Y Combinator acquires 7 per cent of Morocco’s B2B e-commerce startup Chari

morocco startup chari combinator cent
Middle East

Y Combinator acquires 7 per cent of Morocco’s B2B e-commerce startup Chari

Press release

Y Combinator is a San Francisco-based startup accelerator. It is known to be the most selective startup incubator in the world (only 1% of the start-ups that apply are accepted1 ).

Big names such as Airbnb, Dropbox, Stripe, Twitch, Sendbird, Reddit, or even Zapier have gone through Y Combinator2 . With offices in Morocco and Tunisia, Chari becomes the first startup operating in several Maghrebian markets to welcome YC in its cap table. With the acquisition of 7% of Chari’s equity, Y Combinator joins the prestigious cap table of the Moroccan

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