Startup Kwaaka received $600,000 in investments

Kazakh startup Kwaaka closed a $600,000 investment round. Investors included Murat Abdrakhmanov, Big Sky Capital fund, Madiyar Tuleuov, Olzhas Akbaev, and Aman Alimbayev.

Kwaaka is a cloud-based solution for restaurants that integrates delivery services into restaurant cash registers. Since the beginning of the year, Kwaaka has grown more than fivefold and currently works with over 1,000 restaurants in five countries: Kazakhstan, Uzbekistan, Kyrgyzstan, Armenia, and Azerbaijan.

The funds raised will be used to strengthen its presence in Central Asia and the Caucasus. Additionally, by the end of the year, the company plans to launch its first 100 restaurants in the Middle East region. Kwaaka already has all the necessary integrations and agreements in place to operate in the MENA region.