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 mid-2021, is one such startup. It is announcing that it has raised $2.5 million in seed funding.
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