Could This Online Retailer be the Next Zara?

Summary: Muslimarket will sell Muslim fashion products for men, women, and children, in addition to halal-certified home appliances, beauty products, and worship kits


Writer: Anisa Menur A. Maulani

Indonesian halal e-commerce platform Muslimarket has raised a Series A funding that puts the company’s value to around US$10 million, according to a report by Dealstreet Asia.

500 Startups, an unnamed local investment firm, and a few undisclosed individual investors participated in the round.

The company plans to use the funding for promotion, marketing, and expansion in their next stage of growth.

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