When was InstaShop founded?

InstaShop was founded in 2015 and raised its 1st funding round 1 year after it was founded.

Where is InstaShop located?

InstaShop is headquartered in Dubai, United Arab Emirates.

Who is the current CEO of InstaShop?

John Tsioris and Billy Mauro s of InstaShop.

How many employees does InstaShop have?

As of Jul 31, 2026, the latest employee count at InstaShop is 1635.

Is InstaShop a funded company?

InstaShop is a funded company, having raised a total of $750K across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on 2016.

When was the latest funding round of InstaShop?

InstaShop's latest funding was a $***** Seed round on Oct 31, 2016, with participation from 1 investor. Its primary sector is Online Grocery. Globally, the Online Grocery sector has seen $1.11B in funding in 2026 to date.

Where does InstaShop rank among its competitors?

InstaShop ranks 1st amongst 85 active competitors, of which 3 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Quickart, which secured $1.5M in Feb, 2026.

Who are the top competitors of InstaShop?

InstaShop's top competitors include Barakat, Kibsons International and Yallamarket. Among them, Quickart secured the most recent funding round in February, 2026.

InstaShop - 2026 Company Profile, Team, Funding & Competitors

Q: Is InstaShop an acquired company?

InstaShop got acquired by Talabat.com on Sep 01, 2024.

Company Details

Online platform of multi-category grocery products. Its product offerings include fruit & vegetables, seafood & meat, bakery products, and more. It also offers pet products, cosmetic products, flowers, medicine, and more. Its features include in-app payments, scheduled delivery, and more.

Website: instashop.com
Social
Email ID: *****@instashop.ae
Phone Number: +971 **********

Key Metrics

Founded Year

2015

Location

Dubai, United Arab Emirates

Stage

Acquired

Total Funding

$750K in 2 rounds

Latest Funding Round

Seed, Oct 31, 2016, $*****

Investors

Souq & 2 more

Ranked

1^st among 85 active competitors

Employee Count

1,635 as on Jul 31, 2026

Investment & Acquisitions

GROCART

Similar Companies

Shipt & 1267 more

Exit Details

Acquired by Talabat.com (Sep 01, 2024)

View InstaShop's full profile

InstaShop got acquired by Talabat.com on Sep 01, 2024 at an acquisition amount of $*****.

Click here to take a look at InstaShop's acquisition in detail

InstaShop has raised a total funding of $750K over 2 rounds. Its first funding round was on 2016. Its latest funding round was a Seed round on Oct 31, 2016 for $*****. 1 investor participated in its latest round. InstaShop has 3 institutional investors.

Here is the list of recent funding rounds of InstaShop:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 31, 2016	5210653	Seed	4257923	4222131	2874850	4998000
2016	4686	Seed	5260	2327	Venture Friends	5928

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View details of InstaShop's funding rounds and investors

The founders of InstaShop are Mayank Garg, John Tsioris, Billy Mauro and Chris Quinn.

Here are the details of InstaShop's key team members:

Mayank Garg: Co-Founder of InstaShop and founder of 1 other company.
Contact Info: 1 email address
John Tsioris: Co-Founder & CEO of InstaShop and founder of 1 other company.
Contact Info: 1 email address
Billy Mauro: Co-Founder & CEO of InstaShop.
Chris Quinn: Co-Founder & COO of InstaShop.

View details of InstaShop's Founder profiles and Board Members

InstaShop's employee count trend

InstaShop has 1,635 employees as of Jul 26. Here is InstaShop's employee count trend over the years:

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Top competitors of InstaShop include Barakat, Kibsons International and Yallamarket. Here is the list of Top 10 competitors of InstaShop, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	InstaShop 2015, Dubai (United Arab Emirates), Acquired	Online platform of multi-category grocery products	$750K	Venture Friends, Souq & 1 others	68/100
2nd	Barakat 1976, Dubai (United Arab Emirates), Unfunded	Online retailer offering food products	-	-	56/100
3rd	Kibsons International 1980, Dubai (United Arab Emirates), Unfunded	Online retailer offering multi-category grocery products	-	-	50/100
4th	Yallamarket 2021, Dubai (United Arab Emirates), Seed	Online platform offering multi-category grocery products	$10.5M	Dubai Angel Investors, Flyer One Ventures ... & 7 others	49/100
5th	El Grocer 2015, Dubai (United Arab Emirates), Acquired	On-demand grocery delivery app	-	Sheraa	43/100
6th	QualityFood 2016, Dubai (United Arab Emirates), Unfunded	Online marketplace for grocery products	-	-	40/100
7th	1004 Gourmet 2008, Dubai (United Arab Emirates), Unfunded	Retailer of Asian food, groceries, personal care, and household products	-	-	36/100
8th	Casinetto 2009, Dubai (United Arab Emirates), Unfunded	Online retailer of Italian food items	-	-	35/100
9th	Labaiik 2021, Abu Dhabi (United Arab Emirates), Unfunded	Online platform offering grocery and food supplies	-	-	32/100
10th	Quickart 2022, Dubai (United Arab Emirates), Seed	Online retailer offering multi-category grocery products	$1.6M	Orbit Ventures & 7 others	31/100