Axian Group has recently announced its strategic investment in Bosta, a startup revolutionising the delivery processing and logistics landscape in Egypt and Saudi Arabia.
As per a release, leveraging cutting-edge technology, Bosta’s platform optimises first, middle, and last-mile delivery, providing unmatched efficiency and convenience to its users.
The startup’s innovative approach ensures a seamless distribution process, offering a guaranteed next-day delivery service across the globe. To date, Bosta has successfully delivered over 10 million shipments, solidifying its position as a leader in the industry.
Bosta’s unique delivery model relies on a network of independent drivers who are compensated for each successful delivery, effectively handling the first and last miles. The middle mile, for inter-city couriers, is managed through a fleet of leased vans.
Following a successful pre-Series B fundraising round, Bosta expanded its operations to Saudi Arabia in 2022. As Bosta continues to pioneer advancements in technology and delivery services, this collaboration marks a significant step towards transforming the e-commerce and logistics sectors in Egypt and Saudi Arabia.