{"id":569288,"date":"2020-02-19T04:14:30","date_gmt":"2020-02-19T04:14:30","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/19\/bosta-secured-egp-40-mn-in-series-a-round-sources\/"},"modified":"2020-02-19T04:14:30","modified_gmt":"2020-02-19T04:14:30","slug":"bosta-secured-egp-40-mn-in-series-a-round-sources","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/19\/bosta-secured-egp-40-mn-in-series-a-round-sources\/","title":{"rendered":"Bosta secured EGP 40 mn in series A round -sources"},"content":{"rendered":"

STARTUP WATCH- Bosta secured EGP 40 mn in series A round -sources:<\/strong> Cairo-based courier startup Bosta raised more than EGP 40 mn in the series A funding round announced earlier<\/a> this week, the local press reports<\/a>, citing sources close to the matter. The company said on Sunday that European delivery company DPD and Egyptian e-payment firm Fawry invested seven-figures during the funding round but did not disclose the value of the investment or the currency. Other anonymous sources cited by Waya<\/a> claimed that Bosta raised USD 1.4 mn (c. EGP 21.85 mn).<\/p>\n","protected":false},"excerpt":{"rendered":"

STARTUP WATCH- Bosta secured EGP 40 mn in series A round -sources: Cairo-based courier startup Bosta raised more than EGP 40 mn in the series A funding round announced earlier this week, the local press reports, citing sources close to the matter. The company said on Sunday that European delivery company DPD and Egyptian e-payment […]<\/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":[1344,4625,4623,4624,72,4622,2380,123],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-569288","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-bosta","tag-courrier","tag-dpdgroup","tag-e-marketing","tag-enterpriseam","tag-fawrt","tag-speed-round","tag-startups","wpautop","entry"],"acf":{"mongo_id":"8b60c1eb-d801-4ea3-907e-c9b5f33e79fd","is_powered_by":true,"section_story_id":"4a5f3ac8-b4a2-421b-a27e-f63008c4bb1b","story_type":"1","photo_url":"","photo_position":"above","related_issue":[569275],"teaser":"","voice_url":""},"yoast_head":"\nBosta secured EGP 40 mn in series A round -sources - 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\/19\/bosta-secured-egp-40-mn-in-series-a-round-sources\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bosta secured EGP 40 mn in series A round -sources\" \/>\n<meta property=\"og:description\" content=\"STARTUP WATCH- Bosta secured EGP 40 mn in series A round -sources: Cairo-based courier startup Bosta raised more than EGP 40 mn in the series A funding round announced earlier this week, the local press reports, citing sources close to the matter. The company said on Sunday that European delivery company DPD and Egyptian e-payment […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/19\/bosta-secured-egp-40-mn-in-series-a-round-sources\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-02-19T04:14:30+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\/02\/19\/bosta-secured-egp-40-mn-in-series-a-round-sources\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/19\/bosta-secured-egp-40-mn-in-series-a-round-sources\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Bosta secured EGP 40 mn in series A round -sources\",\"datePublished\":\"2020-02-19T04:14:30+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/19\/bosta-secured-egp-40-mn-in-series-a-round-sources\/\"},\"wordCount\":97,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Bosta\",\"courrier\",\"DPDgroup\",\"e marketing\",\"EnterpriseAM\",\"Fawrt\",\"SPEED ROUND\",\"startups\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/19\/bosta-secured-egp-40-mn-in-series-a-round-sources\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/19\/bosta-secured-egp-40-mn-in-series-a-round-sources\/\",\"name\":\"Bosta secured EGP 40 mn in series A round -sources - 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The company reportedly raised USD 1.4 mn in the funding round,\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\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":555835,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/29\/courier-startup-bosta-to-expand-to-uae-saudi-next-year\/","url_meta":{"origin":569288,"position":1},"title":"Courier startup Bosta to expand to UAE, Saudi next year","author":"enterpriseam admin","date":"29 November 2021","format":false,"excerpt":"Bosta heads east: Egyptian courier startup Bosta will launch in the UAE and Saudi Arabia in 2022 following its bumper funding round earlier this year, Wamda reports. The expansion into the two countries \u2014 which together account for almost half of the region\u2019s e-commerce industry \u2014 is being aided by\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\/2021\/11\/636.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":562494,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/26\/sawari-ventures-to-make-new-north-africa-investments-this-year\/","url_meta":{"origin":569288,"position":2},"title":"Sawari Ventures to make new North Africa investments this year","author":"enterpriseam admin","date":"26 May 2021","format":false,"excerpt":"Cairo-based venture capital firm Sawari Ventures plans to make new investments in Tunisia or Morocco this year, a source at Sawari told Enterprise, without specifying an amount or an exact date. The source spoke on condition of anonymity. Sawari has earmarked some EGP 250 mn from its EGP 1 bn\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\/2021\/5\/233.jpg?fit=%2C&ssl=1&resize=350%2C200","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":569288,"position":3},"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":563913,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/28\/bosta-plans-to-land-in-saudi-arabia-by-early-next-year\/","url_meta":{"origin":569288,"position":4},"title":"Bosta plans to land in Saudi Arabia by early next year","author":"enterpriseam admin","date":"28 July 2021","format":false,"excerpt":"Egyptian courier startup Bosta plans to enter the Saudi market by early 2022, as part of the company\u2019s plans to expand its presence in the Gulf region, co-founder and COO Omar Yaghmour told Al Mal. 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