Egypt-born ride-hailing company Swvl is laying off 32% of its entire workforce. The company is also reducing its overhead costs and taking voluntary salary deductions from top management. Read more in #TCDaily.
Egypt-born ride-hailing company Swvl is laying off 32% of its entire workforce. The company is also reducing its overhead costs and taking voluntary salary deductions from top management. Read more in #TCDaily.
Egypt’s online pre-owned car retailer, Sylndr, has raised $12.6 million in a pre-seed round led by RAED Ventures, Algebra Ventures, Nuwa Capital, 1984 Ventures, Worldwide Founders Capital, and a few other regional and global angel investors. Read more in #TCDaily.