Moroccan Gastiol raises $350,000 in funding

Moroccan Gastiol raises $350,000 in funding

English

  • The Moroccan “Gastiol”, which operates in the field of e-commerce, has secured $350,000 in financing in a pre-initial funding round, following the $100,000 funding it obtained last August in the same financing round led by the holding company, Iron Rocket Investment.
  • The emerging Gastol was founded in 2022 to build a fashion market in the Middle East by providing the latest Turkish products and clothing.

Source: say

The Moroccan startup, Gastiol, has raised $350,000 in financing in a pre-initial financing round, following the financing it obtained last August of $100,000 in the same financing round led by the Earn Rocket Investment Holding Company, which represents a strong impetus for the startup to support more investments. Evolution and development.

Founded in 2022, the startup is an e-commerce platform that aims to build a fashion market in the Middle East by providing the latest Turkish products and clothing..

The startup plans to lead the commercial sector in Morocco, which represents a promising opportunity for business owners of this kind.

Jacitool has achieved exceptional success in less than 3 months since its launch in Morocco, with more than 100,000 downloads of the application on Android devices, and more than 100,000 website visits per month, with a profit rate of more than 50% per month..

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