Egyptian startup, Makwa, secures substantial financial backing of six figures to expand its laundry services on-demand
Makwa Secures Six-Figure Investment to Revolutionize the Laundry Industry
Makwa, a Cairo-based on-demand laundry services startup, has recently secured a six-figure investment from an unnamed angel investor. This investment will help the company continue to revolutionize the laundry industry.
Founded in 2018 by Aly Eteiba, Makwa offers various laundry services such as dry cleaning, ironing, and washing and ironing through its mobile app. The startup's mission is to provide a convenient, hassle-free, and enjoyable customer experience while delivering a reliable and consistent product and service.
With the Makwa app, users can request pick-up and delivery of their clothes, add special washing/ironing instructions, track their orders, and make payments online. Makwa partners with high-quality vendors to clean the clothes while following Makwa's guidelines.
Niko Bonatsos, an angel investor, has also shown faith in Makwa by investing six-figure sums in the startup. Bonatsos is confident that Makwa will continue to make a significant impact in the laundry industry.
Makwa was part of Flat6Labs Cairo's Fall 2019 cycle and was one of the startups to reach the finals of RiseUp's Pitch by the Pyramids. These recognitions further validate Makwa's commitment to innovation and customer satisfaction.
Aly Eteiba, the founder and CEO of Makwa, stated that the investment will help the company to expand its services, improve its technology, and reach more customers. With this investment, Makwa is well-positioned to lead the way in the on-demand laundry services sector.
As Makwa continues to grow, it is poised to change the way people think about laundry services. With its user-friendly app, high-quality services, and commitment to customer satisfaction, Makwa is set to make a lasting impact in the industry.
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