Egypt's GoodsMart raises $3.6 million to grow its contactless grocery delivery platform

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Summary

Cairo-based grocery delivery platform GoodsMart has raised $3.6 million in fresh funds in a round led by Sawari Ventures, it announced today. Launched in 2014, GoodsMart enables users in West Cairo to order groceries using its mobile app. On the surface, it may look like any other grocery delivery startup but the overall user experience and operating model GoodsMart has is completely different. It also partners with real estate developers to install its delivery boxes across homes in different residential compounds, giving users the option to order groceries, medicines, and other products. ; listening to them was and will always be the secret recipe.” Hany El Sonbaty, the Managing Partner at Sawari Ventures, said, “The demand for online grocery delivery has been exponentially increasing.

$ Funding

$
Amount $3.6M Total raised
Date July 27, 2021 Announcement date
Investors - Lead investors
Company http://goodsmartegypt.com/ Funded company

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