Thndr Claps
  • U.S.
  • Egypt
  • Saudi
  • Thinkers
  • Arabic
No Result
View All Result
Thndr Claps

Thndr Claps » EGY Claps » Startup Spotlight 💡 » Brimore Raises $25 Million in Series A Round💰

Brimore Raises $25 Million in Series A Round💰

by Shams Abbas
January 31, 2022

Social e-commerce platform Brimore has raised $25 million in a Series A round led by the International Finance Corporation (IFC) & Endure Capital. Several new & existing investors also participated in the round, including  Fawry & Endeavor Catalyst Fund (new) & Algebra Ventures & Disruptech (existing)

More on Brimore🛒 Brimore is a social e-commerce platform that allows small businesses direct access to local communities that can promote &/or consume their products.

Social e-commerce is online shopping that’s inspired by what others purchase or recommend, such as customer ratings & reviews, for example.

More Details🧐 Brimore came to existence after its founders saw how emerging brands struggled to get their products to the market with so many established brands out there.

Brimore has grown its network to over 75k resellers, with 74% of them being women.

Why is this Important🤔 The social e-commerce market in Egypt is expected to be worth over $14 billion by 2024.

Brimore plans to use the funds to grow its product offerings & network suppliers as well as accelerate its expansion across Africa.

  • Click to share on Facebook (Opens in new window)
  • Click to share on Twitter (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on WhatsApp (Opens in new window)

Related Posts

Startup Spotlight 💡

MNT Halan valued at $1 billion

by Shams Abbas
February 2, 2023
E-Finance continues its expansion efforts
Tech 📲

E-Finance continues its expansion efforts

by Shams Abbas
November 28, 2022
Tech 📲

E-Finance subsidiary partners with Schneider Electric

by Shams Abbas
November 19, 2022
Tech 📲

E-Finance’s 9-month 2022 profits surge📲

by Shams Abbas
November 15, 2022
Tech 📲

Fawry profits decline during first 9 months of 2022📉

by Shams Abbas
November 15, 2022
Tech 📲

E-Finance partners with IBM🤝

by Shams Abbas
November 9, 2022

Website

Community

Blog

Learn

© Thndr. All rights reserved

No Result
View All Result
  • U.S.
  • Egypt
  • Saudi
  • Thinkers
  • Arabic

Disclaimer: Thndr does not provide investment advice, individual investors are responsible for their own decisions or can seek independent advice. The value of investments can go up and down. Thndr is a trading name of Thndr Securities Brokerage which is authorised and regulated by the Financial Regulatory Authority (FRA). Registered in Egypt (no. 804)..© Thndr. All rights reserved

 

Hello👋 We want you to be able to express your opinions on anything and everything finance and economics related to the Egyptian and US markets.

This is why we introduced Thndr Thinkers💭

Let’s go through some housekeeping notes before you jump into publishing your article to all Thndr Claps readers!

Type of Content📝 We want to see market-relevant content that shows good analysis, please! Base your articles on facts 

Don’t be shy, explain🗣 Flex your knowledge to us, and we’ll share it with all the readers!

Be Original🙏 Please don’t copy. No one likes a copycat. All submissions are welcome as long as they’re yours 

Make your title attractive🤩 A title is like the cover of your book. Attractive enough to make you look at the book but also clear enough to tell you what the book is about.

Clean🧹 We’re all humans and we all make mistakes. But please try and clean up the article so it’s clear for all the readers 

No promotional content🚫 We don’t publish promotional content.

Any questions about becoming a Thndr Thinker? Email thndrclaps@thndr.app and we’d be happy to help!

Normally, your article will be published within 24 hours of submission (if you followed the guidelines)