
Bosta for logistics raises pre-series B round to expand globally
Company launches operations in Saudi Arabia
Company launches operations in Saudi Arabia
The new appointment enhances the electronic growth journey of SMEs.
Bosta targets to deliver 15 million parcels in 2022
Company plans to expand into Dubai, Saudi Arabia by 2021 end
This marks DPDgroup’s first ever investment in Egypt, a country whose potential is clearly recognised. DPDgroup will bring all its support to help Bosta become one of the leading parcel operators in Egypt with a minority stake in Bosta.
Cairo Angels, a global network of angel investors focused on supporting startup opportunities in Egypt, the Middle East, and Africa, announces its investment in Bosta, according to a statement. Bosta, a logistics tech startup based in Cairo is an on-demand delivery platform that allows customers to send, receive, and track deliveries at the push of …