Launched by a Turkish entrepreneur with offices in California, Istanbul, Kyrgyzstan and Tel Aviv. General storeIt serves as a B2B2C marketplace and a delivery platform. It mediates to sell international products in the US market, while bringing products to users’ doorsteps.
Founded in 2021, Bakkal announced that it has received a seed investment of 3 million dollars. This investment increased the company’s valuation to $20 million. The company, which started in Los Angeles, has expanded its service to the Bay Area, California in early 2022. It was stated that these investments will help Bakkal finance technology development, grow its engineering team and expand its marketing activities.
Grocery store received a seed investment of 3 million dollars
Founder and CEO of Bakkal Murat Karslioglu In his statement after this investment, he emphasized that small grocery stores are an important part of our society and culture, and that consumers from different ethnicities have access to healthy and affordable food through these establishments.
Karslıoğlu continued his words as follows;
“We are digitizing the ethnic grocery supply chain and making it easier for small local stores to find stock. We are increasing affordable food options by helping high-quality and international brands reliably stock their products in stores.”