3 years ago
Egypt's Fashion Kingdom Raises $2.6 Million in Seed Funding
The Fashion Kingdom (TFK), an Egyptian e-commerce marketplace for fashion, beauty, and home accessories, has raised $2.6 million in a Seed funding round led by CVentures and A15
The funding will be used to accelerate TFK's growth, build scalable technology, and expand its team
TFK offers a 360-degree value proposition for brands, including operations, co-marketing, omnichannel, and digital content creation services
The company currently works with over 200 local and international brands and has over 135,000 customers.
ProblemRetail
"Local fashion brands in Egypt struggle to sell online due to lack of access to technology and resources."
Solution
"TFK provides a curated marketplace and 360 value proposition for brands, offering a one-stop-shop solution covering operations, co-marketing, omnichannel, and digital content creation services to help them grow their online sales and become more sustainable."