Food delivery service Golama raises $2.3 million, sees orders grow by “up to 30%” monthly

Moscow-based grocery delivery service Golama has attracted 150 million ruble (approximately $2.3 million) in equity funding from an unnamed individual investor, according to media reports.

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The funding will be spent on expanding Golama’s network of partners, which include retail chains and stores, and its goods and services offer.

Golama told Russian online tech resource Rusbase that the round was completed in January, with the first funding received in November last year.

Rusbase also heard from an unnamed “source close to the deal” that Golama’s valuation amounted to 750 million rubles (around $11.5 million).

One hundred million rubles (around $1.5 million) had been invested in the startup at the launch phase, in March 2018, Golama told Rusbase.

The startup claims that more than 250,000 users have downloaded the app so far, and that the number of orders grows “by 20%-30%” every month.

Golama partners with such chains as METRO, Lenta and Vkusvill. It operates in Moscow and and surrounding cities Balashikha, Dolgoprudny, Mytishchi, Reutov and Khimki.

Topics: Delivery, Digital services & Apps, E-Commerce, Finance, Foodtech, International, Moscow, News, Regions & cities, Retail, Startups, Venture / Private equity
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