E-commerce

Egypt e-commerce startup, ShipBlu secures investment from Nama Ventures

ShipBlu, an Egypt e-commerce shipping, and fulfillment startup have secured an investment led by y Nama Ventures. The company offers a different shipping experience for the e-commerce sector by relying on artificial intelligence and machine learning technology developed.

In a statement, the company CEO Ali Nasser described the shopping experience in Egypt as generally “easy and convenient” however, the delivery experience “ turns people off”. He attributed this problem to “poor infrastructure” and “poor road management.” 

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“People are excited about shopping online in Egypt because it’s effortless and convenient. Unfortunately, a lot of times the delivery experience really puts people off. Some of it is due to a lack of infrastructure, some of it is due to poor resource management. At ShipBlu, we’ve solved both parts of that problem. We promise to deliver a shipping experience that customers will look forward to so that merchants can stay focused on what matters, and customers can continue to enjoy online shopping,” says Ali Nasser.

“We are super proud to have ShipBlu be our first investment in Egypt”. says Mohammed Alzubi, Managing Partner of Nama Ventures. “We have really enjoyed getting to know the founders and seeing their passion to disrupt the e-commerce shipping experience. The team is unparalleled to address this opportunity. We are witnessing first-hand what a well-rounded team with complementary skillsets can do in a very short time. Riding with Ali, Ahmed, and Abdelrahman on the ShipBlu spaceship has already been exciting, but we can’t wait to see what the future holds together”.


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What You Need To Know About ShipBlu

Founded in October 2020 by Ali Nasser, Abdelrahman Hosny, and Ahmed El Kawass. Ali, ShipBlu offers e-commerce fulfillment services, by providing delivery services using artificial intelligence and machine learning technology.

ShipBlu is built to deliver a unique e-commerce shipping experience. Powered by ShipBlu’s own artificial intelligence and machine learning technology, ShipBlu uses its fleets to deliver shipments on time, every time, guaranteed. ShipBlu allows customers to select their preferred three-hour delivery window and to view the live location of couriers as they approach their locations, delivering complete shipping transparency. Building on its last-mile technology, ShipBlu also provides e-commerce fulfillment services, with planned fulfillment centers across all of Egypt. Integrating fulfillment services with its last-mile operations provides for a unique and seamless experience for merchants and customers alike.

Read the original article here

Nichole Manhire

Is the media and brand manager at GFA News. She works very closely with editors and podcasters that contribute to telling the African business success story. For marketing and advertising send Nichole an email: nichole@getfundedafrica.com

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