Teegara.com Closes Five-Figure Pre Seed Round
Teegara.com, the Cairo-based eCommerce startup recently closed a five-figure pre-seed follow-on funding round led by the Alexandria Angels Network, as well as angel investors from Saudi Arabia, Egypt, and the Netherlands. Teegara is a B2B2C e-commerce marketplace that helps retailers and social eCommerce merchants to trade. Through its digital platform, the company aims to solve […]
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Teegara.com, the Cairo-based eCommerce startup recently closed a five-figure pre-seed follow-on funding round led by the Alexandria Angels Network, as well as angel investors from Saudi Arabia, Egypt, and the Netherlands.
Teegara is a B2B2C e-commerce marketplace that helps retailers and social eCommerce merchants to trade. Through its digital platform, the company aims to solve several major issues in the retail and procurement industries. For instance, it aims to streamline the buying process by eliminating unnecessary steps and middlemen that are currently hiking up prices and slowing the buying process.
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Teegara aims to simplify the buying process for businesses by offering them competitive prices, innovative payment methods, easy shipping and return procedures.
Ahmad Kayyali, founder and CEO, Teegara said, “This is the era of B2B and social eCommerce, with millions of online merchants and small retailers, this market is eager for the kind of value that Teegara.com provides.”
Loay El Shawarby, cofounder, Alex Angels said, “Teegara is an eCommerce platform that aims to popularise and democratise the opportunity to trade at the retail, discounter, and wholesale distribution levels. Online and on-ground: anyone could trade, anytime, and realise profits.”
