# Dukkantek

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/dukkantek

- Industry: Business Support Services
- Headquarters: United Arab Emirates
- Website: www.dukkantek.com
- Total disclosed funding: $5.2M
- Latest round: Seed (Mar 8, 2022)
- Investors on record: 8

## About

Based in Dubai, UAE, and founded in 2021 by co-founders Shadi Joulani and Sanad Yaghi, Dukkantek operates as a digital storefront management platform that provides digital transformation services to improve business processes. In March 2022, Dukkantek raised USD 5.2 million in seed funding, led by new investor Global Founders Capital, with participation from other new investors Play Ventures, Comma Capital, AlNowais Investments, Annex Investments, and AMK Investment Office.

Dukkantek offers Cloud POS software that allows business owners to keep track of transactions, monitor sales, calculate VAT, generate reports, and calculate profit margin; Cloud IM is online software that helps to track, manage, and organize inventory. It allows users to keep track of stock, measure stock value, manage fast-moving products, and generate reports for analysis; a variety of payment options such as cash payments, card payments, or credit payments can be tracked, and reports to track payments can be generated; and The Companion, a mobile application that helps manage the store online. In addition, it offers an e-commerce platform that allows stores to sell their goods through an online application.

The company will use the seed funding to improve its technology stack, as well as expand its platform’s reach and serve its ever-growing merchant base.

## Funding rounds

- Seed, Mar 8, 2022, $5.2M — Plug and Play, Global Founders Capital, Wamda Capital, AlNowais Investments, Colle Capital, Comma Capital, Annex Investments, AMK Investment Office

## Investors

- Plug and Play (https://capitalatlas.ai/funds/plug-and-play) — Seed
- Global Founders Capital (https://capitalatlas.ai/funds/global-founders-capital) — Seed
- Wamda Capital (https://capitalatlas.ai/funds/wamda-capital) — Seed
- AlNowais Investments — Seed
- Colle Capital (https://capitalatlas.ai/funds/colle-capital) — Seed
- Comma Capital (https://capitalatlas.ai/funds/comma-capital) — Seed
- Annex Investments — Seed
- AMK Investment Office — Seed