Egypt-based The Fashion Kingdom raised $2.6 million in SEED co-led by CVentures

July 27, 2022

, By Sreejit Kumar

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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.

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Hi, I'm Sreejit Kumar, a journalist with a Master's degree in Journalism. Through my education and professional experience, I have developed a keen eye for detail and a passion for uncovering the truth. As an author for this news website, I am committed to delivering accurate, timely, and engaging stories that inform and entertain our readers.

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Egypt-based The Fashion Kingdom raised $2.6 million in SEED co-led by CVentures

July 27, 2022

, By Sreejit Kumar

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.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Previous News

Retail-tech startup Arzooo to launch B2C platform to assist offline stores in customer acquisition

Next News

UPI-linked RuPay credit cards are likely to have a 2% MDR

Hi, I'm Sreejit Kumar, a journalist with a Master's degree in Journalism. Through my education and professional experience, I have developed a keen eye for detail and a passion for uncovering the truth. As an author for this news website, I am committed to delivering accurate, timely, and engaging stories that inform and entertain our readers.

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