Namshi Receives $13 Million More From Summit Partners
Rocket Internet-backed Namshi has received $13 million in funding from Summit Partners, according to TechCrunch. Namshi is an eCommerce fashion site based in the Middle East which TechCrunch deems as a “Zappos clone.” Namshi was started back in 2012 and sells its products in six countries, namely U.A.E., Saudi Arabia, Qatar, Kuwait, Oman and Bahrain. The company has raised $34 million to date, $14 million of which have come from two funding rounds from Summit.
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