Funding for Mena startup tops 40m

Furnishings and residential items e-commerce platform Homzmart has closed one of many previous 12 months’s greatest funding rounds for a Center Jap and North Africa start-up, elevating $23 million, its chief govt mentioned.
The corporate, launched in 2020, will use the brand new funding to increase providers, particularly logistics, and fill gaps that seem in provide chains, co-founder and chief govt Mahmoud Ibrahim mentioned .