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Makwa secures six-figure Seed funding

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Cairo-based laundry services startup Makwa has raised a six-figure investment from an angel investor. The investment will be used to scale the team, upgrade its technology and accelerate its expansion into new areas.

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Makwa is a mobile app providing doorstep dry cleaning and laundry pick-up and delivery services. Customers use the app to schedule pickup and delivery time slots, give special washing/ironing instructions, track orders, review order history, rate the service and pay online. Makwa partners with high quality vendors in the areas in which it operates who clean customers’ clothes, while following Makwa’s manual and meeting its stringent specs.

“The investment coupled with the investor’s experience will help us continue to revolutionise the laundry industry for consumers and laundry professionals alike” says Aly Eteiba, Makwa’s Founder & CEO. We are solving a problem that every household has had an issue with at some point in time. Our goal is to offer our customers a convenient, hassle- free and enjoyable customer experience, and at the same time deliver a reliable and consistent product and service.

Makwa is a graduate of Flat6labs accelerator program and was chosen as one of 4 Egyptian startups representing Egypt in RiseUp’s Pitch By the Pyramids.

Source : https://magnitt.com/news/52112/makwa-secures-six-figure-seed-funding?utm_source=MAGNiTT&utm_campaign=40db1e0fcd-weekly_300719_COPY_01&utm_medium=email&utm_term=0_45876afdd8-40db1e0fcd-109717901


GetFundedAfrica is a technology-based, business information platform operated by Afriscaper Research & Consulting Limited with a mission to reduce barriers to funding for African businesses. GFA matches investor ready, African & African-Diaspora owned companies with global investors, leveraging market research, industry data and news aggregation

In this episode of GFA-Attract, GetFundedAfrica’s Co-Founder, Debo Omololu discusses with Yassine Oussaifi, a Tunis-based Venture Capital Partner at AfricInvest Group. AfricInvest has $1.5 billion in funds under management and is one of Africa’s largest venture capital firms. Yassine loves water sports and basketball and tries to relax at beach locations.

Check out Yassine’s profile here

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