HomeServicesGoodsMart raises $3.6 million in new funding round to extend services to...

GoodsMart raises $3.6 million in new funding round to extend services to East Cairo

Jumia Black Friday Deals

GoodsMart launched in 2014 to reinvent how grocery shopping is done in Cairo, and they have delivered on that promise for years now.

The start-up was founded around letting users browse a wide variety of grocery around them, choose their favorite stores for shipping and have the orders delivered to their door step. It merges the idea of having a personal shopper with still having the flexibility over all that you are getting in the store.

The company has raised some money over the years to expand its services and make even more stores available to customers. With the last round of funding in 2019, the company has now secured a new $3.6m injection to even boost its services to more regions.

In a round led by Sawari Ventures, GoodsMart now has the means to expand into East Cairo as it has been serving West Cairo heavily since its inception. This will see the company grow in leaps and bounds while also improving the standard of living of the residents in the new area.

Currently estimated to have more than 1000 shopping suppliers in partnership with the start-up in one way or the other, we cannot wait to see their valuation shoot through the roof when they capture the new market fully.

Latest articles

Best Valentine’s Day Gifts Ideas

Looking for a great Valentine's Day gift for your loved one? You are in...

Best Web Hosting Services for Small Business in 2024

Your business's online presence is as vital as any physical storefront or office. The...

8 Reasons to Buy the Oppo Reno 11 5G

Are you in the market for a new smartphone? Look no further than the...

10 Key Features of the Tecno Spark 20 Pro Plus

Tecno has introduced the top of the line member of its latest Spark Series....

How to Open OPay Account for Seamless Banking

OPay is a leading mobile banking and payment platform that allows you to make...

SpaceX launches First Starlink Direct to Phone Satellites

SpaceX has announced the launch of its first set of direct to cell satellites...

How to Track a Cheating Spouse

Lacking trust in a relationship can lead to sleepless nights, restlessness, and worry. If...

More like this

Best Valentine’s Day Gifts Ideas

Looking for a great Valentine's Day gift for your loved one? You are in...

NIS to Launch Automation of Passport Application on January 8

The difficulties Nigerians face when applying for international passport might be coming to an...

Big Brother Naija Season 8 starts July 23 with MoniePoint as Headline Sponsor

Multichoice has started teasing the return of its most popular reality TV show, the...