Wasla Browser

Cairo, Egypt Founded: 2018 • Age: 8 yrs
Reward-based Android browser is provided to subsidize data costs.
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About Wasla Browser

Wasla Browser is a company based in Cairo (Egypt) founded in 2018 by Mahmoud El Said.. Wasla Browser has raised $10.38 million across 4 funding rounds from investors including Contact, Ebtikar and Samurai Incubate Africa. Wasla Browser offers products and services including Wasla Browser. Wasla Browser operates in a competitive market with competitors including Gener8 Ads, Cocoon, mCent Browser, Broearn and BrowsBit, among others.

  • Headquarter Cairo, Egypt
  • Founders Mahmoud El Said
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Internet of Things (IoT) & Connectivity
Technology → Internet of Things (IoT) & Connectivity
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $10.38 M (USD)

    in 4 rounds

  • Latest Funding Round
    $9 M (USD), Series A

    Feb 15, 2022

  • Investors
    Contact

    & 5 more

  • Employee Count
    Employee Count
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Products & Services of Wasla Browser

Wasla Browser offers a comprehensive portfolio of products and services, including Wasla Browser. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Enables online shopping with cashback and deal finding tools.

People of Wasla Browser
Headcount 10-50
Employee Profiles 28
Employee Profiles
People
Islam Talaat
Fintech Product Manager
People
Alaa Nasser
Senior Product Designer
People
Farrah Bakr
Head of Product
People
Mahmoud El Said
Co-Founder & CEO

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Funding Insights of Wasla Browser

Wasla Browser has successfully raised a total of $10.38M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $9 million completed in February 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 4
  • Last Round Series A — $9.0M
  • First Round

    (12 Dec 2018)

  • Investors Count 6
Date Amount Transaction Name Valuation Lead Investors Investors
Feb, 2022 Amount Series A - Wasla Browser Valuation Contact
Jul, 2021 Amount Seed - Wasla Browser Valuation SAMURAI INCUBATE AFRICA
Dec, 2019 Amount Seed - Wasla Browser Valuation Egypt Ventures , Ebtikar
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Wasla Browser

Wasla Browser has secured backing from 6 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Contact, Ebtikar and Samurai Incubate Africa. 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.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Venture capital investments are made in African startups.
Founded Year Domain Location
EgyptVentures is focused on investing in innovative Egyptian startups.
Founded Year Domain Location
Insurance brokerage and financial services are provided in Egypt.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Wasla Browser

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Wasla Browser

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Wasla Browser Comparisons

Employees
+
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Competitors of Wasla Browser

Wasla Browser 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 Gener8 Ads, Cocoon, mCent Browser, Broearn and BrowsBit, 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
Reward-based browsers are provided for enterprise ad engagement.
domain founded_year HQ Location
Backpacks and laptop bags are sold by internet-first brand Cocoon.
domain founded_year HQ Location
A mobile browser app that rewards users for their browsing activity.
domain founded_year HQ Location
Secure Web 3.0 browser with multi-chain wallets and user reward systems.
domain founded_year HQ Location
Provides a reward-enabled browser app to enhance user engagement and browsing experience.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Wasla Browser

Frequently Asked Questions about Wasla Browser

When was Wasla Browser founded?

Wasla Browser was founded in 2018.

Where is Wasla Browser located?

Wasla Browser is headquartered in Cairo, Egypt.

Who is the current CEO of Wasla Browser?

Mahmoud El Said is the current CEO of Wasla Browser. They have also founded this company.

Is Wasla Browser a funded company?

Wasla Browser is a funded company, having raised a total of $10.38M across 4 funding rounds to date. The company's 1st funding round was a Seed of $1.2M, raised on Dec 12, 2018.

What does Wasla Browser do?

Wasla Browser was founded in 2018 in Cairo, Egypt, within the mobile technology sector. An internet browsing application for Android devices is offered, where data costs are subsidized through user rewards in the form of recharge points. A gamified interface is utilized for completing in-app tasks to earn points, redeemable for prepaid recharges or monthly postpaid bills. Mobile advertising is leveraged to enable free surfing experiences for users.

Who are the top competitors of Wasla Browser?

Wasla Browser's top competitors include Gener8 Ads, Cocoon and mCent Browser.

What products or services does Wasla Browser offer?

Wasla Browser offers Wasla Browser.

Who are Wasla Browser's investors?

Wasla Browser has 6 investors. Key investors include Contact, Ebtikar, Samurai Incubate Africa, EgyptVentures, and Glint Consulting.

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