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African Startup Funding Tracker

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Egypt’s Digital Logistics Startup Khazenly Raises USD 2.5 Mn Seed Round
Egypt’s Digital Logistics Startup Khazenly Raises USD 2.5 Mn Seed Round

Khazenly, a Cairo-based on-demand digital warehousing and fulfillment platform, raises USD 2.5 Mn in a seed funding round. The round was co-led by Arzan Venture Capital and Shorooq Partners, with participation from Camel Ventures, Averroes Ventures, and various angel investors.

Khazenly is an on-demand digital warehousing and fulfillment management platform that provides an omnichannel solution to help merchants digitize their businesses. The startup allows merchants and social commerce retailers to optimize their fulfillment processes digitally when selling online (B2C), via retail stores (B2B), marketplaces, cross-border, or a combination of these channels.