{"id":567731,"date":"2020-12-06T04:30:14","date_gmt":"2020-12-06T04:30:14","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/06\/raya-holding-to-anchor-new-vc-fund\/"},"modified":"2020-12-06T04:30:14","modified_gmt":"2020-12-06T04:30:14","slug":"raya-holding-to-anchor-new-vc-fund","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/06\/raya-holding-to-anchor-new-vc-fund\/","title":{"rendered":"Raya Holding to anchor new VC fund"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-04\"><\/a> <strong>Because everybody is either a startup or a VC, right? <\/strong>Raya Holding has earmarked EGP 100 mn to invest in a new fintech-focused venture capital fund as an anchor investor, according to a <a href=\"https:\/\/egx.com.eg\/downloads\/Bulletins\/254797_1.pdf\">disclosure to the bourse (pdf)<\/a>. The fund \u2014 which Raya says is being set up by an unnamed \u201cprominent fund manager\u201d \u2014 will also invest in regional startups in the e-commerce, e-learning and distribution sectors. The company provided no further details.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Because everybody is either a startup or a VC, right? Raya Holding has earmarked EGP 100 mn to invest in a new fintech-focused venture capital fund as an anchor investor, according to a disclosure to the bourse (pdf). The fund \u2014 which Raya says is being set up by an unnamed \u201cprominent fund manager\u201d \u2014 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"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":[7272],"tags":[72,183,125,614],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-567731","post","type-post","status-publish","format-standard","hentry","category-investment-watch","tag-enterpriseam","tag-fintech","tag-investment-watch","tag-raya-holding","wpautop","entry"],"acf":{"mongo_id":"dc88eb17-af0c-4161-816d-99f3505d87c4","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[567721],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Raya Holding to anchor new VC fund - 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\/2020\/12\/06\/raya-holding-to-anchor-new-vc-fund\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Raya Holding to anchor new VC fund\" \/>\n<meta property=\"og:description\" content=\"Because everybody is either a startup or a VC, right? Raya Holding has earmarked EGP 100 mn to invest in a new fintech-focused venture capital fund as an anchor investor, according to a disclosure to the bourse (pdf). The fund \u2014 which Raya says is being set up by an unnamed \u201cprominent fund manager\u201d \u2014 [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/06\/raya-holding-to-anchor-new-vc-fund\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-06T04:30:14+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/06\/raya-holding-to-anchor-new-vc-fund\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/06\/raya-holding-to-anchor-new-vc-fund\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Raya Holding to anchor new VC fund\",\"datePublished\":\"2020-12-06T04:30:14+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/06\/raya-holding-to-anchor-new-vc-fund\/\"},\"wordCount\":78,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"Fintech\",\"investment watch\",\"Raya Holding\"],\"articleSection\":[\"Investment Watch\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/06\/raya-holding-to-anchor-new-vc-fund\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/06\/raya-holding-to-anchor-new-vc-fund\/\",\"name\":\"Raya Holding to anchor new VC fund - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2020-12-06T04:30:14+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/06\/raya-holding-to-anchor-new-vc-fund\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/06\/raya-holding-to-anchor-new-vc-fund\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/06\/raya-holding-to-anchor-new-vc-fund\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Raya Holding to anchor new VC fund\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Raya Holding to anchor new VC fund - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/06\/raya-holding-to-anchor-new-vc-fund\/","og_locale":"en_US","og_type":"article","og_title":"Raya Holding to anchor new VC fund","og_description":"Because everybody is either a startup or a VC, right? 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The firm, whose portfolio companies are all based in Nigeria or Kenya, is looking to use the fund to branch out to other areas of the\u2026","rel":"","context":"In &quot;Investment Watch&quot;","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/1\/358.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":604614,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/09\/unnamed-foreign-bank-interested-to-fund-raya-mto\/","url_meta":{"origin":567731,"position":1},"title":"Unnamed foreign bank interested to fund Raya MTO","author":"enterpriseam admin","date":"9 December 2018","format":false,"excerpt":"M&A WATCH- Int\u2019l bank may back Medhat Khalil\u2019s take-private bid for Raya: An unnamed international investment bank could finance Medhat Khalil\u2019s bid to take Raya Holding private, Khalil said, according to Masrawy. The bank is one of four financiers Khalil had approached since the Financial Regulatory Authority ordered him last\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":656861,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/12\/11\/africa50-eyes-42-9-stake-in-raya-data-center-with-usd-15-mn-investment-to-fund-new-data-center\/","url_meta":{"origin":567731,"position":2},"title":"Africa50 eyes 42.9% stake in Raya Data Center with USD 15 mn investment to fund new data center","author":"enterpriseam admin","date":"11 December 2024","format":false,"excerpt":"The data center will in total cost USD 35 mn","rel":"","context":"In &quot;M&amp;A WATCH&quot;","block_context":{"text":"M&amp;A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/5\/628.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":663879,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/04\/16\/raya-holding-reports-solid-2024-results\/","url_meta":{"origin":567731,"position":3},"title":"Raya Holding reports solid 2024 results","author":"enterpriseam admin","date":"16 April 2025","format":false,"excerpt":"The group\u2019s revenues reached EGP 45.1 bn in FY 2024, up 44% y-o-y","rel":"","context":"In &quot;EARNINGS WATCH&quot;","block_context":{"text":"EARNINGS WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/earnings-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/4\/951.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":582245,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/05\/crypto-platform-rain-throws-in-with-moneyhash-on-payments-plus-stv-is-fundraising-and-rayas-accelerator-inks-pact-with-giz\/","url_meta":{"origin":567731,"position":4},"title":"Crypto platform Rain throws in with MoneyHash on payments. 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