Grinta acquires Auto-Cure to further expand its footprint in Egypt

Grinta acquires Auto-Cure to further expand its footprint in Egypt

Cairo: Grinta, a leading e-commerce platform carefully designed to cater to independent pharmacists across Africa and the Middle East, announced its third acquisition of Auto-Cure. The deal was signed by both Mohamed Azab, Co-founder and CEO at Grinta, and Mohamed Rezk, Co-founder of Auto Cure.

Auto-Cure is a B2B e-commerce platform founded in 2022 serving independent pharmacists in Alexandria, Egypt. The Company was founded by Mohamed Rezk and his cofounder Amr Kamel, Mohamed Rezk will be joining as a partner at Grinta and leading the Commercial Team.

After signing, Mohamed Azab expresses his excitement for this acquisition because it contributes to the objective of “delivering customer-centric, data-driven, and fintech-enabled solutions to modernize the pharmaceutical supply chain in Egypt and beyond. Azab added, “The acquisition of Auto Cure is a testament to Grinta’s dedication to delivering value to their clients and growing its presence in the Egyptian market.”

Since inception in 2021, Grinta has acquired two companies, PH Store, a similar digital platform in northern Egypt, and EME, a software development company with a solid tech team. As a result, the company has expanded aggressively across nine governorates across Egypt. The company has served over 7,000 pharmacies since then and delivered over 200,000 orders.

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