Arbuz.kz startup received $2 million in investments

Investments will be directed toward the development of a digital platform.

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The owner of the Aitas KZ group of companies, Serik Tolukpaev, invested $2 million in the online supermarket Arbuz.kz. The funds will be directed toward the development of the digital platform and service. In October, the project entered the Nur-Sultan market, and the company's growth over the past year has exceeded 300%.

The owner of the Aitas KZ group of companies, Serik Tolukpaev, has invested $2 million in the online supermarket Arbuz.kz, reports Kapital.kz. The investments will be directed toward developing a digital platform, enhancing operations, improving service, and boosting the customer experience.During the pandemic, foodtech startups saw significant growth. While Arbuz.kz previously operated only in Almaty, the online supermarket expanded to the Nur-Sultan market in October. The company stated that its growth over the past year exceeded 300%.