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Fast delivery application Getir is in talks to get over $ 100 million in investment from investors of domestic and foreign funds to finance its growth in the UK.

Two sources close to the subject stated that the total valuation of the company was set at over $ 800 million in the funding round called series B.

Sources stated that the funding results will be announced within a few weeks and the company has agreed in principle with the investors.

A source with information on the subject said, “In principle, many local and foreign funds have reached an agreement for the B round. An investment of more than $ 100 million is being negotiated. There are world-renowned funds.

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The same source said Getir’s UK operations will start within a few weeks.

Another source said, “Return will receive serial B funding in a week or two. They will support growth in the UK.

Fetch including the three largest cities in Turkey operating in 10 cities, since the middle of last year in London doing the hiring. According to previous statements, the company also wants to start operations in São Paulo, Paris and Mexico City.

Getir received $ 38 million in investment from Brazilian and Turkish investors, including one of Sequoia Capital’s partners, Michael Moritz, in January last year.

Source: Reuters



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