What are the best startups in Egypt? What makes these companies unique from others? Here is everything you need to know!
Best Startups in Egypt
Egypt has one of the most favorable business ecosystems and fastest-growing startup industry. It consists of growing talent and a more than $1.5 billion value. Egyptian startups increased by 30% to 40% during the Covid-19 pandemic. Investors have spent more than $190 million on startup companies between 2020 and 2021. Today’s article will list the best startups in Egypt. Read on!
Trella is a Cairo-based startup company founded in 2019. Although Trella is a new company, it has quickly gained a reputation due to its innovative services. It has a team of professionals, including operational managers, SQL specialists, and software programmers.
Trella offers a digital platform for truckers to connect with freight loads. It has raised more than $42 million in equity between 2021 and 2022. The company makes substantial efforts to develop platforms that streamline the transport industry in Egypt.
Khazna is a Cairo-based technology startup in Egypt with a team of professionals with expertise in programming languages and software development. It also has brand managers and sales executives to help businesses streamline their brand reputation.
Khazna has developed an innovative app that offers mobile financial services to more than 20 million users in Egypt. Khazna has partnered with Masria Digital Payments and Abu Dhabi Islamic Bank to launch a prepaid card.
However, Brimore provides a social commerce platform for people across Egypt to start, run, and grow their businesses through virtual shops. The company aims to equip female entrepreneurs with essential tools to streamline business processes and sell their products or services for a higher profit.
Capiter is one of the best startup companies in Egypt. The headquarters of this company is in Cairo. The company hires people with expertise and skills in analytics, Java, and SQL database management.
Capiter offers a B2B eCommerce platform for sellers to optimize their online operations and generate higher investment returns. Moreover, the company CEO Mahmoud Nouh has made substantial efforts to make it the top startup in Egypt. More than 1,000 sellers use the company’s smartphone application.
Max AB is an eCommerce platform for retailers, enabling them to access products from various suppliers. The app also has innovative features that provide operational support to eCommerce businesses in Egypt.
There are many startup companies in Egypt. Most of them are based in Cairo, the capital city, but not all are the best. We have listed the top five startup companies in Egypt, offering innovative eCommerce, financial, software development, and network security services to businesses across the country. Until Next Time!
- Article based on personal opinion, experience and research.
- Photos from Unsplash & canva.