Egyptian fashion E-commerce startup, The Fashion Kingdom (TFK), raised $2.6 million in SEED co-led by CVentures where other investors including Lotus Capital, Raba Partnership, Sunny Side Venture Partners, Foundation Ventures, Cairo Angels Syndicate Fund, and notable angel investors also participated.
TFK sells a variety of products to various demographics, including shoes, beauty products, personal care, accessories, and home fashion. The platform assists local and international brands in increasing their online sales through their curated marketplace, which provides customers with an omnichannel experience: a place where shoppers can find all of their fashion needs and exchange products as needed. The proceeds will be used to fuel TFK’s efficient growth, develop scalable technology, and expand the team.