Mobile Masr raises $500,000 Seed round

Mobile Masr raises $500,000 Seed round

Source: Waya

MobileMasr raised $500,000 in a seed round, the round witnessed participation from prominent angel investors in the UAE and Qatar in the media and telecom industry in partnership with Intercap Capital Investment Bank.

The funds will be used to further consolidate MobileMasr’s presence as an e-commerce portal specializing in the sale of used mobile phones and tablets while expanding further with the launch of new innovative products and services.