Startup Kwaaka received follow-on investments from MOST Ventures
Author - Mansur Ismagulov
The Tech AI
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Kwaaka has raised $100,000 from MOST Ventures to launch products and open offices in Tashkent and Tbilisi. The company operates in five countries, including Kazakhstan, Kyrgyzstan, Armenia, Uzbekistan, and Georgia, and has more than 1,300 active restaurants. Previously, the startup had raised over $800,000 in investments.
The Kwaaka platform, focused on improving online delivery for restaurants, has secured an additional $100,000 in funding from MOST Ventures. The raised funds will be used to launch new products and build teams in Uzbekistan and Georgia.
Currently, the platform is actively expanding its presence in international markets. Specifically, Kwaaka has started operations in five countries: Kazakhstan, Uzbekistan, Kyrgyzstan, Georgia, and Armenia. Two new offices have recently been opened in Tashkent and Tbilisi.
The Kwaaka team is experiencing significant growth. At present, the platform hosts more than 1,300 active restaurants.
Kwaaka has introduced two new products that enable restaurants to launch their own delivery service with a website, app, and couriers in just one click. In this way, Kwaaka acts as a Shopify for restaurants, helping them efficiently organize and grow their online delivery operations.
Previously, the startup had raised over $800,000 in funding from Murat Abdrakhmanov, venture funds MOST Ventures and Big Sky Capital, the Shanyraq VC syndicate, as well as business angels Madiar Tuleuov, Olzhas Akbaev, and Aman Alimbayev.
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