Egypt’s Online Marketplace Kemitt Raises Funding
- Kemitt, an online marketplace for furniture, has raised an undisclosed round of funding.
- The startup plans to expand to Saudi Arabia with the latest funding round.
- Kemitt connects furniture designers and consumers, handling manufacturing, overheads, and logistics.
The funding received by Kemitt indicates investor confidence in the online marketplace's business model and growth potential. Expanding to Saudi Arabia presents an opportunity for further market penetration and revenue generation. However, the lack of disclosure regarding the funding amount and investors raises questions about transparency and accountability.
