Middle East: iKcon, a regional tech-enabled cloud kitchen platform, has been awarded the ‘Cloud Kitchen Business Of The Year’ award at this year’s E-Business Awards 2021, hosted by Entrepreneur Middle East. iKcon was selected as the winner based on a number of criteria including growth in the past year, market penetration, quality of service, and advanced technology amongst others.
iKcon has grown rapidly since its inception in Dubai in early 2019 with the aim to address the growing demand for food delivery across the Middle East. The company has successfully raised total funding of $32M, of which $20M came from its recent Series A round. The company currently operates 17 cloud kitchens across the UAE and KSA and is led by Khalid Baareh (CEO) and Kareem Abughazaleh (COO).
Khalid Baareh, Co-Founder and CEO, said: “We would like to thank Entrepreneur Middle East for hosting us at this prestigious event and recognizing iKcon for this award, which is a great testament to our team’s relentless efforts and our supportive shareholders. We look forward to building on this success in the years ahead to become the region’s leading and most technology-based cloud kitchen platform.
In-line with iKcon’s continuous growth, the team has brought onboard Carl Hamod as Chief Strategy Officer. Carl brings deep management consulting and strategy experience having spent 12 years with Booz&Co. Most recently, Carl was the head of strategy for one of Saudi Arabia’s leading consumer and retail conglomerates, F. AlHokair. Carl will lead iKcon’s strategy and development, which is rooted in technology development and geographical expansion amid the booming demand in food delivery.
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© Press Release 2021