Oct 17, 2023

Fifteen Egyptian tech startups have been selected for the first batch of the 500 Global in Egypt Scale Up Program, which aims to assist founders in scaling their businesses. Run by 500 Global, one of the world’s most active venture capital firms, in partnership with the Egyptian Information Technology Industry Development Agency (ITIDA) , the initiative is a seven-week program dedicated to pre-Series A and Series A startups in Egypt. The selected startups include Birdnest , which develops and operates tech-enabled rental properties; Blnk , an AI-enabled digital consumer finance platform that is driving financial inclusion in Egypt; Convertedin , a marketing operating system for e-commerce; Dresscode , a fast fashion business that enables users to find affordable and high-quality fashion; and FriendyCar, a P2P car-sharing operator. Also taking part are ILLA , a logistics holding group that offers door-to-door solutions for FMCG companies; Khazenly , an omni-channel technology platform for on-demand logistics and fulfilment; MQR , which offers widely accessible, high-quality gathering spaces with hospitality-led service and amenities; Nowlun , an online freight forwarding platform; and NowPay , a fintech startup building a financial wellness platform for employees. The cohort is completed by O7 Therapy , which is revolutionizing wellness and mental health by constructing MENA’s largest all-in-one mental health platform; Orcas , which offers personalized live learning experiences for K-12 Students; Rology, an AI-assisted teleradiology platform; Suplyd , which is building a digital infrastructure for restaurants’ supply chains; and Sylndr , one of Egypt’s leading used-cars-focused marketplace. . The program kicked off on October 1 at the Creativa Giza Hub, also known as The Factory, operated by ITIDA. It will culminate with the Scale Up Showcase on November 16. Popular Post