Modanisa is an online modest female fashion retailer where we’re investors.
The company recently aired its first online video ad in English which targets an international audience. With over 65% of Modanisa’s revenue coming from outside of Turkey, this ad firmly establishes Modanisa’s position as an international e-commerce company.
Our portfolio company Modanisa is the world’s leading e-commerce site dedicated to female Muslim fashion.
The company recently shared a short video dedicated to the women that it serves. What’s unique about the video is that it features the participation of non-Muslim women who wanted to show their support for the active lifestyles of Muslim women.
Tapu, an online real estate auction marketplace where we’re investors, announced its new $1.2M funding round earlier this week.
The funding round which was led by existing investor Earlybird also included participation from existing investors Can Yucaoglu and Banu Kucukel.
Tapu has grown the number of online property sales that are completed on its marketplace to over 50 per month. Given the high price and lack of commoditization of these properties, that’s an impressive number.
Together with the new round, Tapu is well positioned to further grow this number by selling a greater number of properties on behalf of its existing partner banks while also attracting the properties of new business partners to its marketplace.
We value the continued support which our co-investors are showing the company and congratulate the Tapu team for their crisp execution and steady growth.
Buldumbuldum, a mass customized products marketplace serving both consumers and businesses where we’re investors, announced its latest funding round last week.
All of the existing investors of the company including Nevzat Aydin, Melih Odemis, Can Yucaoglu, Birol Yucel, and us participated in the round.
The round’s proceeds will go towards Buldumbuldum’s capex investments in new printing machines and towards attracting and serving its first international customers. We look forward to following the company’s progress on both fronts.
Sinemia, a monthly movie membership club and content site where we’re investors, recently launched its Facebook Messenger bot.
If you go to the Facebook Messenger app and search for Sinemia, you can chat with Sinemia’s bot to discover movie theaters close to you, browse movie screening times, and read articles about the movies.
Equally important, if you can’t find what you’re looking for by interacting with Sinemia’s bot, you can also request to be handed off to a human agent. This is a very important feature for bots which are in their early development stages to ensure that they’re able to respond to the full needs of the humans that they’re interacting with.
As a Sinemia member and regular user, I find the Sinemia app to be a more convenient way to reach the same information as that available through Sinemia’s Messenger bot. However, for people who don’t use the Sinemia app or who do but are looking for a different channel to reach the same information, Sinemia’s Messenger bot provides a great alternative.