Online grocery service GoodsMart has raised USD 750k from Algebra Ventures. Disrupt Africa says Algebra Ventures Managing Partner Tarek Assaad and former SODIC Managing Director and current Marakez CEO Ahmed “Dasha” Badrawi will join the GoodsMart board. The investment will go towards expanding GoodsMart’s operational capacity, increasing service coverage in Cairo, and raising awareness. In addition to Assaad, Algebra’s managing partners include Khaled Ismail and Ziad Mokhtar.

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