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Tech-Driven Auto Parts Revolution: Egypt's Mtor Secures $2.8M to Transform Aftermarket Supply Chain 🇪🇬

Tech-Driven Auto Parts Revolution: Egypt's Mtor Secures $2.8M to Transform Aftermarket Supply Chain 🇪🇬

#business
#automotive
#investments
Revolutionizing Egypt's auto aftermarket, Mtor, backed by a $2.8M pre-seed investment, streamlines the supply chain for local workshops. CEO Mohamed Maged's vision addresses inefficiencies, connecting mechanics directly with importers via a tech platform, ensuring quality and affordability. With partnerships, a Mechanic app, and over 70,000 fulfilled orders, Mtor emerges as a game-changer in Egypt's $5 billion auto after-sales market.

- 💡 Innovative Approach: Mtor disrupts the auto parts supply chain, offering a tech platform connecting local workshops with importers, reducing costs and enhancing efficiency.

- 🚗 Market Potential: Egypt's $5 billion auto aftermarket, home to 35,000 workshops, becomes a focal point as Mtor serves 2,500 workshops and forms partnerships with 60+ importers.

- 📈 Strategic Growth: With a margin model, standardized pricing, and a Mechanic app, Mtor plans to strengthen partnerships, attract more mechanics, and expand beyond Egypt with its recent $2.8M funding.


#AutoParts #TechInnovation #SupplyChainRevolution #EgyptTech


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