About WaffarX
WaffarX is a company based in Cairo (Egypt) founded in 2018 by Mohamed Fayek.. WaffarX operates in a competitive market with competitors including GetPlus and Otlob Coupon, among others.
- Headquarter Cairo, Egypt
- Founders Mohamed Fayek
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Sectors
Retail
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Lobby Capital
& 2 more
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Employee Count
Employee Count
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Funding Insights of WaffarX
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
- First Round First Round
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2022 | Amount | Seed - WaffarX | Valuation |
investors |
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| Dec, 2021 | Amount | Seed - WaffarX | Valuation | Lobby Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in WaffarX
WaffarX has secured backing from 3 investors, including angel and venture fund investors. Prominent investors backing the company include Kevin Johnson, Lobby Capital and A15. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Lobby Capital is engaged in funding innovative tech startups.
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Founded Year | Domain | Location | |
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A venture capital firm focused on early-stage tech investments.
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Founded Year | Domain | Location | |
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KJ
Kevin Johnson |
Angel investor in Indian startups, focus on tech and innovation.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by WaffarX
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - WaffarX
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Waffarx Comparisons
Competitors of WaffarX
WaffarX operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as GetPlus and Otlob Coupon, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
App-based platform offering rewards
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| domain | founded_year | HQ Location |
Online platform offering verified coupon codes and deals for shoppers.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Waffarx
Frequently Asked Questions about WaffarX
When was WaffarX founded?
WaffarX was founded in 2018 and raised its 1st funding round 3 years after it was founded.
Where is WaffarX located?
WaffarX is headquartered in Cairo, Egypt.
What does WaffarX do?
WaffarX was founded in 2018 in Cairo, Egypt, as an online platform in the e-commerce sector. Cashback and discounts are offered across diverse categories, including fashion, beauty, electronics, home and garden, baby products, travel, sports accessories, and tickets. Services are extended through partnerships with various stores and brands, enabling users to access savings on a wide range of purchases. Operations are centered in the Middle East region.
Who are the top competitors of WaffarX?
WaffarX's top competitors include GetPlus and Otlob Coupon.
Who are WaffarX's investors?
WaffarX has 3 investors. Key investors include Kevin Johnson, Lobby Capital, and A15.