Egyptian e-commerce startup Teegara secures pre-seed funding round for expansion.

By
Weddy Thuranira
-
0
658

Teegara, a Cairo-based e-commerce startup, has secured a five-figure pre-seed follow-on investment round to help fund its early growth.

Teegara is a B2B2C e-commerce marketplace founded in 2019 by Ahmad Kayyali and Nader Ibrahim, with Ahmed Samir as the first investor. It seeks to help everyone trade, starting with small retailers and social e-commerce merchants.

Teegara simplifies the purchase process and connects a broad pool of vendors and merchants through its digital platform.

The startup’s pre-seed funding round is led by the Alexandria Angels Network, as well as angel investors from Saudia Arabia, Egypt, and the Netherlands.

“This is the era of B2B and social e-commerce, with millions of online merchants and small retailers. This market is eager for the kind of value that Teegara provides,” said Kayyali.

Trending
Jumia Adds Over 20,000 Items into its Fashion Store

Co-founder of Alex Angels Loay El Shawarby said Teegara was perceived by many angel investors to be the rising star of B2B2C e-commerce in Egypt, and soon the region at large.

“The team is brilliant and their expertise is immense. Their combined talent and maturity would surely turbocharge Teegara to meteoric growth! On behalf of Alex Angels, I am happy to announce our joining of Teegara’s pre-seed round. We look forward to partaking in Teegara’s growth journey,” he said.

Advertise on TechMoran.com — reach founders, innovators, and decision-makers

Promote your product, event, press release, or launch a report to a highly engaged tech and business audience. You can also take over our homepage for premium visibility and sponsor our monthly #TechNight events and podcasts and annual StartupEast Conference & Awards to maximize brand exposure.

Beyond reach and visibility, we have over ten years of experience in SEO-driven digital publishing and we are the best in the SEO market at helping brands grow organic visibility through high-quality editorial backlinks and strategic content placement. We are here to help you improve your search rankings and long-term discoverability. We also help improve AI discoverability, ensuring your brand is more visible across emerging AI-powered search and recommendation systems.

Your campaign will also be extended across TechMoran, BusinessTech.co.ke, and AfricanWomenNetwork.net, including their newsletters, giving you wider reach and engagement across East Africa’s leading digital audiences. Be part of the region’s biggest tech and business platforms monthly, quarterly, and annually.

Contact Sales