Yahaal, a Kuwait-based E-commerce platform that specializes in providing a wide range of children and baby products, has announced a $27M Series A funding round (KD 8.25M), from Seeds Partner and AlMutamaiz International Company.
Yahaal App serves as a one-stop-shop platform that offers newborn, baby, and kid’s products, delivered to customers in as fast as 30 minutes to certain areas in Kuwait. Parents can shop from a selection of toys, diapers, formula, strollers, car seats, skincare products, and more. Yahaal grew its online presence through its platform, delivering a unique selection of products and expanding its footprint to suit the needs of the Kuwaiti market. Additionally, the emergence of the COVID-19 pandemic led to the slow down and temporary closure of stores, shifting consumer shopping to online sources, which has reflected positively on the sector.
Yahaal aims to continue spearheading the competition in the market by enhancing its strong portfolio and accelerating the expansion plan set by the management team to further tap into the industry. The company’s strategy aims to uncover sources of future market growth for baby and child-specific products, while updates the features and services available to parents on the Yahaal App.
The new funds will be allocated towards the company’s expansion plan and development of its operational infrastructure.