Source: Food Business Africa

elmenus: JLL provides EUR26m financing for Neo Capital's acquisition of the Share Building in Hoofddorp, Netherlands

EGYPT - Elmenus, the Cairo-based food discovery, ordering, and delivery platform, has announced that it raised US$10 million in pre-Series C funding round lead by Egyptian payments firm Fawry. New York-based hedge fund Luxor Capital, and Egyptian property developer Marakez, also participated in the deal. It is important to note that Luxor is no guest in the food delivery scene as it has previously backed companies like Zomato, Glovo, and Gopuff. Elmenus is their first investment in the Middle East. Elmenus aims to use the funds to expand to more...

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Est. Annual Revenue
$5.0-25M
Est. Employees
250-500
Amir Allam's photo - Founder & CEO of elmenus

Founder & CEO

Amir Allam

CEO Approval Rating

90/100

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