Egyptian startup JewelHub, an online platform for jewellery shopping, has raised funding from entrepreneur and investor Nada El Mosalamy after graduating from the AUC Venture Lab accelerator.
JewelHub aims to create a one-stop-shop for jewellery shopping in Egypt, and has now been boosted by the investment from El Mosalamy, founder or fashion company Cool and Comfy by Nadz and a mentor at the AUC Venture Lab.
“We wanted someone interested and passionate about the fashion business as we are,” said JewelHub co-founder Haytham Ragab, adding that having El Mosalamy as a partner would give the startup a boost in terms of connections and ideas.
El Mosalamy said it had been a great opportunity to meet JewelHub through her mentoring at AUC Venture Lab.
“They have been great to work with and help grow. I am very happy with my investment with them so far, and I’m also collaborating with them for my fashion brand,” she said.
JewelHub has been expanding locally and internationally, expanding to countries such as Switzerland and the United Kingdom.