What is Naqla?
Established in 2017, Naqla was founded by a seasoned management team with deep expertise in the supply chain sector. The company aims to digitally transform and modernize Egypt's estimated E£30 billion road freight industry. By leveraging app-based technology, Naqla efficiently connects independent carriers with cargo companies. This digital approach facilitates the generation of optimal rates and the most efficient logistical paths for all parties involved, offering a more affordable, efficient, and transparent alternative to traditional methods.
How much funding has Naqla raised?
Naqla has raised a total of $10.5M across 1 funding round:
Other Financing Round
$10.5M
Other Financing Round (2022): $10.5M with participation from El Sewedy Capital Holding and Hassan Allam Holding
Key Investors in Naqla
El Sewedy Capital Holding
El Sewedy Capital Holding is an investment firm that likely focuses on strategic capital allocation within various industries, potentially including logistics and infrastructure.
Hassan Allam Holding
Hassan Allam Holding is a diversified Egyptian conglomerate with extensive experience in construction, infrastructure, and utilities management, suggesting a strategic interest in companies that enhance logistical efficiency and industrial development.
What's next for Naqla?
The recent major strategic investment signals a pivotal growth phase for Naqla. This capital infusion is expected to accelerate the company's expansion efforts, enhance its technological infrastructure, and broaden its market reach within Egypt's vast road freight sector. Naqla's focus on digital modernization positions it to capture a significant share of the market, driving efficiency and transparency in a traditionally fragmented industry.
See full Naqla company page
