Tech start-ups in Kuwait

Kuwait Times - - LOCAL - By At­tor­ney Fa­jer Ahmed

Most of you have prob­a­bly heard the great suc­cess story of Tal­a­bat, and how a group of Kuwaiti stu­dents in Egypt de­cided to get to­gether and start one of the big­gest on­line plat­forms for restau­rants in the re­gion. They then sold Tal­a­bat for KD 80,000, and it was resold again after five years for KD 50 mil­lion. We also saw Car­riage suc­cess­fully emerge from Kuwait and com­pete with Tal­a­bat, which was also sold to a Ger­man VC firm for an es­ti­mated $100-200 mil­lion.

We have seen other apps in Kuwait that have the po­ten­tial to be as suc­cess­ful, like Yallawain, also from the food and bev­er­age in­dus­try. Yallawain is an app that has fea­tures such as lo­cat­ing a restau­rant near you, shar­ing menus and fa­vorite dishes with friends, and con­tact­ing restau­rants to pick up food or to book ta­bles. Mas­bagti is a laun­dry app that al­lows you to man­age your laun­dry, with pickup and drop off ser­vices.

I am re­ally proud of this young gen­er­a­tion that is ex­tremely cre­ative with es­tab­lish­ing busi­nesses, and I am re­ally proud to have many tech start-up clients.

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