Egypt’s Mylerz secures over USD 2 million to fuel growth in e-commerce logistics operations, led by Lorax Capital Partners with participation from Fawry.

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The startup also has its eyes on the growing e-commerce market in East Africa, with the long-term goal of growing into a pan-African shipping logistics provider – by tapping the e-commerce market in Africa, which has experienced 18% annual growth since 2014. The Mylerz platform allows its partners to track the orders sent out for delivery, change destination or delivery time, and generate business insights like consumer behavior and demographics. The startup says it provides same-day deliveries on behalf of hundreds of its partners. Gharaibeh founded Mylerz in November 2019 borrowing from his experience at Aramex, a UAE-based multinational logistics and fulfillment company, where he worked for 23 years with his last role being head of Africa.“Because of my experience at Aramex, I understand the regulations of different countries in Africa and know the right kind of partnerships to have, to be successful. Gharaibeh told TechCrunch that Mylerz has 21 fulfillments centers and plans to open a 25,000 sqm hub, its biggest so far, to keep up with the growing demand for storage, order processing and last-mile deliveries. Mylerz also operates a fleet of over 350 eco-friendly vehicles powered by compressed natural gas (CNG).