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The Egyptian startup ecosystem has started to slowly but surely emerge from the depths, with a lot of young Egyptians and expats trying to grow their idea into a fully-fledged business. Beginning 2009, Egypt saw an exponential increase of e-services and e-commerce that enabled us to better connect with the global market. We have created a list of the top 8 Startups in Cairo.
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Best Startup companies in Cairo
1. Halan
Halan is a ride-hailing application that provides two and three-wheeler vehicle rides and on-demand logistics. The application also caters to businesses, offering smart-tech last-mile delivery through their integrated smart services using motorcycle and tricycles. It allows customers to request motorbike or tuk-tuk rides, or order food or goods fordelivery via motorbikes or cargo tricycles.Halan also offers on-demand logistics solutions to support large organizations and small businesses alike in their distribution and supply chain. It also provides convenience and safety, while for the driver it offers incremental business. The application has delivered partnerships with fast-food chains like McDonald’s, KFC and Pizza Hut in Egypt.Halan was founded in November 2017 and is based in Cairo, Al Qahirah, Egypt.
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Website: https://www.halan.com/
Founded: 2017
Total Funding: $146.4M
Last Funding Type: Venture - Series Unknown
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2. Paymob
Paymob is a regional digital payments enabler that builds payments infrastructue technologies empowering the underserved with access to financial services. Paymob is bridging the financial inclusion gap in MEA region by enabling businesses of all sizes to benefit from the power of digital payments and what it unlocks.Paymob was founded in 2015and headquartered in Cairo, Egypt.
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Website: https://www.paymob.com/
Founded: 2015
Total Funding: $68.5M
Last Funding Type: Series B
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3. Brimore
Brimore is a social commerce platform connecting emerging brand owners with a network of resellers who market and sell their products using social media.
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Website: http://www.brimore.com/
Founded: 2017
Total Funding: $56.3M
Last Funding Type: Series A
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4. Khazna
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Khazna’s super app caters to 50% of Egyptians who are active smartphone users and lack access to formal financial services. Khazna currently offers General Purpose Credit, Buy Now Pay Later (BNPL), and Bill Payment. The company’s vision is to digitize cash transactions across Egypt and beyond.
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Website: https://www.khazna.app/
Founded: 2019
Total Funding: $47.6M
Last Funding Type: Series A
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5. MoneyFellows
MoneyFellows is a collaborative group lending and savings platform. MoneyFellows gives individuals access to interest free credit and better saving achievements, all fully powered by just their social network.
Website: https://moneyfellows.com/
Founded: 2018
Total Funding: $42.1M
Last Funding Type: Series B
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6. Homzmart
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Homzmart is an e-commerce platform that sells home furniture, home décor, lighting, and home supplies. The company specializes in the fields of home improvement, eCommerce, home directory, technology, and home shopping. It was founded in 2019 and headquartered in Cairo, Al Qahirah.
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Website: https://www.homzmart.com/
Founded: 2020
Total Funding: $40.2M
Last Funding Type: Venture - Series Unknown
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7. ArabyAds
ArabyAds is the owner of a performance marketing firm which goal is to strengthen e-commerce marketing.The company provides a variety of marketing platforms and services, including lead generation, sales promotion, customer acquisition, market testing, internet marketing, product display, and others.ArabyAds was established in 2013 by MohammadKhartabil in Cairo, Al Qahirah.
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Website: http://arabyads.com/
Founded: 2013
Total Funding: $36.5M
Last Funding Type: Series A
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8. Yodawy
Yodawy is an online pharmacy and insurtech startup that allows customers to order pharmaceuticals and cosmetics via a mobile app and have those delivered through a network of 500+ pharmacies across Egypt. Insurance and copayment benefits are automatically applied with four major insurance carriers onboarded thus far and more in the pipeline.
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Website: http://yodawy.com/
Founded: 2018
Total Funding: $30.5M
Last Funding Type: Series B
