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"We Got Funded!" Cairo-Based E-Commerce Platform Brantu Raises Raised An Undisclosed Series A Round Led By Sawari Ventures


We Got Funded! Cairo-Based E-Commerce Platform Brantu Raises Raised An Undisclosed Series A Round Led By Sawari Ventures
Entrepreneur
12/15/2020
© Brantu
Mohamed Rizk and Fredrik Granström, co-founders, Brantu
We are changing the Egyptian consumer habit of buying fashion online.” Mohamed Rizk, co-founder of Egyptian e-commerce platform Brantu, encapsulates the core mission of his firm in this single statement. Launched in July 2019 by Mohamed Rizk and Fredrik Granström, Brantu is a mobile-first fashion platform that enables local and global fashion brands to reach Egyptian consumers without the hassles of extended delivery time and additional costs that are often typical of international, cross-border websites. “Egypt has a large population of approximately 100 million with very limited options,” explains Rizk. When locals order from abroad, the orders tend to take between three to six weeks, and there’s the unknown additional amount to custo ....

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