Connects local brands with network of resellers (mostly women) in non-tier-1 cities, focusing on Halal economy. Commission-based revenue model.
"The "TaqwaTech" opportunity. Faith-based commerce in the world's largest Muslim population is massive, underserved niche."
| Round | Date | Amount | Participating Investors |
|---|---|---|---|
| Series C | May 2023 | US$ 39M | IFC (lead), IFC Emerging Asia Fund, Jungle Ventures, Shunwei Capital, UOB Venture Management, Telkomsel Mitra Inovasi, SWC Global, Endeavor Catalyst, Uni-President Asset Holdings |
| Series B | Sep 2021 | US$ 30M | UOB Venture Management, IFC, MDI Ventures, Jungle Ventures |
| Series A | Jan 2020 | US$ 8.25M | Jungle Ventures, Shunwei Capital, Alpha JWC Ventures |
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