Egypt-based Appetito acquires quick-commerce company - Lamma
2 Mins read
Since the beginning of the COVID-19 pandemic, and the lockdown that came after it, companies running e-commerce and delivery services have become…
The Food Lab, an Egyptian-based cloud kitchen platform, raises $4.5m to push its expansion
2 Mins read
The Food Lab offers full suite of end-to-end services, including cloud kitchen (kitchen as a service), procurements, cooking, delivery, and marketing.
Fintech startup - Khazna - raises $38 million to improve financial inclusion for under-banked Egyptians
2 Mins read
Egyptian financial sector has been experiencing an overhaul in the way the unbanked and under-banked citizens get financial inclusion. With about 50%…
Lucky, an Egyptian fintech startup, raises US$25 million in its series A funding round
1 Mins read
Egyptian-based Fintech company, Lucky, has closed a $25 million Series A funding round. Lucky, which was founded in 2018, is a super…
After raising $5m seed fund, Nawy set to introduce mortgage services for pre-owned properties
2 Mins read
Egyptian property technology start-up, Nawy, has positioned itself ready to take the future head-on. This bold move comes after the Cairo-based startup…
Egyptian Ride-sharing Startup - Swvl - to Merge with US-Based Queen's Gambit; Plans to List on NASDAQ
2 Mins read
Egyptian transport start-up Swvl has announced that it would be going into a merger with US-based acquisition company, Queen’s Gambit Growth Capital….
Egyptian Grocery Delivery Startup - GoodsMart - Completes US$3.6m Fundraise
1 Mins read
Cairo-based online grocery startup, GoodsMart has raised US$3.6 million in funding, led by Sawari Ventures. GoodsMart says the funds would be used…
Egyptian e-health startup - Yodawy - raises $7.5m Series B for its digital pharmacy market
1 Mins read
Two years after raising $1million, Egyptian leading e-health and online pharmacy benefits marketplace, has raised $7.5 million in a Series B funding…
DEAL: Egyptian B2B startup raises $40m to accelerate expansion
2 Mins read
MaxAB, Egypt’s leading wholesale food and grocery B2B startup has raised $40 million in Series A funding. MaxAB, founded in 2018, is…