Bakkal, a Pleasanton, CA-based ethnic grocery marketplace in the U.S., raised USD 3M in Seed funding.
The backers included new and existing investors. The round increased the valuation of the company to $20M.
The company intends to use the funds for technology development, growth of its engineering team and expansion of its marketing activities.
Led by CEO Murat Karslioglu, Bakkal is an ethnic grocery marketplace which provides services to brands to market international products to the U.S market. It launched its services in Los Angeles in late 2021 and expanded to Bay Area, California in early 2022. The company has offices in California, Istanbul, Kyrgyzstan and Tel Aviv.
Bakkal apps are available on both Apple App Store and Google Play Store.
FinSMEs
12/08/2022