{"id":544527,"date":"2022-03-08T03:37:32","date_gmt":"2022-03-08T03:37:32","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/08\/logistics-startup-naqla-raises-usd-10-5-mn-in-pre-series-a-funding\/"},"modified":"2022-03-08T03:37:32","modified_gmt":"2022-03-08T03:37:32","slug":"logistics-startup-naqla-raises-usd-10-5-mn-in-pre-series-a-funding","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/08\/logistics-startup-naqla-raises-usd-10-5-mn-in-pre-series-a-funding\/","title":{"rendered":"Logistics startup Naqla raises USD 10.5 mn in pre-series A funding"},"content":{"rendered":"

<\/a> Trucking startup <\/strong>Naqla<\/a><\/strong> has raised USD 10.5 mn in a pre-series A round <\/strong>led by El Sewedy Capital Holding, Hassan Allam Holding and the Sallam family, according to a press release<\/a> out yesterday.<\/p>\n

How the funding will be deployed:<\/strong> Naqla will use the funding to launch new segments including its Naqla Store selling heavy automotive maintenance products to drivers, as well as for driver financing and \u201cscaling our pool of talent and tech product,\u201d co-founder and CEO Sherif Taher told us.<\/p>\n

About Naqla:<\/strong> Founded in 2017 by Taher and Samer Sallam, the startup\u2019s B2B logistics platform connects individual truck drivers with cargo companies and offers road assistance, finance, ins., healthcare and maintenance services to the drivers in its network. The startup is now working with over 400 shipping firms and 10.5k drivers nationwide, and has so far helped deliver over 4.6 mn tons of cargo.<\/p>\n

The Sallam family are synonymous with consumer goods in Egypt<\/strong>, having founded brands including Btech and Olympic Group. A family vehicle recently invested in real estate developer MNHD<\/a>.<\/p>\n

\n

Egypt-based pharma delivery platform <\/strong>Chefaa<\/a><\/strong> has raised an undisclosed sum <\/strong>in a funding round led by South African VC Newtown Partners<\/a>, Japan-based Global Brain<\/a> and US investor GMS Capital Partners<\/a>, a press<\/a>release<\/a> out yesterday. The round marks the three VCs\u2019 first investment in the Egyptian market, according to the release.<\/p>\n

Chefaa is branching out into ins. services: <\/strong>The startup will use the fund to launch its Chefaa Prime medical ins. alternative, a subscription-based service \u201cdesigned for emerging markets.\u201d The round will also fund Chefaa\u2019s \u201cefforts to digitize chronic illness management\u201d and help it enter unspecified new markets, the release read.<\/p>\n

Background:<\/strong> Founded in 2017, the female-led startup operates an AI-powered platform for buying pharma products, which allows customers to scan their prescriptions, locate their nearest pharmacies and order meds online. Chefaa closed a seven-figure USD pre-series A round<\/a> in 2020, after raising a six-figure USD sum from Flat6Labs and 500Startups in a 2019 seed round<\/a>. The pharma delivery platform was among 10 MENA startups to take part<\/a> in the first iteration of the Google-led three-month digital accelerator program in MENA last year.<\/p>\n","protected":false},"excerpt":{"rendered":"

