Instashop

Acquired

Dubai, United Arab Emirates · Founded 2015 · $750K raised

Headquarters
Dubai
Employees
51–200
Founded
2015
Business Model
Marketplace
Total Funding
$750K
Last Round
$750K SeedMar 2016
Rounds
1
Acquired by
Delivery HeroAug 2020

About

InstaShop was a Dubai-based on-demand grocery delivery marketplace founded in June 2015 by Greek entrepreneurs John Tsioris and Ioanna Angelidaki. Operating across five markets — UAE, Lebanon, Egypt, Bahrain, and Greece — the platform connected consumers with local retailers for delivery of groceries, pharmacy items, and household supplies. InstaShop reached approximately 500,000 users and generated around $300 million in GMV before being acquired by Delivery Hero for $360 million in August 2020. In February 2025, Delivery Hero subsidiary Talabat acquired InstaShop for $32 million and absorbed it into its operations.

Summary

Instashop is an E-Commerce company based in Dubai, United Arab Emirates, founded in 2015. It has raised $750K in total across 1 round, most recently a $750K Seed round in Mar 2016. Investors include Delivery Hero, VentureFriends and Jabbar Internet Group.

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Funding History

AcquisitionAug 2020
$360.0M

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Full funding history, per-round amounts, and investor participation.

Investors

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