45171
TAN HOLDING SAL
Aug 23, 2021
Lebanon
Middle East
Sep 24, 2021
B - Limited
Active
Nov 24, 2022
Equity Portfolio Management
Tourism, Retail and Property
Approved : Mar 1, 2022
Signed : Jul 22, 2022
Invested : Nov 22, 2022
Retail (Including Supermarkets, Grocery Stores, etc.)
Founded in 2017, Toters (“TAN (Holding), Sal” or the “Company”) is an on-demand delivery platform operating in Lebanon and Iraq. The Group offers grocery, food, and convenience product delivery from a wide variety of more than 2,000 partner restaurants, coffee shops, bakeries, grocery stores, electronic stores, para-pharmacies, and flower shops, etc. via a Toters’ network consisting of thousands of couriers.
IFC is considering an equity investment of US$5 million in Toters. The funding will primarily be used to expand the Group’s operations in Iraq.
There are no Advisory Engagements associated with this investment
For Inquiries About the Project, Contact
For Inquiries and Comments About IFC, Contact
Local Access of Project Documentation
1st Floor, Zardman Building, Jal El Dib Main Road, Jal El Dib, Lebanon