A Greek company based in Dubai receives $750,000 funding

Greek startup InstaShop based in Dubai received 750,000 US dollars to further expand its operation and services at Abu Dhabi and wider region.

VentureFriends, a company owned by Greek founders Yannis Tsioros and Ioanna Aggelidaki, covered 50% of the funding, while Jabbar Internet Group covered the rest 50%.

InstaShop is an application for ordering groceries in Dubai and receiving them in less than 30 or 60 minutes average time .