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

Oluwajuwonlo Afolabi -

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.