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December 6, 2011 05:17 pm GMT
MarkaVIP, an ecommerce company that operates an eponymous private sales club in the Middle East, has landed $5 million in Series A funding led by Lumia Capital with participation from NYC-based Invus Financial Advisors. The capital will be used to boost sales and marketing efforts and to support regional expansion throughout the Gulf Cooperation Council (GCC).MarkaVIP was founded in Jordan by CEO Ahmed Alkhatib and CTO Amer Abulaila in November 2010.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/Naul33ZA85s/
MarkaVIP Raises $5M For Middle East-Focused Flash Sales Website
MarkaVIP, an ecommerce company that operates an eponymous private sales club in the Middle East, has landed $5 million in Series A funding led by Lumia Capital with participation from NYC-based Invus Financial Advisors. The capital will be used to boost sales and marketing efforts and to support regional expansion throughout the Gulf Cooperation Council (GCC).MarkaVIP was founded in Jordan by CEO Ahmed Alkhatib and CTO Amer Abulaila in November 2010.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/Naul33ZA85s/
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