Dubai-based Camelan gets Y Combinator's backing for its peer-to-peer video-based marketplace
Published 31 Jan,2021 via MENAbytes - Dubai-based peer-to-peer video-based marketplace Camelan has received Y Combinator’s backing. It is part of Y Combinator’s ongoing Winter 2021 (YC W21) batch, the startup told MENAbytes today. Ziina, a Dubai-based fintech is also part of YC 21. It is the first time in the last few years to see two UAE startups making it to the same YC batch.
Founded in 2020 by serial entrepreneur Moustafa Mahmoud, Maha Refai, and Alsayed “Jimmy” Gamal, Camelan had initially started as a video classifieds app but has recently made changes like supporting in-app payment and offering delivery (using third parties); to become a peer-to-peer video-based marketplace.
It had started with one category; pets and that’s what it plans to continue focusing on for now, but has plans to become a multi-category video-based marketplace. Camelan’s decision to launch with one category is inspired by Amazon that had started in 1994 by selling books online, its co-founder and CEO Mousafa Mahmoud told MENAbytes.
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