The grocery delivery app Getir is looking to raise capital at a valuation of USD 12bn in a funding round started by its existing investors, according to a person with knowledge of the matter. Getir, valued at USD 7.7bn last year, is aiming to raise over USD 1bn to finance expansion overseas, said the person,...
Tag: startups
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Betting on becoming a unicorn
BY HUSNIYE GUNGOR Thread In Motion, which produces smart, wearable, handheld terminals for the automotive, logistics, and manufacturing sectors, aims to become a unicorn in three years. As the only company in Turkey that produces wearable IoT technologies, the company aims to dominate both the local and the global market. Thread In Motion produces smart...
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HotelForex brings professionals together with customers
ESTABLISHED as an innovative online travel platform, HotelForex aims to aid the tourism sector by bringing tourism professionals together with their customers and allow them to negotiate on their own terms. The platform allows the end-user and tourism professionals to evaluate the terms and conditions of the room the customer wants and provide optimum purchasing,...
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makromusic reaches 2m downloads
FOUNDED BY FOUR UNIVERSITY students on April 18 last year , makromusic, a social media platform for music lovers, has reached two million downloads in Turkey in less than one year. The platform, where users with the same music taste come together, aims to conquer the European and the U.S. markets in the social media...
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Otsimo and Fazla Gida win the EBRD Innovation Challenge
OTSIMO, A SPECIAL education platform, and Fazla Gida, a platform that offers solutions for food waste, were among the five winners of the Startup Innovation Challenge, created by the European Bank for Reconstruction and Development (EBRD) to honor tech startups that fight against global setbacks caused by the pandemic. The jury evaluated 226 participants from...
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Fonbulucu.com eyes TRY 1bn trading volume in 2023
By Deniz Kilinc FONBULUCU.COM, a share-based crowdfunding platform for Turkey-based startups and entrepreneurs, has a goal to provide everyone a chance to invest with just a few taps on their smartphones. As the interest in startups and entrepreneurship rises domestically and globally, the platform, the 8th of its kind in the world, has an ambitious...
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Fitness and sports startups in the spotlight
FITWELL Founded by Baris Ozaydinli in 2014, the London-based Fitwell is a wellness artificial intelligence (AI) startup focused on providing help to time-starved people to be fitter and healthier through a mobile platform. The startup has over 1.6 million members globally, according to Crunchbase. Besides being selected as the Best of PlayStore and Top Developer...
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Software and robotic startups in spotlight
BULUTISTAN Founded in 2015 by Begim Basligil and Orcun Murat Ozalp, Bulutistan solutions offers a bridge between cloud service providers and corporate customers with long term partnerships. Based in Istanbul, the company provides value-added cloud services as a boutique cloud computing platform focused on increasing information services exports as the first company integrated into the...