ShareEgypt grocery delivery startup Breadfast has completed a successful $26 million Serie A round led co-led by Vostok New Ventures and Endure Capital. Founded in 2017 by Muhammad Habib, Mostafa Amin, and Abdallah Nofal, the on-demand grocery delivery platform operates as a bakery service delivering fresh bread and pastries at the customer’s doorstep. Operating in Egypt, Breadfast will expand its footprint across the country and beyond. There has been a surge in funding directed at grocery delivery apps in Africa. Delivery Hero, a takeaway delivery app acquired leading online grocery marketplace InstaShop in 2020.

Source: The North Africa Journal November 05, 2021 17:49 UTC