Egypt-based Mazaya raised $5 million Pre-SEED round led by Raya Trade & Distribution

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Egypt-based B2B E-commerce marketplace Mazaya raised $5 million Pre-SEED round led by Raya Trade & Distribution, a subsidiary of Raya Holding for Financial Investments.

Mazaya offers retailers and merchants of electronic goods and home appliances the ability to procure inventory for their stores from all major brands at competitive prices through the Mazaya App, as well as access to value-added services. This round will allow Mazaya to scale its operations in Egypt and potentially expand into new markets and verticals. With the goal of positioning Egypt as a leading technology hub, the startup will continue to provide retailers and merchants with enhanced and effective services to help them facilitate and grow their businesses.

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Egypt-based Mazaya raised $5 million Pre-SEED round led by Raya Trade & Distribution

Egypt-based B2B E-commerce marketplace Mazaya raised $5 million Pre-SEED round led by Raya Trade & Distribution, a subsidiary of Raya Holding for Financial Investments.

Mazaya offers retailers and merchants of electronic goods and home appliances the ability to procure inventory for their stores from all major brands at competitive prices through the Mazaya App, as well as access to value-added services. This round will allow Mazaya to scale its operations in Egypt and potentially expand into new markets and verticals. With the goal of positioning Egypt as a leading technology hub, the startup will continue to provide retailers and merchants with enhanced and effective services to help them facilitate and grow their businesses.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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