Kuzlo, a B2B marketplace based in Alexandria has raised an undisclosed pre-seed round led by Nama Ventures. Kuzlo connects fast-moving consumer goods (FMCG) small retailers with wholesalers available in their area.
Who is affected🤷 Kuzlo was founded in March 2021 by four co-founders Ayman, Tarek, Bassem, & Gebril, who believe digitalization is the main driver for the transformation of many industrial sectors and the B2B marketplace in Egypt.
Why is this important🤔 Kuzlo joins a rapidly-changing FMCG market due to high competition from mega stores and chains to traditional supermarkets and groceries. KUZLO provides FMCG players with a better supply network to ensure business success using technology.