Orange Ventures flagship its competition in supporting entrepreneurs in Egypt with funding of $200000 – Egypt Today

  • Date: 29-May-2022
  • Source: Egypt Today
  • Sector:Economy
  • Country:Egypt
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Orange Ventures flagship its competition in supporting entrepreneurs in Egypt with funding of $200000 – Egypt Today

Orange Egypt Proudly Announces the Egyptian Startup Winner “Amanleek” in the Fintech Startup Seed Challenge 2022 Orange Egypt is proud to announce that the Egyptian startup “AmanLeek” won the Fintech Startup Seed Challenge 2022, which supports promising entrepreneurs with creative ideas in Egypt. This seed challenge was jointly launched by Orange Egypt and Orange Ventures, the Venture Capital of Orange Group. Amanleek is a digital platform that strives to expand access to insurance through a simple, seamless customer experience by introducing innovative digital solutions and customized insurance plans. The startup was adjudicated the winner of the Seed Challenge after a highly competitive selection process witnessing hundreds of applications, and rigorous evaluations overseen by a jury of experts. The winning company aspires to launch a new era in Egypt's insurance industry, in which products can be delivered hassle-free to every home in Egypt while maintaining complete transparency, thereby boosting the role of the industry within the Egyptian economy. The Seed Challenge’s primary objective is to support and amplify the work of seed ventures in their first round of fundraising and it mainly focuses on startups with less than EUR 1 million in funding operations across a variety of industries, including IT,