Qatar’s one and only popluar fish commercial center Fish.qa has declared its successful seed round. The startup has made it simple for clients to buy several varieties of fish in only a couple of clicks and have them delivered to their doorstep through its online platform. Having been established in back April 2018, the startup started its excursion by being an incubation program at Digital Incubation Center, MOTC. From that point forward, it has shown enormous development potential, especially in the pandemic. The startup was established by popular entrepreneurs Jareesh Makannari and Mohamed Hanees, who imagined Fish.qa to turn into the top online fish vendor in the Middle East.
360nautica, the Doha-based venture provider, is the lead financial backer with Fish.qa which included raising the fund and operational help to the developing startup. In the previous few years, 360nautica has created probably the quickest developing tech new companies in Qatar and the Gulf region. As the main movement goes, and as a component of the venture building platform, 360nautica’s job in Fish.qa’s Seed round accompanies something beyond financing benefits. It’ll also help Fish.qa to expand their market in the area and many more.
Jareesh Makannari, one of the co-founders, said, “We are thrilled to start this journey with 360nautica and look forward to Fish.qa’s next phase of growth. The market opportunity is huge, and we are glad to be working with an experienced team and seasoned mentors as we try to capitalize on this.”
“We feel great about the investment, as Fish.qa has shown remarkable progress since they started. With the right timing, it can grow quickly to capture untapped markets and become a key player in the GCC region. 360nautica’s vision is to identify scalable startups and contribute to their growth ” commented Dr. Tejinder Singh, the Founder, and MD of 360nautica.