Egypt’s “Uber-For-Last-Mile-Deliveries” Start-up, Bosta, Raises 7-Figure Series A From Global Delivery Giant

The Egyptian start-up which has developed a platform for effective last-mile shipments, Bosta, has actually reportedly raised Series A financing from European parcel shipment champ, DPDgroup. The Series A round also drew participation from a previous Bosta investor, Fawry, the Egyptian payments company that went public in 2015. MENAbytes, which declared to have gotten a statement from the start-up, reports that the specific amount raised was not divulged though the startup stated that the round deserves seven-figures in United States dollars (USD). Bosta launched in 2017 as a company of…

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