| Founded | 2021 |
|---|---|
| Closed | 2023 |
| Country | UAE |
| Sector | Ecommerce |
| Collapse type | Silent Shutdown |
Opontia
"MENA e-commerce brand aggregator that acquired and scaled third-party marketplace sellers across Amazon and Noon in the Middle East"
Quiet closure with no public announcement
Key Events Timeline
Opontia raised $42 million from Presight Capital and others to build the MENA version of the Thrasio model — acquiring profitable third-party marketplace brands on Amazon and Noon, then scaling them through operational improvements and marketing.
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