STARTUP WATCH- Cairo-based cleaning services startup Jinni raised a six-figure investment from AUC Angels, MenaBytesreported, without disclosing the actual figure. Founded in 2016 by husband and wife Mostafa Ghannam and Alaa Shams, the startup provides residential and commercial cleaning services. The company plans to use the investment to improve its technology and promote its recently-launched educational center for cleaners, Ghannam said.
More from Enterprise
Banque du Caire opens its IPO books at EGP 4.82-5.30 a share, with room to grow to 45%
The state-owned lender could raise up to EGP 36.4 bn,…
Inside the financing of Egypt’s IPP boom
The contracts and the resources are proven, so the open…
FRA and EGX eye law change to let LLCs and partnerships set up investment funds
Regulators want to keep Egyptian money from setting up funds…
Egyptian-UK fintech Zeal raises USD 10 mn to back expansion plans
The London-based, Egyptian-founded fintech is preparing to activate its loyalty…