Tunisian Startup Drest Secures $336k in New Funding Round
May 8, 2023
Enrich Africa
2 minute(s) Read
News featured image

Drest, an e-commerce platform headquartered in Tunisia, has successfully secured a funding round of $336,000 from 216 Capital Ventures. The investment will be instrumental in supporting Drest's expansion into the African market.


Established in 2020 by founders Omane and Malek Mzabi, Drest specializes in the online retail of lifestyle products, offering a wide range of items from ready-to-wear fashion to beauty products and accessories.


The recent funding round, led by 216 Capital Ventures, will provide Drest with the necessary resources to fuel its growth and venture into the African market. The capital infusion will enable the company to bolster its team, enhance technological and logistical capabilities, and ultimately deliver an even better customer experience.


We are thrilled to announce our partnership with 216 Capital Ventures. This funding round will empower us to strengthen our workforce, upgrade our technology and logistics, and provide an even more exceptional customer journey,

expressed Omane and Malek Mzabi, the co-founders of Drest.

This successful fundraising round brings us great joy as it paves the way for our continued development and reinforces our presence in the African market. We have plans to invest in cutting-edge technological tools, hire domain experts, and amplify our marketing efforts to establish ourselves as the foremost brand in the minds of consumers.
May 8, 2023
Enrich Africa
2 minute(s) Read
Tags
Drest
Categories
News
Funding

Similar News

May 20, 2024

Egyptian and Tunisian Startups Chosen for Climate-Focused Mega Green Accelerator

Read More
May 26, 2024

Google to Construct First Subsea Fiber-Optic Cable Linking Africa and Australia

Read More
May 26, 2024

South African Startup Orca Raises €550K to Tackle Fraud in Emerging Markets

Read More

Are you a start-up or an entrepreneur in Africa?

Subscribe to our mailing list

Say Hello!

Contact Us