Ethnic e-grocer Bakkal completes a $3 million seed round
Bakkal, an ethnic online grocer operating in the US, has bagged $3 million in a recent funding round. The startup announced that the recent funding round raised its valuation to $20 million. The startup would use the funds raised to expand technology development, extend its engineering team and boost marketing activities. Founder and CEO Murat Karslioglu reported that he would improve the Bakkal store application and modernise its procurement process.
Full story: GroceryDive
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