STARTUP WATCH- Winch eyes USD 1 mn finance for expansion: Cairo-based logistics app Winch is looking to secure USD 1 mn in financing in the coming months to support its expansion plans, CEO and co-founder Ayman Ismail said, according to the local press. The company’s mobile app provides goods and furniture moving services, and has moved EGP 40 mn in goods each month since launching last September. The startup aims to bring that figure up to EGP 600 mn by mid-2020.

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