{"id":569208,"date":"2020-02-17T04:24:13","date_gmt":"2020-02-17T04:24:13","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/17\/bosta-completes-seven-figure-usd-series-a-funding-round\/"},"modified":"2020-02-17T04:24:13","modified_gmt":"2020-02-17T04:24:13","slug":"bosta-completes-seven-figure-usd-series-a-funding-round","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/17\/bosta-completes-seven-figure-usd-series-a-funding-round\/","title":{"rendered":"Bosta completes seven-figure USD series A funding round"},"content":{"rendered":"

STARTUP WATCH- Egyptian courier startup <\/strong>Bosta<\/a><\/strong> has raised seven figures in its <\/strong>series A funding round <\/strong>from European delivery giant DPD Group and Egyptian e-payment platform Fawry, the company said in a statement (pdf)<\/a>, without disclosing the exact amount. The company reportedly raised USD 1.4 mn in the funding round, Waya reports<\/a>, citing sources with knowledge of the matter. The startup has so far served over 5k businesses in Egypt, Bosta\u2019s co-founder and CEO Mohammed Ezzat told Menabytes<\/a>. Rather than employing a fleet of drivers, Bosta uses an Uber-like model that allows users to connect to couriers to deliver packages.<\/p>\n","protected":false},"excerpt":{"rendered":"

STARTUP WATCH- Egyptian courier startup Bosta has raised seven figures in its series A funding round from European delivery giant DPD Group and Egyptian e-payment platform Fawry, the company said in a statement (pdf), without disclosing the exact amount. The company reportedly raised USD 1.4 mn in the funding round, Waya reports, citing sources with […]<\/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":[8572],"tags":[1344,4605,72,519,4023,4606,2380,123],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-569208","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-bosta","tag-dpd-group","tag-enterpriseam","tag-fawry","tag-mohamed-ezzat","tag-parcels","tag-speed-round","tag-startups","wpautop","entry"],"acf":{"mongo_id":"aefe2725-6173-4c4d-bebe-8b92e4cf9e60","is_powered_by":true,"section_story_id":"de231516-4157-411f-912e-4c3ff02bfdd6","story_type":"1","photo_url":"","photo_position":"above","related_issue":[569191],"teaser":"","voice_url":""},"yoast_head":"\nBosta completes seven-figure USD series A funding 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\/2020\/02\/17\/bosta-completes-seven-figure-usd-series-a-funding-round\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bosta completes seven-figure USD series A funding round\" \/>\n<meta property=\"og:description\" content=\"STARTUP WATCH- Egyptian courier startup Bosta has raised seven figures in its series A funding round from European delivery giant DPD Group and Egyptian e-payment platform Fawry, the company said in a statement (pdf), without disclosing the exact amount. 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