |
- Aug 1, 2020Acquisition$360M
Team
JO
John TsiorisFounder
Co-founder & CEO
IO
Ioanna AngelidakiFounder
Co-founder
Co-founderRelationships
Founders & leadership
- John TsiorisFounder
- Ioanna AngelidakiCo-Founder
Related companies
noon
Similar because of Retail & Commerceمنازلكم
Similar because of Retail & Commerce
Saint Objets
Similar because of Retail & Commerce
Luxury Supercars Dubai
Similar because of Retail & CommerceMUSE
Similar because of Retail & CommerceEVPlus.ae
Similar because of Retail & CommerceSignals
No signals yet. Monitoring begins after the first source is attached.
Sources
Company updates
No company updates yet.