Mauvelli
Mauvelli
Mauvelli
  • Home
  • Services
  • Resources
    • Blog
  • Copywriting Bootcamp
  • Uncategorized

Glamera, An Egyptian Beauty Start-Up Recently Acquired A Six-Figure Seed Funding. Here’s What We Think

  • August 11, 2020
  • Mauvelli
Total
0
Shares
0
0
0

Asides the fact that startup founders strive to make a profit for their respective startups, they identify a problem in their fields, then see it as an opportunity to start something new. Similarly, in building a successful fashion brand, fashion entrepreneurs need to solve a problem to make it a win-win situation for themselves and interested investors.

Glamera, a fashion beauty startup in Egypt, recently announced a 6-figure seed funding from Dual Gate Investment Holding to expand across the Middle East and North Africa. With many announcements of equity funding in the Egyptian fashion space, what is the Egyptian government including in their industries, when compared with Nigeria? And what does this mean for Glamera?

About Glamera 

Situated in Egypt, Glamera is the first mobile application to book an appointment for beauty and health services for more than 50 places in the Middle East and North Africa. What this means is that Glamera enables women from all over to book beauty services beforehand, ranging from hair care to skin care, massages and many more.

It was founded in 2019 by Mohammed Hassan, Omar Fathy and Safer Alsheri when they noticed a gap in the market for customers to reach out to beauty and health professionals for consultations and services without hassles. Due to the COVID-19 pandemic, the startup noticed an increase in the number of users, and just like the founder shared,

“The current circumstances have prompted users to realise the importance of pre-booking for all services, including the beauty sector. It also raised the awareness of the providers for joining the app to schedule their client’s appointment through pre-booking.”

Startup Ecosystem In Egypt 

The Egyptian government over the years has ensured that policies and foundations have been set up to scale the growth of small and medium scale enterprises in the country. In 2018, Egypt was ranked the fastest-growing startup in the Middle East and North Africa, according to MAGNiTT.

A conducive atmosphere for startup entrepreneurs, just like the one the Egyptian government is providing, gives these entrepreneurs innovative ways to unleash their potential. Recently, DressCode, which is also an Egyptian fashion E-commerce startup, announced the funding they acquired from an Egyptian investment firm, Egypt Ventures.

Since the inception of the government economic reform plan, the establishment of incubators to fund innovative ideas, targeted policy tools and many more, the Egyptian government is deliberately and intentionally helping SMEs to overcome financial gaps, business support problems and many other challenges.

Nigeria Startup Ecosystem 

In comparison with the policies and reforms put in place by the Egyptian government to support startup founders and entrepreneurs in the country, some changes need to be made in Nigeria’s startup ecosystem.

With the large youth population and the high unemployment rate in Nigeria, entrepreneurs, especially fashion entrepreneurs, should be able to reach their maximum potential with the right policies and reforms.
Through this seed funding, Glamera aims to expand their reach to other countries in the Middle East and North Africa region, and just like Omar Fathy, the Chief Technology Officer added,

“We have a powerful team of the best technical developers and expert project managers, working continuously to improve the design of the application interface to suit users, in addition to coming up with a recent version of the application within days that will impress users.”

This seed funding, like many others, will also provide Glamera with the option of expanding their teams to cater to the increased needs of users while scaling the growth of the fashion startup.

Total
0
Shares
Share 0
Tweet 0
Pin it 0
Mauvelli

Subscribe

Get timely fashion business insights that will help you build your brand.

