Egypt’s Youth secures EGP 1 mn in funding

user icon
NOHA.GAD
calender icon
Dec 9, 2024
article image

Cairo - Sharikat Mubasher: Youth, the first student discount application in Egypt, raised EGP 1 million (around $20,000) in funding through the student entrepreneurship show, Gen-Z, the startup announced in a statement.

With more than 60 brand partnerships, the Youth application provides students with exclusive discounts in various sectors including fitness, dining, shopping, and entertainment.

This funding came as part of a broader initiative led by the Egyptian Ministry of Higher Education and Scientific Research, the Innovators Support Fund (ISF), and United Media Services.

Founded by Malak Elleithy, Youth caters to the needs of Egyptian Youth and aims to reshape student experiences across Egypt.

The Gen-Z show offers young entrepreneurs a platform to overcome financial, technical, and logistical challenges. It provides invaluable mentorship from leading business figures like Tarek Kamel, CEO of Nestlé Egypt, and Mohamed Shelbaya, CEO of PepsiCo Africa and Egypt.  


Share

Related News

Baraya closes series B round, raises total capital to $124mn
News
Calendar Icon
July 15, 2025
Baraya closes series B round, raises total capital to $124mn
Read More
Lucidya raises $30mn series B round to scale its AI Agent offering
News
Calendar Icon
July 14, 2025
Lucidya raises $30mn series B round to scale its AI Agent offering
Read More
Yasmina secures $2mn to expand embedded insurance platform
News
Calendar Icon
July 14, 2025
Yasmina secures $2mn to expand embedded insurance platform
Read More
WaHa secures $8mn series A-1 to scale water tech across GCC
News
Calendar Icon
July 13, 2025
WaHa secures $8mn series A-1 to scale water tech across GCC
Read More
XPANCEO raises $250mn Series A to build 1st smart contact lens
News
Calendar Icon
July 9, 2025
XPANCEO raises $250mn Series A to build 1st smart contact lens
Read More
BlueFive Capital closes founding round at $120mn valuation
News
Calendar Icon
July 8, 2025
BlueFive Capital closes founding round at $120mn valuation
Read More
Rekaz raises $5mn seed round to expand, enhance AI capabilities
News
Calendar Icon
July 8, 2025
Rekaz raises $5mn seed round to expand, enhance AI capabilities
Read More
Huspy closes $59mn series B round to expand in Europe, Middle East
News
Calendar Icon
July 8, 2025
Huspy closes $59mn series B round to expand in Europe, Middle East
Read More
Saudi Arabia’s Startup Scene Hits New Heights: Ninja Joins the Unicorn Club
News
Calendar Icon
July 7, 2025
Saudi Arabia’s Startup Scene Hits New Heights: Ninja Joins the Unicorn Club
Read More
TruKKer secures SAR 55 mn private credit facility from Ruya Partners
News
Calendar Icon
July 6, 2025
TruKKer secures SAR 55 mn private credit facility from Ruya Partners
Read More