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Wednesday, May 8, 2024 23:55 GMT
UAE-based omni-channel food and beverage company, KRUSH Brands, raised US$4.5 million in a pre-series A funding round by Skelmore Holdings. The funding is aimed at the company’s recently launched marketplace, Locale, which is an ecosystem for food-preneurs.The brand will use its funding to grow Locale’s proprietary portfolio into a food-preneur group of around 20 innovative brands as well as boost its technology operations, MAGNiTT reported.