Egyptian Logistics Startup Tayary Raises Pre-seed Funding
Egyptian an online logistics and distribution startup Tayary has raised pre-seed funding from AUC Angels, Alex Angels, and Cairo Angels,
Launched in 2017, Tayary supports both B2B and B2C models for order fulfillment. The Alexandria-based startup has built its own in-house order-tracking tool, enabling companies and individuals to send and receive orders in an inexpensive and effective way.
The startup’s services include online food ordering, B2B delivery systems, and grocery and pharmacy deliveries. During the lockdown, Tayary Go was launched by the startup to help customers receive goods they’ve purchased while staying safe.
The CEO of Tayary, Amr Abdelfattah said, “At Tayary, we work hard to maintain a solid user experience. Along with our vendor partners, we ensure that a wide variety of restaurant choices are available to our users.
We continue to strive to provide more delivery solutions to a wider range of user base, both to B2B and B2C. In 2019 we released our vendor on-demand delivery app, which enables restaurants to access riders in their range and deliver their own orders, we serve a wide range of business starting from multinationals like McDonald’s, Pizza Hut, and Hardee’s to single local restaurants.”
Tayary will deploy the pre-seed funding towards reaching more areas, growing its team and increasing its client base via immense marketing efforts.
This is not the first combined investment by the three angel investment networks. Last year, Cairo Angels, Alex Angels, and AUC Angels invested in ElGameya, a fintech mobile application.
Appeal Court Dismisses PDP’s Suit Against Tinubu, Shettima
The Court of Appeal in Abuja has dismissed an appeal by the Peoples Democratic Party (PDP)…