B2B tech platform Grinta raised $8 million in SEED co-led by Raed Ventures and Nclude

November 22, 2022

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Cairo-based Fintech-enabled B2B tech platform Grinta raised $8 million in SEED co-led by Raed Ventures and Nclude where other investors include Silicon Valley-based Endeavor Catalyst and 500 Global also participated.

Grinta is a managed marketplace that empowers independent pharmacies to modernise the pharmaceutical supply chain. Grinta is collaborating with all value chain stakeholders, including manufacturers, distributors, wholesalers, and pharmacies, to create a data-driven, dependable, and efficient pharmaceutical supply chain. The investment will be directed toward scaling Grinta’s full-stack tech platform, expanding the team, and accelerating growth across the Egyptian market by the Fintech-enabled B2B tech platform digitising the pharmaceutical supply chain.

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