Tech Company Financing Transactions

Chari Funding Round

Chari, operating out of Bouskoura Casablanca, secured $5 million in funding from Global Founders Capital, P1 Ventures and Rocket Internet.

Transaction Overview

Company Name
Announced On
10/7/2021
Transaction Type
Venture Equity
Amount
$5,000,000
Round
Seed
Proceeds Purpose
the company will use the funding to get licences to offer other financial services like remittances, bill payments, mobile top-up and buy now, pay later in Tunisia and Morocco.

Company Information

Company Status
Private & Independent
Industry
ECommerce
Mailing Address
Zone Industrielle Ouled Saleh
Bouskoura Casablanca, 25 100
Morocco
Email Address
Overview
Chari, a one stop shop that puts the power of e-commerce in the hands of retailers. Trade in the French Speaking Africa tends to be fragmented and informal. For example, in Morocco, there are around 200,000 convenience stores selling more than 100 billion dirhams of merchandise each year.
Profile
Chari LinkedIn Company Profile
Social Media
Chari Company Twitter Account
Company News
Chari News
Facebook
Chari on Facebook
YouTube
Chari on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Ismael Belkhayat
  Ismael Belkhayat LinkedIn Profile  Ismael Belkhayat Twitter Account  Ismael Belkhayat News  Ismael Belkhayat on Facebook
Chief Operating Officer
Sophia Alj
  Sophia Alj LinkedIn Profile  Sophia Alj Twitter Account  Sophia Alj News  Sophia Alj on Facebook


 

 

Browse more venture capital transactions:

Prev: 10/7/2021: CarbonBuilt venture capital transaction
Next: 10/7/2021: Orca Security venture capital transaction

 

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