EXCLUSIVE-UK start-up HalalEat turns down 104,314 pound crowdfund for sole investor
Photo: L-R - HalalEat founder and CEO Abul Rob, sales manager Ali Hassan, and co-founder Musa Ahmed. Courtesy HalalEat
UK start-up HalalEat has turned down the 104,314 British pounds ($140,225) it crowdfunded from around 160 investors to go with a single investor whose contacts will give it a ‘more assured’ international expansion into the United States, founder and CEO Abul Rob told Salaam Gateway.
Pakistani investor Mian Ali, who is founder and chairman of Lahore-based outsourcing company TransData, is backing UK’s first on demand halal takeaway platform with “substantially more” than what the start-up raised on crowdfunder Seedrs, said Rob, declining to reveal the exact investment amount.
“We’ve got access to the money through him, as in the same amount [that we raised on Seedrs], if not more if we need further liquidity and to grow the business,” Rob said.
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