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Egypt: Laundry Service Startup Six-Figure Amount As Seed Funding

News

Startups

Aug. 18, 2020, 3:47 p.m.

Cairo-based, Makwa, laundry service startup, has secured a six-figure amount in seed funding from an angel investor. The startup was founded in 2018 by Aly Eteiba.

It is a mobile application that provides dry-cleaning and laundry pick-up and delivery services. Through the application, users can schedule pickup and delivery time slots, give special washing/ironing instructions, track orders, review orders’ history, rate the service and pay online.

It offers these services by partnering with vendors to clean the clothes while following Makwa’s guidelines.

Speaking on the investment, Aly Eteiba stated that, “the investment coupled with the investor’s experience will help us continue to revolutionize the laundry industry for consumers and laundry professionals alike.

“ We are solving a problem that every household has had an issue with at some point in time. Our goal is to offer our customers a convenient, hassle-free, and enjoyable customer experience, and at the same time deliver a reliable and consistent product and service.”

Makwa plans to use the investment to expand its team, upgrade its technology, and accelerate its expansion into new areas.

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Dorcas

Dorcas Benewaa Author

Dorcas is an upcoming journalist. She loves the creative arts and loves to write about startups, digital arts and issues in the tech sector.

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