Investment in Mena start-up Homzmart rises to $40m after latest round
The company will use the new funding to expand services, especially logistics, and fill gaps that appear in supply chains
Source: khaleejtimes.com
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Investment in MENA e-commerce start-up Homzmart rises to $40 mln after latest round
Furniture and home goods e-commerce platform Homzmart has closed one of the past year’s biggest funding rounds for a Middle Eastern and North Africa
Source: alarabiya.net
👨🏿‍🚀TechCabal Daily – Increased SMS cost
Nigeria to increase cost of call and sms cost with new 5% excise duty, VC fund Oui Capital launches $30 million fund for Africa startups, Egypt-based Homzmart raises $23 million, TikTok’s parent company is building a music streaming app.
Source: techcabal.com
Homzmart raises $23 million pre-Series B round
Egypt-based furniture and home supplies marketplace Homzmart, has raised a $23 million pre-Series B round from STV, Impact46, Outliers...
Source: wamda.com
Leading Egyptian Furniture and Home Goods Marketplace Platform Beefs Offering with German Tech
Egyptian startup Homzmart has announced the acquisition of Berlin-based technology company MockUp Studio as it bids to add to its product offering.
Source: iafrica.com