TipTop has successfully closed a $5M seed funding round. One of the top-funded startups in Iraq.
TipTop App for food & grocery delivery announced the closing of the largest investment round worth $5 million led by Korek Holding.
TipTop is the first to introduce the dark stores concept to the Iraqi market with over 3000 stock-keeping units (SKUs). The startup is also building more dark stores in Iraq with close to 10,000 SKUs, as part of a newly launched feature called TipTop More aimed at availing more products to its customer at a delivery turnaround time of 45 minutes & another feature will be launched called TipTop Water aims to deliver water of all size within 45 minutes.
The startup has an in-house team & it’s planning to expand its q-commerce operations all over & beyond Iraq.
Since its founding the startup has raised a total of $7M; Pre-Seed investment of $2M by TipTop founder Hasan Alsoud & seed investment of $5M by Korek Holding, making it one of the top-funded startups in the country.