Egypt-based last mile delivery startup dreevo has launched its operations after raising a six-digit pre-seed investment from EF Logistics, a third-party logistics service provider.
dreevo will cover all of Egypt and is currently operational in 22 cities across the country. The startup hopes to simplify the e-commerce business cycle for both merchants and customers, offering its clients door-to-door delivery, warehousing and fulfillment, pick up stations, choose and return services, all of which can be customised to cater to the merchant’s business model.
“We are positioning ourselves to be the partner of choice for all e-commerce startups and merchants in the region,” said Sameh Shaheen, CEO at dreevo.
The investment will be used to introduce new services in the market and expand into the Middle East and North Africa region in the near future.
“dreevo represents the next logical step in our evolution as a third party logistics provider. With their emphasis on advanced analytics combined with the calibre of team assembled, coupled with our own experience in the logistics field; we have no doubt that dreevo will flourish into a regional market leader in the growing market of last mile delivery solutions,” said Ahmed El Zahwi, CEO at EF Logistics.