Egypt’s E-commerce Enabler zVendo Raises Pre-Series A Investment

zVendo, an Egyptian eCommerce SaaS solution provider, has successfully closed a Pre-Series A funding round of an undisclosed amount from Mobica and Gratus Holding. The startup intends to use the new cash to improve its platform capabilities and grow its geographical footprint.

Founded in 2018, the startup was created to meet the booming E-commerce market in Egypt, the Middle East, and Africa. zVendo was created to allow businesses to begin their online sales journey through several localized channels in the blink of an eye, without requiring any technological expertise.