Egyptian on-demand courier app Bosta has raised funding from Dubai-based Numu Capital, with the aim of taking the instant delivery service global.
Founded last year, Bosta provides an on-demand courier app with a B2C focus, allowing businesses to send parcels to their customers. Businesses and customers can monitor their deliveries in real time and communicate with the courier along the way.
Key to Bosta’s offering is the promise to complete any delivery within two hours, for which the startup has dubbed its service “instant delivery”.
The startup has achieved substantial traction since launching, which is what Numu Capital says prompted the investment.
Bosta plans to use the funds to capture further market share, and has ambitions to take the instant delivery model global.
The startup hopes to raise a further funding round later this year.