Swvl
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GFA Spotlight
Spotlight Nation: Egypt – The Gift of the Nile
Egypt is rapidly becoming a hub for startups and innovation, with a growing number of young entrepreneurs launching innovative businesses…
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Acquisition
SWVL Expands To Mexico With Urbvan Acquisition
Swvl Holdings Corp (“Swvl” or the “Company”) (NASDAQ: SWVL), a global provider of transformative tech-enabled mass transit solutions, today announced…
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Partnerships
SWVL Acquires Smart Bus Platform ZEELO
Swvl, the shared mobility and transit company, has announced plans to acquire smart bus platform Zeelo. Terms were not disclosed…
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Funding
Egypt’s Swvl Raises Additional $21.5m PIPE Funding Ahead Of Nasdaq Listing
Egyptian mobility company Swvl has raised an additional US$21.5 million in private investment in public equity (PIPE) deal as part…
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Egypt’s Bus-hailing startup, SWVL, secures $35mn pre-funding to scale its operations
Swvl, an Egyptian bus-hailing startup, has achieved pre-funding of the total PIPE subscription of US$35.5 million, to accelerate Swvl’s expansion…
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Egyptian Bus-hailing Startup, SWVL, purchases Spain’s Shotl, Expands Into Europe
Swvl, a Dubai-based provider of transformative mass transit and shared mobility solutions with Egyptian roots, has acquired a controlling stake…
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Daily Digest Friday, 8 May 2020
Funding In East Africa Tanzania’s East Africa Fruits nets over $2m in equity round led by Goodwell Investments Tanzanian social…
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Swvl quietly raised over $20 million in a new round right before Covid-19
Swvl, the Cairo-born mobility startup quietly raised over $20 million in a new round right before the spread of Covid-19…
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