Pazardan Receives $175K Seed Investment

While online shopping is becoming more common day by day, Pazardan has moved the stalls in the neighborhood markets to digital shopping. Pazardan has completed its first round of investment in the seed stage. Marketplace application shared that they received an investment of $176,670 (3.1 million TL) in the round. The app has taken an important step in its growth journey.

With the changing user behaviors, different vertical startups are being implemented in the Turkish e-commerce ecosystem. Many needs in our daily lives such as clothing, electronic goods and food are met through digital platforms. The Turkish application Pazardan, which carries the counters in the district market to digital, is expanding its field of activity with the investments it has received. Pazardan was founded in 2021 by Burak Sıraç, Bora Gündüz and Okan Tübek. OTTO Holding completed the seed round with an investment of $176,670 (TL 3.1 million) with the joint participation of My Company Partner Angel Investor Network, Keiretsu Melek Investment Network and VeVentures. Pazardan aims to improve its product and business model with the investments it has received. In this way, he announced that he will deliver daily fresh fruits and vegetables to the wider consumer community, based in Istanbul.

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Pazardan Will Change the Concept of “freshness” in the Segment

Pazardan Co-Founder and CEO Burak Sıraç stated that they created a new segment and experience in the online shopping trend with their Apps. He shared the following information about his first investment round:

A Mass of Investors Empowered Pazardan's Capabilities

Evaluating the investment process, Pazardan CEO Burak Sıraç said:

Pazardan Will Create Different Business Models Under the Roof of Fresh Products

Burak Sıraç said that with investments, they will strengthen their product and service muscles in many ways. He also conveyed his goals in the following words: