Cairo-based Ordera raises six-figure seed fund
Cairo: Cairo-based food delivery startup Ordera has raised a six-figure seed funding round to help it expand its team and launch in new cities.
Launched in 2019 by Karim Abdel Kader, Noha Bassiouny, and Abeer Mostafa, Ordera allows users to order ahead, pay, and pick up orders, providing contactless drive-through and on-the-go pick-up options.
The startup says it has witnessed an uptick in the number of users and orders as well as the number of restaurants and outlets listed on its platform since the COVID-19 pandemic, and it has now raised six-figure seed funding to help it continue to grow.
Ordera took part in the Saudi Arabia-based accelerator run by 500 startups in collaboration with Misk Innovation last year, and its lead investor is from the kingdom, in the form of DAAL VC. Alexandria Angels and AUC Angels are also involved.