{"id":563804,"date":"2021-07-25T04:00:22","date_gmt":"2021-07-25T04:00:22","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/25\/e-commerce-startup-taager-receives-usd-6-4-mn-seed-funding\/"},"modified":"2021-07-25T04:00:22","modified_gmt":"2021-07-25T04:00:22","slug":"e-commerce-startup-taager-receives-usd-6-4-mn-seed-funding","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/25\/e-commerce-startup-taager-receives-usd-6-4-mn-seed-funding\/","title":{"rendered":"E-commerce startup Taager receives USD 6.4 mn seed funding"},"content":{"rendered":"

<\/a> Egyptian e-commerce startup <\/strong>Taager<\/a><\/strong> has secured USD 6.4 mn in a seed funding round<\/strong>, according to TechCrunch<\/a>. The round was led by Africa-focused VC firm 4DX Ventures and also included participation from Raed Ventures, Beco Capital, Breyer Capital and private investors, including Careem co-founder Magnus Olsson.<\/p>\n

Taager has now raised more than USD 7 mn from investors since launching in 2019<\/strong>. The company will channel the latest investment into its operations, including making new hires and expanding across the MENA region.<\/p>\n

What is Taager?<\/strong> Taager is a B2B platform that connects online merchants and suppliers, supplying merchants with storage and shipping services as well as an integrated data-led digital infrastructure. Taager now has 5k merchants available on its platform, which contribute to a 40% m-o-m increase in Gross Merchandise Value, CEO Mohammed El Horishy said.<\/p>\n","protected":false},"excerpt":{"rendered":"

Egyptian e-commerce startup Taager has secured USD 6.4 mn in a seed funding round, according to TechCrunch. The round was led by Africa-focused VC firm 4DX Ventures and also included participation from Raed Ventures, Beco Capital, Breyer Capital and private investors, including Careem co-founder Magnus Olsson. Taager has now raised more than USD 7 mn […]<\/p>\n","protected":false},"author":1,"featured_media":563805,"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":[889,887,199,72,95,3188],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-563804","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-startup-watch","tag-4dx-ventures","tag-beco-capital","tag-e-commerce","tag-enterpriseam","tag-startup-watch","tag-taager","wpautop","entry"],"acf":{"mongo_id":"c9a6a449-a944-4772-ac78-65da6e0d42e1","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2021\/7\/228.jpg","photo_position":"above","related_issue":[563790],"teaser":"","voice_url":""},"yoast_head":"\nE-commerce startup Taager receives USD 6.4 mn seed 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\/2021\/07\/25\/e-commerce-startup-taager-receives-usd-6-4-mn-seed-funding\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"E-commerce startup Taager receives USD 6.4 mn seed funding\" \/>\n<meta property=\"og:description\" content=\"Egyptian e-commerce startup Taager has secured USD 6.4 mn in a seed funding round, according to TechCrunch. The round was led by Africa-focused VC firm 4DX Ventures and also included participation from Raed Ventures, Beco Capital, Breyer Capital and private investors, including Careem co-founder Magnus Olsson. 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The round was co-led by Beco Capital, 4DX Ventures, and Endure Capital, while 500 Startups, Outlierz Ventures, and other local investors participated. The company expects\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/9\/2576.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":553872,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/12\/sympl-raises-usd-6-mn-seed-round\/","url_meta":{"origin":563804,"position":4},"title":"Sympl raises USD 6 mn seed round","author":"enterpriseam admin","date":"12 December 2021","format":false,"excerpt":"Sympl raises USD 6 mn from Beco, A15, GV: Buy-now-pay-later platform Sympl has raised a USD 6 mn seed round led by VC outfit Beco Capital, with participation from A15 and Global Ventures, according to a statement (pdf). 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