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Cairo-based mobile app that lets grocery retailers order from wholesale food producers and request delivery.
Based in Cairo, Egypt, and founded in 2018, MaxAB develops a mobile app that lets grocery retailers order from wholesale food producers and request delivery. It serves traditional retailers across Egypt and has fulfilled more than one million orders. Co-founded by Belal EL-Megharbel and Mohamed Ben Halim, the company raised USD 55 million in a Series A round in July and August 2021, co-led by Beco Capital and 4DX Ventures. In August 2021 it acquired Morocco-based WaystoCap for an undisclosed amount.
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