Getir: Closes $300M Series C Funding; Valued at $2.6 Billion

  • Getir, an Istanbul, Turkey-based grocery delivery company, closed a $300m Series C funding round two months after finalizing its $128m Series B round
  • The Series C round was led by Sequoia Capital and repeat investor Tiger Global
  • The investment round included 7 out of 8 existing funds
  • The company, which now has a new valuation of $2.6B, also intends to use the funds to grow in Turkey and the UK and expand into three more European markets in the coming months
  • Getir delivers a selection of 1,500 everyday items to its customers in minutes, 7 days a week, day and night
  • The company, which has launched operations in London as of January 2021 also has sub-brands – GetirFood, GetirMore and GetirWater
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

Apple Strengthens Reach with Apple Pay Launch in India

Apple Pay expands its footprint, aiming to capture the Indian digital payments market.Highlights: Apple Pay officially launches in...

Brink’s Strengthens Position with $6.6B NCR Acquisition

Brink's expands its services through strategic acquisition of NCR's Atleos.Highlights: Brink's acquires NCR Atleos for $6.6 billion.The deal...

Barclays Strengthens Blockchain Payments Platform Discussions

Bank explores blockchain vendors for enhanced payment solutions.Highlights: Barclays explores blockchain technology for payments.Bank engages with various vendors...

Lloyds Tightens Bank Account Opening Process in Branches

The bank limits account openings amidst ongoing service updates.Highlights: Lloyds will restrict opening some bank accounts in branches.The...