The e-commerce market in Egypt is expected to grow 30% to $7.5 billion this year, spurred by a growing number of younger shoppers and rising incomes. Local merchants are essential in driving this growth, and solving their logistical and operational needs end-to-end is where new upstarts in Egypt notice the most opportunity. Khazenly, founded in […]
The e-commerce market in Egypt is expected to grow 30% to $7.5 billion this year, spurred by a growing number of younger shoppers and rising incomes. Local merchants are essential in driving this growth, and solving their logistical and operational needs end-to-end is where new upstarts in Egypt notice the most opportunity. Khazenly, founded in […]
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April 4, 2021 4 min read Opinions expressed by
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Citron, a Dubai-based startup offering distinctive mealtime products to children and families, has successfully received pre-Series A funding from Arzan Venture Capital. A boost to female-founded businesses and direct-to-consumer business models, the funding is a “sizeable seven-figure dollar” investment, according to its release, and will be used to further growth and product development.
Launched by Sara Chemmaa in 2017, Citron sought to fill a need in the market for stylish and leakproof lunchboxes. Initially starting with one single product, the homegrown startup has sold more than 100,000 items, with its release stating that the company has experienced a 200% year-on-year growth.