{"id":543468,"date":"2022-02-02T03:54:18","date_gmt":"2022-02-02T03:54:18","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/02\/delivery-startup-yalla-fel-sekka-plans-mena-expansion-after-closing-usd-7-mn-series-a-round\/"},"modified":"2022-02-02T03:54:18","modified_gmt":"2022-02-02T03:54:18","slug":"delivery-startup-yalla-fel-sekka-plans-mena-expansion-after-closing-usd-7-mn-series-a-round","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/02\/delivery-startup-yalla-fel-sekka-plans-mena-expansion-after-closing-usd-7-mn-series-a-round\/","title":{"rendered":"Delivery startup Yalla Fel Sekka plans MENA expansion after closing USD 7 mn series A round"},"content":{"rendered":"

<\/a> Delivery startup <\/strong>Yalla Fel Sekka<\/a><\/strong> (YFS)<\/strong> has closed a USD 7 mn series A <\/strong>funding round<\/strong>, the company announced in an emailed statement. The round was led by DisruptAD<\/a>, an Abu Dhabi-based VC set up by the emirate\u2019s sovereign wealth fund ADQ in 2021. Kharafi Group also participated in the round, as well as existing investors Flybridge Ventures<\/a> and I Squared Capital<\/a>, which took part in the company\u2019s previous USD 2.5 mn seed round, according to TechCrunch<\/a>.<\/p>\n

What does the company do, exactly?<\/strong> YFS is a B2B2C delivery and logistics company that allows businesses such as supermarkets, pharmacies and ecommerce outfits to sell to their customers via its network of dark stores, warehouses and delivery drivers. Since launching in early 2020, the company has increased its order rate to more than 10k per day and its gross merchandise volume is expanding 20% each month, said Yasmine Abdel Karim, YFS\u2019 CEO and co-founder. It has completed 2 mn deliveries and is now operating in five cities in Egypt \u2014 Cairo, Giza, Alexandria, Mansoura and Tanta \u2014 with a network of 1k drivers.<\/p>\n

Expansion plans:<\/strong> YFS will use the funds to continue expanding in Egypt and enter new markets in the MENA region, it said in the statement. This includes building up its network of dark stores, of which the company wants to build another 20-40 this year, Abdel Karim told TechCrunch.<\/p>\n","protected":false},"excerpt":{"rendered":"

Delivery startup Yalla Fel Sekka (YFS) has closed a USD 7 mn series A funding round, the company announced in an emailed statement. The round was led by DisruptAD, an Abu Dhabi-based VC set up by the emirate\u2019s sovereign wealth fund ADQ in 2021. Kharafi Group also participated in the round, as well as existing […]<\/p>\n","protected":false},"author":1,"featured_media":543469,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7258],"tags":[72,145,95,123,785],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-543468","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-startup-watch","tag-enterpriseam","tag-logistics","tag-startup-watch","tag-startups","tag-yalla-fel-sekka","wpautop","entry"],"acf":{"mongo_id":"f6e2771d-288d-4a9a-ab47-389b7e523f24","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2022\/2\/23.jpg","photo_position":"above","related_issue":[543455],"teaser":"","voice_url":""},"yoast_head":"\nDelivery startup Yalla Fel Sekka plans MENA expansion after closing USD 7 mn series A round - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/02\/delivery-startup-yalla-fel-sekka-plans-mena-expansion-after-closing-usd-7-mn-series-a-round\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Delivery startup Yalla Fel Sekka plans MENA expansion after closing USD 7 mn series A round\" \/>\n<meta property=\"og:description\" content=\"Delivery startup Yalla Fel Sekka (YFS) has closed a USD 7 mn series A funding round, the company announced in an emailed statement. 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OneOrder\u2019s founder and CEO is Egyptian restaurateur Tamer Amer, who founded Fuego Sushi and Longhorn\u2026","rel":"","context":"In "Startup watch"","block_context":{"text":"Startup watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/startup-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/2\/354.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":543871,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/22\/fawry-gets-in-on-the-delivery-service-bandwagon\/","url_meta":{"origin":543468,"position":3},"title":"Fawry gets in on the delivery service bandwagon","author":"enterpriseam admin","date":"22 February 2022","format":false,"excerpt":"Fawry enters the delivery service space with Roaderz: E-payments giant Fawry is setting up Roaderz \u2014 a courier delivery platform \u2014 with founder and CEO of delivery service Mylerz Samer Gharaibeh, tech solutions firm Softec, and Confida Ventures Managing Partner Ammar Zawaideh, according to a statement from Fawry. 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