$3 million for Roboost to expand AI-driven delivery in MENA

📦 Meet Roboost! An Egyptian logistics startup, offering a delivery management platform that leverages AI to automate delivery operations and resolve performance issues.

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And, they just secured $3 million in a recent investment round. 

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• Founded in 2018 by Mohamed Gessraha, Hassan Gessraha, and Mohamed Ali Sadek, Roboost currently operates across Egypt, Saudi Arabia, Kuwait, Morocco, and Tunisia.

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💰 Investor lowdown: This funding round was led by Silicon Badia, with particpation from RZM Investment, Flat6Labs, and Saudi angel investors. This funding will help Roboost expand its logistics solutions into e-commerce and middle-mile services.

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🔍 Slow and steady loses the race

In the MENA region, traditional delivery systems often struggle with efficiency and accuracy. 

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Okay, so how does Roboost elevate delivery management? 👇

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📍 Smart dispatch and routing: Roboost's system allows for auto-dispatching and creates smart routes for riders which the company claims has led to doubling delivery speeds and significantly reducing return rates - by over 80%.

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💰 Cost-effective operations: By optimising delivery processes, Roboost has managed to cut operational costs for its clients by as much as 30%.

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The platform also leverages heat maps and analytics for deeper customer insights, incorporates AI for sophisticated fraud prevention, and ensures a dynamic, real-time approach to managing fleet payments.

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👀 How’s it going?

Roboost has automated delivery operations for major brands in the region, from fast food to pharmaceuticals. 

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• These include notable names such as McDonald's Egypt and Kuwait, Buffalo Burger, El Ezaby Pharmacies, and Jumlaty.

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Currently, Roboost manages over 15,000 drivers, serves nearly 10 million customers, and has automated over 40 million orders to date.

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🔮 Flashforward

Roboost plans to use the fresh funding to grow its presence in the region's delivery market, with a focus on enhancing e-commerce and middle-mile logistics offerings.

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