Khazenly operates as an omnichannel fulfillment and logistics solutions company for retailers. The company's platform allows merchants and social commerce retailers to optimize fulfillment processes digitally when selling online, via retail stores, marketplaces, cross-border, or a combination of these channels. It serves clients operating in the retail and e-commerce industries. It was founded in 2020 and is based in Cairo, Egypt.
Research containing Khazenly
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CB Insights Intelligence Analysts have mentioned Khazenly in 1 CB Insights research brief, most recently on Mar 14, 2023.
Expert Collections containing Khazenly
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Khazenly is included in 3 Expert Collections, including Supply Chain & Logistics Tech.
Supply Chain & Logistics Tech
Companies offering technology-driven solutions that serve the supply chain & logistics space (e.g. shipping, inventory mgmt, last mile, trucking).
Retail Tech 100
The most promising B2B tech startups transforming the retail industry.
Store tech (In-store retail tech)
Latest Khazenly News
May 3, 2023
Share SHARE Khaznely, a leading company in the field of digital warehousing, processing and delivery services, has announced the launch of its latest service “Across Borders”, which provides Egyptian merchants with complete solutions to expand in new markets. The service provides full logistical support that includes shipping abroad, dealing with returns and all local supplies, in addition to providing all necessary certificates, documents and permits to work in the Kingdom of Saudi Arabia, in cooperation with a group of local banks and electronic payment companies in line with the Egyptian state’s strategy to increase exports and foreign exchange. The launch of the service from Khazenly comes within the framework of the company’s strategy to expand its business and push the e-commerce sector in Egypt, as the company provides integrated logistical solutions and services to merchants in order to help them develop their business. The service will have a significant impact on Egyptian exports, especially in the sectors of textiles, clothing, fashion, cosmetics, light, electronics and home supplies, which the company will focus on during the first phase of launching the service. This step is in line with Khazenly’s keenness on making Egyptian products available outside the local market, which can enhance their competitiveness and contribute to the growth of the Egyptian economy. “We always aim to enable local merchants and manufacturers in Egypt to develop their business and commercial activities. Their success is our success, so we constantly strive to provide a range of innovative solutions that provide them with unprecedented growth opportunities. Therefore, we launched the “Across Borders” service, through which they can sell their products, complete all their commercial transactions in the Kingdom of Saudi Arabia, and be able to receive payments in foreign currency,” said Osama El-Gamaly, CCO and co-founder of Khaznely. Explaining Khazenly’s vision, El Gamaly added: “We look forward to seeing this service grow Egyptian exports and the total proceeds of foreign exchange flows, which is in line with the priorities of the Egyptian government in the current period. We plan to expand the service to include more Gulf Cooperation Council countries in the first quarter of 2024, in addition to countries from North Africa in the future.” He added that Khazenly provides local and international shipping services to merchants through plans that suit their different budgets and delivery requirements. The company also offers a range of services that help merchants develop their business, including shipping and storing cross-border goods, securing them and protecting them from any damage or loss, receiving and packing. Moreover, Khazenly supports the Egyptian state’s direction towards digitizing all sectors and transactions in the e-commerce market, which is a promising market in Egypt and the region in light of the continuous technological development that creates a suitable environment for development. This is what drives the company to expand in the Middle East and Africa and enhance its role in advancing economic development. You Might Also Like
Khazenly Frequently Asked Questions (FAQ)
When was Khazenly founded?
Khazenly was founded in 2020.
Where is Khazenly's headquarters?
Khazenly's headquarters is located at Cairo.
What is Khazenly's latest funding round?
Khazenly's latest funding round is Incubator/Accelerator.
How much did Khazenly raise?
Khazenly raised a total of $2.5M.
Who are the investors of Khazenly?
Investors of Khazenly include ITIDA launch Scale Up Programme, Shorooq Partners, Averroes Ventures, Camel Ventures and Arzan Venture Capital.
Who are Khazenly's competitors?
Competitors of Khazenly include FWRUN.
Compare Khazenly to Competitors
Flextock is a technology-enabled company operating in the logistics and supply chain industry. The company offers fulfillment solutions for businesses, including inventory storage, order processing, and shipping services. It primarily serves businesses in various sectors such as fashion, cosmetics, food and drinks, electronics, home products, and furniture. It was founded in 2020 and is based in Cairo, Egypt.
FWRUN is an Egypt-based e-commerce solutions provider. On September 1st, 2021, FWRUN was acquired by DIGGIPACKS. The terms of the transaction were not disclosed.