Trucking startup Naqla has raised USD 10.5 mn in a pre-series A round led by El Sewedy Capital Holding, Hassan Allam Holding and the Sallam family, according to a press release out yesterday. How the funding will be deployed: Naqla will use the funding to launch new segments including its Naqla Store selling heavy automotive […]<\/p>\n","protected":false},"author":1,"featured_media":544528,"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":[1306,1308,72,1310,1311,890,145,1307,1309,427,95],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-544527","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-startup-watch","tag-chefaa","tag-el-sewedy-capital-holding","tag-enterpriseam","tag-global-brain","tag-gms-capital-partners","tag-hassan-allam-holding","tag-logistics","tag-naqla","tag-newtown-partners","tag-pharma","tag-startup-watch","wpautop","entry"],"acf":{"mongo_id":"25ba6890-ed88-4dbe-a335-25d0db5bdd15","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2022\/3\/92.jpg","photo_position":"above","related_issue":[544514],"teaser":"","voice_url":""},"yoast_head":"\nLogistics startup Naqla raises USD 10.5 mn in pre-series A funding - 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\/03\/08\/logistics-startup-naqla-raises-usd-10-5-mn-in-pre-series-a-funding\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Logistics startup Naqla raises USD 10.5 mn in pre-series A funding\" \/>\n<meta property=\"og:description\" content=\"Trucking startup Naqla has raised USD 10.5 mn in a pre-series A round led by El Sewedy Capital Holding, Hassan Allam Holding and the Sallam family, according to a press release out yesterday. 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An angel investor also participated in the round, cofounder Engy Shalash (LinkedIn) told us. About Nice Deer: Founded earlier this year by Shalash and Mostafa\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\/6\/175.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":546501,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/18\/this-morning-in-the-foreign-press-trucking-startup-naqla-the-egyptian-composer-who-soundtracked-moon-knight\/","url_meta":{"origin":544527,"position":1},"title":"This morning in the foreign press: Trucking startup Naqla + the Egyptian composer who soundtracked Moon Knight","author":"enterpriseam admin","date":"18 May 2022","format":false,"excerpt":"It\u2019s a mixed bag in the foreign press this morning: AFP spotlights Egyptian composer Hesham Nazih, who scored the soundtrack to Marvel\u2019s recent TV series Moon Knight, the National takes a look at the harsher rules placed on wheat farmers to raise local production, and Business Insider Africa talks to\u2026","rel":"","context":"In "EGYPT IN THE NEWS"","block_context":{"text":"EGYPT IN THE NEWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/egypt-in-the-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":545136,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/07\/this-evening-trucking-startup-naqla-raises-usd-10-5-mn-in-a-pre-series-a-russia-and-ukraine-restart-ceasefire-talks\/","url_meta":{"origin":544527,"position":2},"title":"THIS EVENING: Trucking startup Naqla raises USD 10.5 mn in a pre-series A + Russia and Ukraine restart ceasefire talks","author":"enterpriseam admin","date":"7 March 2022","format":false,"excerpt":"Good afternoon, friends, and welcome to a relatively quiet Monday, with no major news story dominating the local news cycle so far.THE BIG(ish) STORY TODAY SO FAR- Trucking startup Naqla has raised USD 10.5 mn in a pre-series A round led by El Sewedy Capital Holding, Hassan Allam Holding, and\u2026","rel":"","context":"In "WHAT WE\u2019RE TRACKING TONIGHT"","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":545875,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/04\/14\/egypt-in-the-news-aswan-road-crash-kills-ten-people\/","url_meta":{"origin":544527,"position":3},"title":"Egypt In The News: Aswan road crash kills ten people","author":"enterpriseam admin","date":"14 April 2022","format":false,"excerpt":"Ten people were killed in a road crash yesterday near Aswan, including four French tourists and one Belgian national when a truck collided with a tourist bus on a highway. Fourteen other tourists were taken to the hospital following the accident, the Health Ministry said in a statement. All those\u2026","rel":"","context":"In "EGYPT IN THE NEWS"","block_context":{"text":"EGYPT IN THE NEWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/egypt-in-the-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":544606,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/13\/disruptechs-final-usd-25-mn-close-due-next-week-bosta-enters-ksa\/","url_meta":{"origin":544527,"position":4},"title":"Disruptech\u2019s final USD 25 mn close due next week + Bosta enters KSA","author":"enterpriseam admin","date":"13 March 2022","format":false,"excerpt":"Fintech fund DisrupTech Ventures is expecting to reach the USD 25 mn final close of its fund next week, Managing Partner Mohamed Okasha told Enterprise, confirming a report from Al Mal. The fund has already locked in substantial unrealized gains on initial investments it has already made, he said.DisrupTech is\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\/3\/146.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":567939,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/13\/egypt-ranks-third-in-november-startup-funding-league-table-wamda\/","url_meta":{"origin":544527,"position":5},"title":"Egypt ranks third in November startup funding league table -Wamda","author":"enterpriseam admin","date":"13 December 2020","format":false,"excerpt":"Egyptian startups raised USD 6.6 mn in venture capital funding last month, putting them in third place in MENA behind the UAE and Saudi Arabia, Wamda said in a recent report. Egypt saw nine transactions in November (tying with the UAE in first place), that included creative tech startup Argineering,\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\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/544527","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=544527"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/544527\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/544514"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/544528"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=544527"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=544527"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=544527"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=544527"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=544527"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}