Sylndr Raises $15.7m to Expand Beyond Online Marketplace for Used Cars

Sylndr's USD 15.7 M Raise Targets Egypt Auto Makeover—One Used Car At A Time

Cairo-based used-car marketplace Sylndr has secured USD 15.7 M in Series A funding, reaffirming investor confidence in its ambition to reinvent Egypt’s chaotic secondhand vehicle market into a structured, tech-driven mobility ecosystem. The round was led by DPI Venture Capital via the Nclude Fund, with backing from a mix of local and international names including Algebra Ventures, Nuwa Capital, Raed Ventures, and Beltone Venture Capital. This la…

Egypt’s Sylndr Raises $15.7 Million To Take On The Used-Car Market

Sylndr, a Cairo-based startup bringing structure to Egypt’s chaotic used-car market, has raised a $15.7 million Series A round led by DPI Venture Capital via the Nclude Fund. Why it matters Egypt’s used-car market is massive but plagued by paper contracts, cash deals, and unverified listings. Sylndr is betting that trust, tech, and financing can […] The post Egypt’s Sylndr Raises $15.7 Million To Take On The Used-Car Market appeared first on Tec…

Sylndr raises $15.7m to digitise Egypt’s used-car sector

Egypt’s Sylndr raises $15.7m to modernise used-car sales with tech-driven platform for buying, selling, financing, and servicing vehicles.

Sylndr raises $15.7m to expand beyond online marketplace for used cars

Sylndr, an Egyptian-based online marketplace for used cars, has raised $15.7 million in a funding round led by London-based Development Partners International’s Include Fund Venture Capital. The new funding, which brings its total raised since launch to over $30 million, will strengthen Sylndr’s expansion beyond online used car sales into auto financing, servicing, and tools for dealers. According to the company, the latest funding round include…

Sylndr Raises $15.7m to Expand Mobility Ecosystem in Egypt’s Used-Car Market - Innovation Village | Technology, Product Reviews, Business

Cairo-based used-car platform Sylndr has raised $15.7 million in Series A equity funding, marking a strategic shift in its evolution from a used-car marketplace to a fully integrated automotive platform. The round was led by Development Partners International (DPI) Venture Capital via its Nclude Fund, with participation from leading investors such as Algebra Ventures, Nuwa Capital, Raed Ventures, Beltone Venture Capital, and others. This latest …