Algebra Ventures, Glint Consulting invest EGP 20 mn in FilKhedma

STARTUP WATCH- Algebra Ventures and Glint Consulting have invested EGP 20 mn in home services marketplace FilKhedma, founder Omar Ramadan announced at a press conference yesterday. The new investment will be used to develop the application, launch new marketing campaigns and hire employees, he said. In addition to Algebra and Glint, FilKhedma’s current shareholders include Ramadan and Khaled Ismail’s KiAngel.