Kitopi launches its first kitchens in Bahrain and Qatar
Now Reading
Kitopi launches its first kitchens in Bahrain and Qatar

Kitopi launches its first kitchens in Bahrain and Qatar

The company, which turns four this month, will set up operations in Malaysia and Singapore next

Kitopi is celebrating a double milestone this month with two new market launches in Bahrain and Qatar, as it completes four years in the region. With the newly-launched kitchens, Kitopi now serves five markets across the GCC.

The cloud kitchen platform has also announced it will establish its presence in Singapore and Malaysia in the second half of the year.

In July last year, Kitopi announced its $415m Series C funding round, led by technology-focused investment fund, Softbank Group Corp’s Vision Fund 2. The investment – the fund’s first in a UAE-headquartered company – propelled Kitopi to the hallowed ‘unicorn’ status.

Read: Dubai cloud kitchen Kitopi becomes a unicorn after new $415m funding led by SoftBank

The company, which initially focused on on-demand food delivery, has now expanded its offerings to include meal plans and dine-in concepts. Kitopi’s growth strategy has also seen it invest in several leading food companies. It plans to invest up to $1bn in the next two years to develop and expand a network of the best local, regional and international brands that have synergy with its operating platform.

The company will continue to support licenced brands alongside its portfolio of invested brands.

Mohamad Ballout, co-founder and CEO of Kitopi, said, “Our commitment involves not only expanding our reach across countries and regions, but diversifying our offerings for customers. This means not only giving our customers access to the best brands and cuisines, but reaching them in ways that cater to different needs, preferences and lifestyle choices.”

He added: “As we expand our global reach, we are setting our sights on creating possibilities in the F&B and food technology space beyond what we know as possible today, and we are not looking back.”

Watch: Beyond the Covid-19 crisis: In conversation with Mohamad Ballout, CEO, Kitopi

You might also like

© 2021 MOTIVATE MEDIA GROUP. ALL RIGHTS RESERVED.

Scroll To Top