What does Nawy do?
Nawy develops an end-to-end real estate platform that facilitates the buying, selling, investing, financing, and managing of properties, offering a seamless experience for prospective buyers, sellers, and investors.
How much did they raise?
The company raised $52M in a Series A round, which was led by Partech with participation from e& Capital, March Capital Investments, Verod-Kepple Africa Ventures, VentureSouq, Endeavor Catalyst, Development Partners International via the Nclude Fund, Shorooq Partners, Outliers, HOF Capital, and Plug and Play.
What are their plans for the money?
Nawy intends to use the raised funds to enhance and scale its platform, expand its service offerings in the real estate sector, and drive innovative, tech-enabled experiences for all stakeholders in property transactions.
What have they achieved so far?
Founded in 2019, Nawy has already established a robust platform that supports various real estate activities, positioning itself as a key player in Egypt’s evolving real estate market.
