Cairo 30 Jan 2024:
Bosta, the pioneering Egyptian logistics startup, is proud to announce a significant milestone in its growth journey with a strategic investment from leading firms Axian Group, Avanz Capital, and Beltone Holding. This substantial funding, combined with Bosta’s recent achievements, solidifies the company’s position as a market leader in the delivery and logistics sector across Egypt and Saudi Arabia.
Founded in 2017 by Mohamed Ezzat and Ahmed Gaber, Bosta has rapidly evolved into a powerhouse, successfully delivering over 20 million shipments. The startup stands out as the market leader in Egypt, serving more than 25,000 businesses since its inception. Bosta’s commitment to innovation and customer satisfaction has earned it the highest success rate in the market.
Bosta’s cutting-edge technology sets it apart, optimizing first, middle, and last-mile delivery processes to provide unparalleled efficiency and convenience. The platform guarantees next-day delivery across Egypt and Saudi Arabia, positioning Bosta as a reliable partner for businesses and consumers alike.
One of Bosta’s key contributions to the market is its ability to address the chronic issues faced by merchants. The startup has implemented a solution that ensures merchants receive their collected cash instantly, offering a streamlined and efficient financial process for businesses partnering with Bosta.
The recent collaboration with Axian Group, Avanz Capital, and Beltone Holding signifies a collective commitment to supporting Bosta’s mission of transforming the e-commerce and logistics landscape in the region. This investment will further propel Bosta’s technological advancements, expand its reach, and solidify its position as an industry leader.
As Bosta continues to grow and innovate, the company remains dedicated to providing exceptional services, solving logistical challenges, and contributing to the success of businesses in the dynamic and evolving markets of Egypt and Saudi Arabia.
