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It is rare to find one-stop shops, especially large offline ones, that can adequately cater to the needs of consumers in the MENA region. Home goods and furniture marketplaces have launched in the last three years around the region to meet this need. Egypt Homzmart is one such, and today the company is announcing it has closed its $15 million Series A investment.The company was founded in 2019 by Mahmoud Ibrahim and Ibrahim Moham
salomonschuhe ed, but it didn ;t launch until the first quarter of 2020. This round of financing follows a $1.3 million seed investment raise
salomon x ultra 4 d in February last year. According to the company, this brings the total amount raised to $17.2 million.聽China MSA Capital, one of the investors in Homzmart seed round, co-led this Series A investment alongside Nuwa Capital. Other participating investors include EQ2 Ventures, Impact46, Outliers Venture Capital and Rise Capital.The furniture industry i
samba shoes n Egypt has been historically characterized by poor access