Egyptian last-mile delivery startup Bosta raises seven-figure Series A from European parcel delivery giant DPDgroup
Founded in 2017 by Mohamed Ezzat, Ahmed Gaber and Mohamed El-Houssainy, Bosta is the first on-demand and same-day delivery provider in Egypt, leveraging technology to empower businesses is what we do best. The main goal of Bosta is to disrupt the logistics industry by bringing vision, technology, and experience altogether to provide a one-stop-shop for delivery solutions.
The startup relies on advanced technology to help you deliver in a short time & collect cash even faster.
Bosta connects you to a courier to deliver your packages just like Uber connects you to drivers, then you can order your deliveries, track your courier, and follow up on cash collection – all in one system.
Founded in 2016 by Mohamed Ezzat, Ahmed Gaber and Mohamed El-Houssainy, Bosta provides different types of last-mile delivery solutions to e-commerce businesses in Egypt.
Bosta doesn’t own the fleet or have salaried drivers. It instead uses an Uber-like asset-light model with all the drivers on its network being freelancers who earn money for every completed parcel delivery.
The startup that has served over 5,000 businesses in Egypt to date has grown over ten times in the last twelve months to be delivering 150,000 parcels a month now, Bosta’s co-founder and CEO Mohammed Ezzat claimed, in a conversation with MENAbytes.