Used mobile phone and electronics marketplace with nationwide delivery.
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Mobile Masr is an Egyptian e-commerce platform that operates a used mobile phone and electronics marketplace. It was founded in 2021 by Wael El Ashry. The company offers a variety of payment options and nationwide delivery. Mobile Masr raised a $500,000 seed round from angel investors based in the UAE and Qatar, in collaboration with Intercap Capital Investment Bank. The startup will use the funds to scale its operations while expanding into new business categories and verticals.
| Date | Round | Amount | Lead |
|---|---|---|---|
| Feb 20, 2023 | $500K | — |