Grubtech, a UAE-based tech and cloud kitchens management solutions provider has announced plans to launch operations in the Egyptian market through opening its office in Cairo.
The move comes after successful operations in 17 markets globally. Last year, GrubTech raised $13 million in a Series A round led by Addition and backed by Ventures and Hambro Perks Oryx Fund.It now plans to inject 5 USD million in the Egyptian market over the coming 12-18 months, eyeing Egypt to be its hub to the African market, according to El-Fayed.
“I am so pleased for launching our operations in Egypt, which is one of the most important markets in the region. Food and beverages sector in Egypt is moving on in terms of digitization and growth. There is a huge number of restaurants in the local market serving a large segment of the country’s population, which is a great opportunity for Grubtech to serve its clients through availing an easy-to-use integrated system”, said Mohamed El-Fayed, Co-Founder and CEO of Grubtech.
El-Fayed pointed out that commencing Grubtech work in Egypt is a part of the company’s operations expansion plan, adding that Egypt has a significant number of restaurants that offer online ordering/delivery, as well as e-payments, through Point of Sales (PoS) systems
Those restaurants suffer a wide range of challenges, Grubtech bleeding-edge technology resolves all of them and provides a sign-off solution to advancing, accelerating and boosting the quality of the service delivery”, according to El-Fayed.
“Grubtech has a great opportunity to expand in the Egyptian market through establishing cooperation with many success partners, which include restaurants, aggregators and delivery service providers. Grubtech’s innovative solutions help restaurants reduce their expenses and accelerate orders delivery through one unified platform, in addition to cloud and data analysis services that enable clients to assess their operations for the better experience the Egyptian citizen deserves. The Egyptian market is huge; it contains hundreds of thousands of restaurants and has a massive potential, Said Harfoush.
“Egyptian consumer’s experience of online food delivery implies number of challenges and complications for many restaurants. We believe that the solutions Grubtech provides for the dark kitchens will eliminate such problems and boost the inclusive experience for both client and restaurant. Thus, we plan to be a part of the food and beverage market in Egypt on the long run”, Harfoush added.
Grubtech was founded in 2019 by Mohamed El-Fayed, Mohamed Hamidi and Omar El-Refa’ie.The cloud and dark kitchen solutions platform enables its clients to digitize operations and management of online food orders, providing them with marketing and sales tools as well as extending in-details data analyses for restaurants, through which contributing to decreasing their expenses and catalyzing the growth of their businesses.
In 2021 ,the company was awarded the best food technologies platform.It has assigned Osama Harfoush as its country manager who will supervise the company’s expansion plans in Egypt and implement its strategy set for the local market.