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E-commerce Egypt

Egyptian e-commerce startup The Fashion Kingdom raises $2.6 million in funding

Oluwajuwonlo Afolabi profile image
by Oluwajuwonlo Afolabi
Updated
Egyptian e-commerce startup The Fashion Kingdom raises $2.6 million in funding
Photo by Waldemar Brandt / Unsplash

The Fashion Kingdom, an Egypt-based fashion e-commerce startup helping brands to increase their sales online and users exchange products has raised $2.6 million in its seed funding round to improve its operations.

  • The fund will be used to improve its growth, scale its stack of technology, and hire new talents, the startup claims.
  • Founded in 2020, TFK is an online fashion e-commerce platform dealing in products including shoes, beauty products, personal care, accessories, and home fashion, alongside recommendations for consumers, different payment options, and fast deliveries.
  • The startup 3xed its sales volume between April 2021 to April 2022.
  • Egypt-based CVentures led the funding round with participation from A15, Lotus Capital, Raba Capital, Sunny Side Venture Partners, Foundation Ventures, The Cairo Angels, Paul Antaki, and Nasser Chourbag.
Oluwajuwonlo Afolabi profile image
by Oluwajuwonlo Afolabi
Updated

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