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[FUNDING NEWS] Egypt-Based e-RAMO Secures Seven-Figure Seed Round Investment

Ibdaa Misr has contributed a sizeable seven-figure seed funding round to e-RAMO, a digital solutions startup.

The Amtalek.com initiative will be supported by this funding, which will also help to enhance its early plans and future growth.

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By offering comprehensive details such as area, price, property type, location, and payment options, Amtalek.com’s cutting-edge real estate system enables business owners to highlight projects and properties that are up for sale or marketing on the website. Customers may look for the ideal property quickly and conveniently with this approach.

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In addition, Mohamed Ragab said that market research shows that Egypt’s real estate marketing industry is growing at a rate of 37% each year, meaning that there are currently 90,000 such firms. The target market share for Amtalek.com is 10% by 2025.

Commenting on this milestone, Mohamed Ragab, CEO of e-RAMO, stated that Amtalek.com is a comprehensive real estate application focused on managing real estate development and marketing companies in Egypt and beyond. The application offers companies comprehensive services through a single platform, eliminating the need to use multiple software programs for managing different operations. The project was launched in August 2023 and aims to provide an integrated management system that helps companies efficiently manage their clients and projects.

About e-RAMO

e-RAMO offers top-notch Web Development/Design services that meet strict quality requirements. To fully utilise the potential of the Internet, it is crucial that your WEBSITE stands out from the competition and is easily found through search engines and directories in this quickly expanding medium.

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