Mazaya, an Egypt-based E-commerce platform for B2B customers, raised $5 million in Pre-SEED funding led by Raya Trade & Distribution. This subsidiary of Raya Holding for Financial Investments.
Mazaya allows merchants and retailers of electronic goods and appliances to purchase inventory from all major brands at affordable prices.
They also have access to value-added service. This funding will enable Mazaya Egypt to expand its operations and possibly enter new markets.
The startup will continue to offer merchants and retailers enhanced services that help them grow and facilitate their businesses.
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