You May Also Like
Easter Lauder and Amanda Gorman
View Post
  • Uncategorized

Estee Lauder Names Amanda Gorman First Global Changemaker, TikTok Announces #TikTokFashionMonth and More

  • Iyinoluwa Oludiya
  • September 10, 2021
View Post
  • Fashion Business
  • Uncategorized

7 Ways To Increase The Profit Margin In Your Fashion Business

  • Iyinoluwa Oludiya
  • June 8, 2021
View Post
  • Uncategorized

These Are The 6 Hottest Instagram Looks in White That We Saw This Week

  • Iyinoluwa Oludiya
  • May 29, 2021
View Post
  • Uncategorized

Oluwapelumi Adesina’s 6 Tips To Help You Choose The Perfect Gele Style And Makeup Look For Clients

  • Iyinoluwa Oludiya
  • May 10, 2021
View Post
  • Uncategorized

See How to Achieve This Flawless Chocolatey Owanbe Look By Oluwapelumi Adesina

  • Iyinoluwa Oludiya
  • May 6, 2021
What fashion investors are thinking
View Post
  • Fashion Business
  • Promo Premium
  • Uncategorized

Read This Before Pitching Your Fashion Brand to an Investor

  • Mauvelli
  • May 6, 2021
jeff bezos
View Post
  • Uncategorized

Resource: Download Amazon CEO, Jeff Bezos, Shareholder Letters

  • Mauvelli
  • April 12, 2021
View Post
  • Uncategorized

African Brands: Asides Adding Sequins And More On African Fabrics, Here’s What Makes The Lisa Folawiyo Brand Unique

  • Mauvelli
  • January 12, 2021
10 comments
  1. Buy Firearms Online says:
    June 24, 2022 at 6:17 pm

    350341 660627really great post, i surely really like this internet site, go on it 971417

  2. tinyurl.com says:
    June 7, 2022 at 9:24 pm

    Heya i am for the first time here. I found
    this board and I find It really useful & it helped me out much.
    I hope to give something back and help others like you aided me.

  3. tinyurl.com says:
    June 5, 2022 at 11:55 pm

    At this moment I am going to do my breakfast, when having
    my breakfast coming again to read further news.

  4. t.co says:
    June 5, 2022 at 4:25 am

    Greetings! Very helpful advice in this particular article!

    It’s the little changes that make the largest changes.
    Thanks for sharing!

  5. ticket flight says:
    April 5, 2022 at 5:13 pm

    I like the helpful information you provide in your articles.
    I’ll bookmark your blog and check again here frequently. I am
    quite certain I will learn many new stuff right here!
    Best of luck for the next!

  6. what asmr says:
    December 12, 2021 at 5:30 pm

    My family members always say that I am wasting my
    time here at web, except I know I am getting know-how everyday
    by reading thes good posts.

  7. that asmr says:
    November 22, 2021 at 5:57 pm

    I’m no longer positive where you’re getting your information,
    but great topic. I must spend some time studying more or working out more.
    Thanks for excellent info I was looking for this information for my mission.

  8. why not find out more says:
    September 4, 2021 at 11:20 am

    58150 564741Simply wanna input that you have a very good website , I enjoy the pattern it really stands out. 571952

  9. http://bit.ly says:
    August 29, 2021 at 5:40 pm

    This is my first time visit at here and i am really happy to read all at one place.

  10. CBD Cream for pain says:
    June 25, 2021 at 10:02 am

    407184 104719I gotta favorite this internet website it seems handy . 998377

Leave a Reply

Your email address will not be published. Required fields are marked *

Recent Posts
  • 2 Must-Know Copywriting Hacks to Skyrocket Customer Engagement & Sales, Even If You’ve Never Written Before
  • 6 Steps to Review Your Marketing Strategy for Better Results
  • How to Write Content That Inspires People To Act in 3 Steps
  • Learn Highly-Paid Writing Skills – Become an insanely good Copy and Content Writer in The Verge Accelerator
  • How To Conduct A SWOT Analysis For Your Fashion Business For Better Business Decision Making
Categories
  • Business poems
  • Collections
  • Fashion
  • Fashion Business
  • Fashion News
  • fashiontech
  • In my closet
  • Insiders
  • Marketing
  • People work
  • Premium
  • Promo Premium
  • Series
  • Services
  • Trending
  • Uncategorized
  • What they think