Jabbar Internet Group participates in new $750,000 round of funding of InstaShop grocery delivery application

Saturday, 16 Apr 2016
Category: FMCG / Retail
Countries: United Arab Emirates
Description: Jabbar Internet Group has invested in InstaShop, an innovative grocery delivery service, covering 50% of the total $750,000 investment round, while the rest is covered by the startup fund Venture Friends.
Comments:
Jabbar Internet Group has invested in InstaShop, an innovative grocery delivery service, covering 50% of the total $750,000 investment round, while the rest is covered by the startup fund Venture Friends.

InstaShop is a Dubai grocery delivery application so users can shop everything they need from the supermarket in just a few clicks and receive their order at home in 30 minutes average time; depending on location the average delivery time may reach up to 60 minutes. The company operates in Dubai since June 2015 and is already fulfilling tens of thousands of orders, aiming soon to expand to Abu Dhabi and the rest of the UAE.

The app is free on the App Store and Google Play, serving the following areas: Dubai Marina, JBR, JLT, Palm Jumeirah, Trade Center, Silicon Oasis, Queue Point, Academic City, Emirates Hills, Meadows, Springs, Tecom, Greens and parts of Business Bay and Downtown. Soon JVC, DIP, Arabian Ranches, Motor City and other communities will be activated.

The company offers a convenient grocery shopping service for the modern urban citizens who lead a busy lifestyle and who value their free time too much to spend it waiting in supermarket lines or dealing with miscommunication issues during phone orders.



Profile: InstaShop is an e-commerce startup operating in the on-demand grocery delivery industry of UAE. The company is based in JLT and the team is comprised by more than 15 people.