{"id":11801,"date":"2021-06-08T04:54:15","date_gmt":"2021-06-08T04:54:15","guid":{"rendered":"https:\/\/cryptounplugged.ai\/blog\/?p=11801"},"modified":"2021-06-08T04:54:20","modified_gmt":"2021-06-08T04:54:20","slug":"emirati-founded-tech-start-up-boksha-raises-1-million-seed-fund","status":"publish","type":"post","link":"https:\/\/cryptounplugged.ai\/blog\/emirati-founded-tech-start-up-boksha-raises-1-million-seed-fund\/","title":{"rendered":"Emirati-Founded Tech Start-Up Boksha Raises $1 Million Seed Fund"},"content":{"rendered":"\n<p>Boksha, an Emirati-founded tech start-up, has secured US$1 million from a group of investors, which includes Sandooq Al Watan and family offices.<\/p>\n\n\n\n<p>Founded in 2018, the platform is the largest online marketplace for independent fashion designers in the region offering Khaleeji themes. This is the company\u2019s first raise; it has bootstrapped itself since then to offering over 15,000 SKUs, representing over 800 designers, and shipping to over 40 countries worldwide to date.<\/p>\n\n\n\n<p>The name Boksha, derived from an Arab Gulf dialect, refers to a piece of fabric traditionally used as a pouch or head carrier by female merchants for the storage of their garments and goods. The brand represents the small and independent, with a mission of empowering the region\u2019s independent fashion designers with technology, so that they can expand their local reach to become global players.<\/p>\n\n\n\n<p>\u201cWe are very excited about our next chapter post-funding closing and see tremendous growth opportunities in the region,\u201d Yahya Mohamed Saleh, co-founder and CEO, said. \u201cNot only do we see this as a largely scalable business, but also one with significant social impact in terms of job creation, individual empowerment and export of regional talent.\u201d<\/p>\n\n\n\n<p>\u201cMore than 90 percent of our designers are Emirati females between the ages of 18 and 35, we expect to see a very similar demographic as we expand regionally,\u201d he stated.<\/p>\n\n\n\n<p>\u201cThrough our platform and tools, we believe we can give our designers access to a multi-billion-dollar fashion market globally \u2013 something most of them didn\u2019t have access to before,\u201d he said in conclusion.<\/p>\n\n\n\n<p>Hind Baker, Director-General of Sandooq Al Watan, said, \u201cSandooq Al Watan is a national initiative launched by prominent Emirati businessmen to support innovators and talented Emiratis, and create every opportunity for them to thrive and unleash their full potential. This is the mandate our wise leadership entrusted us with. It is a mission we take seriously and are committed to fulfilling.\u201d<\/p>\n\n\n\n<p>\u201cWe are always open to any kind of bold and innovative ideas that can help diversify the UAE economy and prepare it for the post-oil era, in line with our mandate and the UAE leadership\u2019s directives,\u201d he added.<\/p>\n\n\n\n<p>The company will utilise the funds to scale up operationally and further invest in its technology to enter new markets in the region, starting with the Gulf Cooperation Council (GCC).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Boksha, an Emirati-founded tech start-up, has secured US$1 million from a group of investors, which includes Sandooq Al Watan and family offices. Founded in 2018, the platform is the largest online marketplace for independent fashion designers in the region offering Khaleeji themes. This is the company\u2019s first raise; it has bootstrapped itself since then to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":11803,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"none","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-11801","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"rttpg_featured_image_url":{"full":["https:\/\/cryptounplugged.ai\/blog\/wp-content\/uploads\/2021\/06\/3169769282171048986.jpg",1182,946,false],"landscape":["https:\/\/cryptounplugged.ai\/blog\/wp-content\/uploads\/2021\/06\/3169769282171048986.jpg",1182,946,false],"portraits":["https:\/\/cryptounplugged.ai\/blog\/wp-content\/uploads\/2021\/06\/3169769282171048986.jpg",1182,946,false],"thumbnail":["https:\/\/cryptounplugged.ai\/blog\/wp-content\/uploads\/2021\/06\/3169769282171048986-150x150.jpg",150,150,true],"medium":["https:\/\/cryptounplugged.ai\/blog\/wp-content\/uploads\/2021\/06\/3169769282171048986-300x240.jpg",300,240,true],"large":["https:\/\/cryptounplugged.ai\/blog\/wp-content\/uploads\/2021\/06\/3169769282171048986-1024x820.jpg",1024,820,true],"1536x1536":["https:\/\/cryptounplugged.ai\/blog\/wp-content\/uploads\/2021\/06\/3169769282171048986.jpg",1182,946,false],"2048x2048":["https:\/\/cryptounplugged.ai\/blog\/wp-content\/uploads\/2021\/06\/3169769282171048986.jpg",1182,946,false],"post-thumbnail":["https:\/\/cryptounplugged.ai\/blog\/wp-content\/uploads\/2021\/06\/3169769282171048986.jpg",525,420,false],"graptor-sq-xs":["https:\/\/cryptounplugged.ai\/blog\/wp-content\/uploads\/2021\/06\/3169769282171048986.jpg",100,80,false]},"rttpg_author":{"display_name":"admin","author_link":"https:\/\/cryptounplugged.ai\/blog\/author\/admin\/"},"rttpg_comment":0,"rttpg_category":"<a href=\"https:\/\/cryptounplugged.ai\/blog\/category\/uncategorized\/\" rel=\"category tag\">Uncategorized<\/a>","rttpg_excerpt":"Boksha, an Emirati-founded tech start-up, has secured US$1 million from a group of investors, which includes Sandooq Al Watan and family offices. Founded in 2018, the platform is the largest online marketplace for independent fashion designers in the region offering Khaleeji themes. This is the company\u2019s first raise; it has bootstrapped itself since then to&hellip;","_links":{"self":[{"href":"https:\/\/cryptounplugged.ai\/blog\/wp-json\/wp\/v2\/posts\/11801","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptounplugged.ai\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptounplugged.ai\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptounplugged.ai\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptounplugged.ai\/blog\/wp-json\/wp\/v2\/comments?post=11801"}],"version-history":[{"count":1,"href":"https:\/\/cryptounplugged.ai\/blog\/wp-json\/wp\/v2\/posts\/11801\/revisions"}],"predecessor-version":[{"id":11804,"href":"https:\/\/cryptounplugged.ai\/blog\/wp-json\/wp\/v2\/posts\/11801\/revisions\/11804"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptounplugged.ai\/blog\/wp-json\/wp\/v2\/media\/11803"}],"wp:attachment":[{"href":"https:\/\/cryptounplugged.ai\/blog\/wp-json\/wp\/v2\/media?parent=11801"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptounplugged.ai\/blog\/wp-json\/wp\/v2\/categories?post=11801"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptounplugged.ai\/blog\/wp-json\/wp\/v2\/tags?post=11801"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}