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GoodsMart Cairo based online shopping platform secures US$3.6 million for expansion.

GoodsMart, a cairo based online shopping startup has secured US$3.6 million funding aimed at  accelerating its expansion and as well grow its team . The round was led by Sawari Ventures .

GoodsMart offers its clients access to order a wide variety of products covering almost everything their households need through its smart app and reliable daily delivery system of the orders while ensuring their safety through its innovative unattended delivery solutions.

The startup works with various suppliers to fulfill customer orders and partners with real estate developers to install its delivery boxes across homes in different residential compounds, giving users the option to order groceries, medicines, and other products.

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When a user signs up on the platform, GoodsMart installs a delivery box at their doorstep thus they order groceries using its mobile app and the orders are delivered between midnight and 6 am so the users find the groceries in the box when they wake up in the morning. The customers can also use the option of recurring orders to receive certain products on a regular basis.

The company which is currently present in West Cairo is seeking to expand to East Cairo, having successfully closed various deals with different suppliers and real estate developers.

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In 2019 the startup managed to secure funding from Algebra Ventures following which it has been working to improve its shopping experience over the last two years and it has since added 100 suppliers , launched a marketplace section , as well as added more features such as the option of recurring orders and the ability to add multiple user accounts per household.

“We started in 2014 with a vision to re-invent grocery shopping. Our biggest success is the emotional bond we managed to create with our clients – listening to them was and will always be the secret recipe,” said Amr Fawzi, chief executive officer (CEO) and founder of GoodsMart, said.

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Milcah Lukhanyu
Milcah Lukhanyu
Milcah Lukhanyu covers daily news briefs at TechMoran. She is the person who will probably read your press release and get the story out of it or totally trash it. Send tips to [email protected]

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