6 years ago
Odiggo Raises $180,000 Seed Funding to Expand into Saudi Arabia
Odiggo, a Cairo-based ecommerce marketplace for auto spare parts, has raised $180,000 in seed funding from Saeed Al Jaberi, a Saudi angel investor
Founded in 2017, Odiggo sells auto spare parts all over Egypt through its bi-lingual website and mobile apps
The startup plans to use the investment to launch in Saudi Arabia, expand its team, and grow its technical infrastructure
Odiggo claims to have the largest catalog of auto spare parts in the region with over 290,000 products in their database
The startup makes money by charging 7 to 22 percent commission on every order made through their website or mobile app.
ProblemTechnology
"Buying car parts and services is a complex and time-consuming process, often requiring multiple visits to different stores and service centers."
Solution
"Odiggo is an online marketplace that simplifies the process of buying car parts and services. Users can browse a wide selection of parts, compare prices, and order directly from the platform. Odiggo also offers delivery to service centers or homes."