Levari Law Firm, serving as Avanz Capital Egypt’s legal advisors
In a move poised to accelerate the e-commerce boom across the region, Avanz Capital Egypt, a leading private equity firm dedicated to empowering Egyptian SMEs, has announced a strategic investment in Bosta, the undisputed champion of technology-driven shipping and logistics solutions for e-commerce businesses in Egypt and Saudi Arabia. This landmark deal, facilitated by Levari Law Firm, signifies a significant financial boost for Bosta, paving the way for further technological advancements, network expansion, and operational scaling across the region.
Since its inception in 2017, Bosta has revolutionized the e-commerce landscape, delivering over 20 million shipments and serving more than 25,000 businesses. Their impressive track record boasts next-day delivery, cash-on-delivery convenience, and real-time tracking capabilities, solidifying their position as the go-to partner for seamless online transactions.
Sherif El Leithy, Bosta’s co-founder and CEO, echoed the excitement: “Welcoming Avanz Capital Egypt as our strategic partner is a pivotal moment for Bosta. Their extensive expertise and robust network will be instrumental in realizing our vision of becoming the preeminent e-commerce logistics platform in the Middle East and Africa. We are immensely grateful to Levari Law Firm for their invaluable legal guidance and support throughout this momentous transaction.”
Levari Law Firm, serving as Avanz Capital Egypt’s legal advisors, truly celebrated the deal: “We are honored to be a part of this groundbreaking collaboration, a testament to the immense potential of the Egyptian SME sector and the lucrative opportunities private equity presents. We extend our heartfelt congratulations to both Avanz Capital Egypt and Bosta on this successful partnership, and eagerly anticipate witnessing their combined impact on the e-commerce and logistics landscape.”
Mohamed Raslan (pictured) is a Co-Founder and Senior Partner for Levari Law Firm