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Saudi Arabian Beauty E-Commerce Platform Kaya Raises $2.6 Million

August 22, 2022
August 22, 2022
Dmytro Lopatin via Unsplash

Kaya, an e-commerce and logistics solutions company specializing in beauty and personal care, closed a seed funding round of $2.6 million.

WHO: Founded in 2018 by Abdulaziz Bin Saleh Al-Lahidan, Kaya launched with a direct-to-consumer business model and has boosted growth by developing and building innovative brands in beauty and personal care categories.

WHY: Kaya will use the funds to develop its digital infrastructure and provide logistics services, and for its future expansion and growth plans.

IN THEIR OWN WORDS: Mohammed Al-Maghlouth, CEO of Revival Lab, stated: "We're proud to be a partner with Kaya. We are working together with the team to achieve our strategic goals of promoting growth and expansion initiatives in the personal care and beauty sector inside and outside the Kingdom of Saudi Arabia."

DETAILS:

  • Kaya raised a $2.6 million seed round from Revival Lab, a start-up studio, with participation from Al-Dowayan Investment Company and Al-Sulaimaniya Investment Group.
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