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Getir Perakende Lojistik A.S.
Getir Perakende Lojistik A.S. is the operational holding company for Getir, the instant delivery platform founded in 2015 by Nazim Salur, Serkan Borançılı, and...
Getir Perakende Lojistik A.S.
Getir Perakende Lojistik A.S. is the operational holding company for Getir, the instant delivery platform founded in 2015 by Nazim Salur, Serkan Borançılı, and Tuncay Tütek. The wealth origin lies in the founders' prior success; Salur previously founded the Turkish ride-hailing app BiTaksi. The company scaled rapidly by offering 10-minute delivery of groceries and household goods via a network of dark stores. The strategy blends logistics automation with hyperlocal retail: Getir operates its own fleet of drivers, proprietary inventory management software, and a network of neighborhood fulfillment centers. Asset-class mix includes venture capital and growth equity, alongside real estate for dark stores. Confirmed markets include Turkey, the UK, Germany, the Netherlands, the US (withdrawn in 2024), and France (withdrawn in 2022). Named portfolio co-investors include Sequoia Capital, Tiger Global, and Silver Lake (per Bloomberg, 2022). The firm also launched a grocery delivery app called GetirSave and a food delivery service under the Getir brand. Getir raised over $1.8B in total funding (per Crunchbase, 2025). By late 2023, the company cut about 14% of its workforce and exited several European markets amid a broader pullback in instant-delivery valuations. In May 2024, Getir sold its US operations to a group of existing investors and announced a restructuring plan (per the Financial Times, May 2024). The firm maintains a significant presence in Turkey, where it continues to operate its core delivery business. Structurally, Getir Perakende Lojistik A.S. functions as a corporate holding entity distinct from a family office or traditional asset manager. Its capital structure relies on continuous venture funding rounds, making it sensitive to market conditions. The founders retain control through a dual-class share structure, and the firm has not disclosed plans to transition to a family office model.
General information
Firm type
other
Year founded
—
AUM
Undisclosed
Location
Region
Middle East
Country
Turkey
City
Istanbul
Corporate office
Istanbul, Turkey
Sector focus
Frequently asked questions
Who founded Getir and what is their background?
Getir was founded in 2015 by Nazim Salur, Serkan Borançılı, and Tuncay Tütek. Salur previously founded the Turkish ride-hailing app BiTaksi, providing some wealth origin and entrepreneurial experience in the mobility sector (per public record).
How does Getir's business model differ from traditional grocery delivery?
Getir relies on a network of dark stores—small, centralized fulfillment centers—to deliver groceries and household goods within 10 minutes. This model contrasts with traditional grocery delivery operated by supermarkets, which often use larger warehouses and longer delivery windows. Getir manages its own fleet of drivers and proprietary inventory software to enable rapid fulfillment.
Which markets does Getir currently operate in?
As of 2024, Getir operates primarily in Turkey, its home market, and retains a limited presence in the UK, Germany, and the Netherlands. The company exited the US in May 2024 and previously withdrew from France, Spain, Italy, and Portugal in 2022 and 2023.
Who are Getir's major investors?
Getir's investors include Sequoia Capital, Tiger Global, Silver Lake, and other venture and growth equity firms (per Bloomberg, 2022). The company raised over $1.8B in equity and debt before its 2024 restructuring.
What caused Getir to retract from several markets?
Getir experienced rapid expansion during the pandemic when demand for instant delivery surged, but as economies reopened, the company faced valuation declines and cash burn. High logistics costs and competition from incumbent grocers and other delivery players forced Getir to exit the US and several European countries in 2023–2024.
Is Getir Perakende Lojistik A.S. a family office?
No, Getir Perakende Lojistik A.S. is a corporate entity formed to run the Getir delivery business. It is not structured as a family office, although the founders may have personal investment vehicles separate from the company.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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