Mazaya, raised $5 million in a Pre-SEED round under Raya Trade


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.

Read more Start Up Festival Malta returns! You must be there!

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.

Read more 10 Most Common Misconceptions to Avoid


Please enter your comment!
Please enter your name here

Share post:




More like this

ERP Modules: Types and Characteristics

Multiple options might be discovered while examining business management...

Agritech start-up Otipy is appointing Rohit Sood as its chief executive officer

Rohit Sood has been selected to be the chief...

Nykaa Q2: Profits up 333% year-over-year to the sum of Rs 5.2 crore Revenue up 39%

The second quarter in the fiscal year currently in...

Decentro is a fintech company has received $4.7M in the Series A round of capital

Funded by Y Combinator, a banking and payments API...