Quiqup, a London-based last mile delivery startup that wants to challenge Deliveroo in the Middle East has bagged $6.33 million in extra funding.
With this, the net investment in the company’s kitty has shot all the way up to nearly $32 million.
Quiqup is yet to emerge a familiar name in the Middle East’s last-mile delivery sector, but the startup is confident that this new funding will help it go a long way in extending a strong presence throughout the region.
Founded in 2014, Quiqup offers one-hour delivery services in its home turf, where the company has a network of retail partners including heavyweights such as Tesco.
It currently employs approximately 2,000 gig economy riders for delivery with many more to be added soon as the company eyes the member states of the Gulf Cooperation Council including Bahrain, Saudi Arabia, Kuwait, Oman, Qatar, and others. Quiqup made its overseas venture earlier this year starting with Dubai.
The company claims to be different from other last-mile delivery platforms like Deliveroo on the ground that it delivers all kinds of products. In fact, the company even lists iPhone repair shop iSmash on its menu along with restaurants and retail shops.