On-demand logistics startup Yalla Fel Sekka (YFS) has raised $7 million in a Series A round led by DisruptAD.
More Details🧐 YFS provides instant delivery for groceries, food, & pharmaceutical products to urban communities in Egypt through its dark store network (warehouses with supermarket-like products but isn’t open to the public).
Co-founder & CEO Yasmine Abdel Karim said YFS currently has around 1,000 active drivers who deliver 10,000 daily orders. The company’s gross merchandise volume is growing at a 20% monthly rate, according to Abdel Karim.
Why is this Important🤔 YFS plans to use the funds to expand across Egypt & the MENA region, as well as expand its dark stores network.
