Awfar Secures Funding Round

by Kay Aloha Villamor in November 6th, 2023

Awfar, a Cairo, Egypt-based SaaS e-commerce startup, secured a six-figure sum in funding. 

SaaS Investors

The investment was from Saudi Arabia-based venture studio Value Maker Studio (VMS).

Value Maker Studio is a venture studio that helps MENA entrepreneurs and global startups succeed in the KSA market with its resources, expertise, and connections. Their mission is to actively empower exceptional entrepreneurs, drive technological innovation, foster job creation, and secure a strategic foothold within the Saudi market.

Awfar Use of Funds

The company aims to use the funds to expand its presence in the country.  

About Awfar

Founded in 2020 by Abdelrahman Galal, Awfar is a SaaS company that offers fully integrated technology solutions for retail businesses including cloud-based offerings, point of sale (POS), commercial and operational reporting, and delivery management solutions in one dashboard integrated with retail aggregators, third-party logistics providers, and analytics and marketing capabilities. Awfar support all the popular online grocery, pharmacies, and restaurant and all retail delivery models with its customizable e-commerce solutions.

Funding Details

Company: Awfar, Inc.

Raised: Undisclosed

Round: Unknown

Funding Month: November 2023

Lead Investors: Value Maker Studio (VMS)

Additional Investors: 

Company Website:

Software Category: Ecommerce Solutions


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