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Sylndr, with a fresh $15.7M, allows users to buy, sell, finance, and service used cars in Egypt | TechCrunch

Cairo-based Sylndr has raised $15.7 million as it expands beyond online used car sales into auto financing, servicing, and tools for dealers. Development
Sylndr, a Cairo-based startup, has raised $15.7 million in a Series A funding round led by Algebra Ventures, with participation from Disruptech Ventures, P1 Ventures, and other investors. The company, which facilitates the buying, selling, financing, and servicing of used cars in Egypt, aims to use the new funds to expand its operations and enhance its technology platform. Sylndr's platform streamlines the car transaction process by offering a comprehensive service that includes vehicle inspections, pricing, and financing options, making it easier for consumers to navigate the used car market. The startup has already seen significant traction in Egypt, and with this new investment, it plans to further solidify its position in the market and potentially expand to other regions.

Read the Full TechCrunch Article at:
[ https://techcrunch.com/2025/05/19/sylndr-with-fresh-15-7m-allows-users-to-buy-sell-finance-and-service-used-cars-in-egypt/ ]