Subscription

Turn on notifications to stay up to date with new posts.

Turkish startup egaranti raised $1.1 million to expand into Central Asia

Published 2 min read
T

Author - The Tech

The Tech AI

Get the key points in seconds - a short summary from The Tech AI.

Turkish startup egaranti raised $1.1 million ahead of its Series A round. Founded in 2021 by Kamil Kınacı and Sinan Peksoy, the company is developing digital infrastructure for warranty services. Investors included Turkish institutional funds, an insurance company, three business angels, and Uzbekistan’s largest corporate venture fund. According to plans, egaranti will strengthen its position in Uzbekistan, where it has opened an office, and expand into the markets of Kazakhstan and Azerbaijan. The company aims to grow its network of retail points from more than 250 to over 1,000 by next year, increasing monthly sales of warranty packages. Additionally, it is preparing to launch a consumer app in Turkey.

The Tech on Telegram

Keep up with the latest technology and startup news.

Subscribe
News Courses Events Jobs Podcasts

Loading next post…