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Thursday, 28 November 2019

Egyptian indoor advertising platform Adzily raises USD 12.2 mn from Saudi company

STARTUP WATCH- Cairo-based indoor advertising platform Adzily has raised USD 12.2 mn in funding from Saudi-based Al Tharawat Private Investment Holding Company, marking the company’s first external investment round, CEO Ahmed Ashoor tells MenaBytes. The startup will use the investment to finance planned expansions to Saudi Arabia. Adzily allows businesses to reach their audience through display screens and to get audience insights digitally.

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