Egypt: Kuzlo connects retailers with wholesalers and suppliers

By : Adoni Conrad Quenum

Date : mercredi, 12 avril 2023 12:22

The solution was set up by local tech entrepreneurs to compete with large commercial groups in the b2b segment. 

Kuzlo is a business-to-business e-commerce solution developed by an Egyptian startup. It allows retailers to source their products from wholesalers at competitive rates.

The Alexandria-based startup behind the solution was founded in 2021 by Ayman Elgarem, Mohamed Gebril, Yehia Elsaka, and Tarek Gamal. It aims, among others, to transform traditional retail into a digitally connected network. To that end, it has raised about $100,000 to accelerate its growth and develop new products.

“Kuzlo is helping small retailers shift into the new future challenges and support them to strengthen their business value using new digital trends of e-commerce and e-finance in the near future,”  explained Ayman Elgarem in 2021. 

Through its mobile app -available for Android and iOS devices, users can register for Kuzlo accounts and access the network of wholesalers and suppliers. The network features more than 10,000 fresh, dry, and frozen products while guaranteeing product availability, on-time delivery, and competitive prices.

Kuzlo claims more than 50 wholesalers and suppliers, which facilitates negotiations and guarantees good deals. It has more than 1,000 retailers in the three cities where it is present. It caught investors’ attention early but, its growth started recently. The Android version of its mobile app has been downloaded more than a thousand times 

Adoni Conrad Quenum

TECH STARS

Please publish modules in offcanvas position.