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    Innovation Village | Technology, Product Reviews, Business
    You are at:Home»Ecommerce»Egypt’s Kemitt enters Saudi market with furniture eCommerce platform after latest funding round
    Kemitt Founders

    Egypt’s Kemitt enters Saudi market with furniture eCommerce platform after latest funding round

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    By Tapiwa Matthew Mutisi on July 25, 2024 Ecommerce, Funding, Investments, Marketplace, News, Startups, Technology

    Kemitt, the premier Egyptian online marketplace for furniture and home accessories, has announced its foray into the Saudi Arabian market, fueled by a recent funding round with undisclosed financial details.

    Established in 2017, Kemitt serves as a bridge between furniture and product designers and consumers, managing the entire process from manufacturing to delivery. The platform boasts an extensive selection of over 100,000 stock-keeping units (SKUs), offering customers the convenience of on-demand manufacturing and swift delivery times ranging from 7 to 12 days right to their homes.

    The capital injection from the latest funding round is set to bolster Kemitt’s strategic expansion efforts. The funds are earmarked for technological advancements to the platform, an increase in product offerings, the formation of local partnerships, and the company’s strategic move into the Saudi market.

    Mahmoud Fouad, the co-founder and CEO of Kemitt, expressed enthusiasm about the company’s growth trajectory: “We are incredibly excited to bring Kemitt to Saudi Arabia. This expansion is a testament to our commitment to innovation and customer satisfaction. The recent funding will enable us to scale our operations, enhance our technology, and offer our unique shopping experience to Saudi consumers. Our mission is to establish Kemitt as the go-to destination for furniture shopping in the region.”

    In celebration of its expansion, Kemitt has rolled out a specialized website for the Saudi Arabian audience, already featuring over 25,000 SKUs, signaling a significant milestone in the company’s regional presence.

    Egypt eCommerce Startup Kemitt Secures Undisclosed Six-figure Funding

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    Africa Business eCommerce Egypt Funding Investments Kemitt Mahmoud Fouad online marketplace Saudi Arabia Startups Technology
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    Tapiwa Matthew Mutisi
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    Tapiwa Matthew Mutisi has been covering blockchain technology, intelligent technologies, cryptocurrency, cybersecurity, telecommunications technology, sustainability, autonomous vehicles, and other topics for Innovation Village since 2017. In the years since, he has published over 4,000 articles — a mix of breaking news, reviews, helpful how-tos, industry analysis, and more. | Open DM on Twitter @TapiwaMutisi

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