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Thursday, 12 December 2019

Roadside assistance app Mayday raises “six-figure” investment

STARTUP WATCH- Roadside assistance app Mayday raises six-figure investment: Egyptian roadside assistance app Mayday has secured a six-figure investment led by Vflock Angel Network, Alex Angels, and Falak Startups, according to Menabytes. The exact amount of funding was not disclosed. The company will use the investments to fund a solid marketing plan, improve their technology, and work on enhancing the service with a focus on its B2B mode, founding partner Mohamed Aboelfotouh said. The mobile app provides a range of rescue services from towing trucks, through fuel delivery, and battery jump start across 24 cities.

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