Egyptian food delivery platform Elmenus raises $10 million from Fawry and Luxor Capital
Published 13 Jul,2021 via MENAbytes - Cairo-based food discovery, ordering, and delivery platform Elmenus has raised $10 million in fresh funds (pre-Series C), from leading Egyptian payments firm Fawry, it announced in a statement today.
New York-based hedge fund Luxor Capital, and Egyptian property developer Marakez, also participated in the deal.
Luxor has previously backed companies like Zomato, Glovo, and Gopuff. Elmenus is their first investment in the Middle East.
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