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Egypt-based Swvl raises $8m in series A funding

Swvl, the Egyptian app-based mass transit application, announced an $8m series A that was led by regional venture fund BECO Capital, Africa-based investor DiGAME, and venture capital (VC) firm Silicon Badia. Other VC firms, Raed Ventures, Arzan VC, and Oman Technology Fund, and the chairperson of EDventure Holdings, Esther Dyson, also participated in the round. …

Daily News Egypt

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