in , ,

Egypt community management startup Milango raises 6-figure seed round to help local communities and residential clubs go digital

Milango
Share

Cairo-based community management startup Milango enables gated communities to offer different services to residents through its mobile app. According to Menabytes reporting, the startup just bagged a 6-figure seed sum from an investment round led by A15.

What once began as a service offered by Cairo’s digital agency Kijamii to its clients since 2016 has now spun into an independent platform in early 2020. The move coincided with Amr Mostafa, former CEO of Endeavor Egypt joining at the helm.

Milango works closely with social clubs, residential compounds, and sports clubs. The app offers similar offline communities to help with different services for both members and residents through its mobile applications.

There is an offline element to the Milango app that can be customized in accordance with the brand guidelines. However, Milango is primarily a digital solution for large-scale developers and adjacent communities. Several custom components present off-the-shelf options alongside extra features built for specific developers upon request.

Milango’s website shows that the app digitizes the living experience in a gated community with an intention of ensuring all interactions are seamless, cashless, and hassle-free. Users can manage community events, invite guests to the social clubs, make cashless payments on rent and utilities, transfer money, book rides, and a lot more. Social clubs can create digital ID registries for members who then get to enjoy all its features.

The solution is currently in use by leading real estate developers in Egypt such as Orascom Development, Travco Properties, Emaar, SODIC, and Smash Sporting Club.

The startup failed to disclose how it made its money but gave an account of multiple revenue streams. Milango plans to channel the investments to revamp its product and recruit more teammates. The startup faces competition from other startups in this space as the shift to digital transformation products was exacerbated by COVID-19. Milango expects the use of digital solutions to grow exponentially in the coming years.

Share

What do you think?

Written by Tech in Africa

Leave a Reply

Your email address will not be published. Required fields are marked *

Good Nature Agro

Zambia Agro-tech startup Good Nature Agro raises $2.1 million

Cairo

Investments into Egypt startups top MENA region in September