Hoopla
Changing the way of doing business in traditional trade in Turkey!
Changing the way of doing business in traditional trade in Turkey!
Hoopla is a technology platform transforming the traditional trade landscape in Turkey. The company aims to empower FMCG retailers through innovative commerce and fintech solutions, while also improving product availability and distribution for brands, manufacturers, and distributors. By offering credit payments, flexible order quantities, and delivery schedules, Hoopla enhances retailers' working capital structure and cash flow. Additionally, it provides technology solutions to drive consumer campaigns and increase off-take in the traditional trade and grocery channel. Established in 2021 and headquartered in Turkey, Hoopla recently secured a $1.35M Seed Round investment from REM People on 22 August 2023. The startup's dedication to supporting the survival and growth of groceries and small/medium markets in the competitive retail environment reflects its commitment to reshaping the traditional trade operations.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Seed Round | $1.35M | 1 | REM People | 22 Aug 2023 |
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