Banking + Finance

Innoventures launches EGP 100 mn tech startup investment fund

by enterpriseam adminDecember 17, 2019

Innoventures has established a EGP 100 mn investment fund to invest in local tech startups, partner Rafik Dalala told Al Mal. The fund has raised EGP 12 mn so far, with EGP 4 mn coming from the Information Technology Industry Development Agency. The company plans to launch another USD 50 mn fund in Mauritius, Dalala said.

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BANKING + FINANCE Innoventures ITIDA technology

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