• Egypt-based e-commerce Teegara has raised an undisclosed bridge round, led by Alexandria Angel Network with the participation of investors from Saudi Arabia, Egypt, and Jordan.
• Founded in 2019 by Ahmad Kayyali and Nader Ibrahim alongside the first investor Ahmed Samir, the B2B marketplace provides merchants with household and FMCG products at competitive prices.
• This round will be utilised in Teegara’s expansion plans by adding more verticals to its platform, hiring new talent and enhancing its technical capabilities.

أعلنت منصة تجارة “Teegara”، المختصة في سوق الجملة للأدوات المنزلية وتتخذ من جمهورية مصر العربية مقرًا، عن إغلاقها جولة استثمارية (Bridge) بقيادة Alex Angles ومشاركة مستثمرين ملائكيين من السعودية ومصر والأردن؛ لتكون بذلك ثاني جولاتها الاستثمارية بعد إغلاق جولة (Pre-Seed).

Nine months after raising an undisclosed seed round, Egyptian ecommerce platform, Teegara, has announced the raise of a bridge round – also undisclosed – led by Alexandria Angel Network, alongside angel investors from Egypt, Saudi Arabia and Jordan.

Cairo-based B2B marketplace startup Teegara has raised an undisclosed Bridge round led by Alexandria Angel Network, and Angel Investors from several countries.

Teegara was founded by Ahmad Kayyali, Nader Ibrahim, and later joined by Ahmed Samir as the first investor. The startup offers vendors new distribution methods, ways for increasing both margins and incomes for small merchants by decreasing the two-three circles between vendors and merchants, as well as providing credit lines and other financial aids.