Founders of well-funded Egyptian B2B startup Capiter fired following “inability to fulfil duties”

Last September, Egyptian startup Capiter raised $33 million in Series A funding to compete in the country’s growing B2B e-commerce and retail space. Fast-forward a year later, the startup has laid off multiple employees and now its CEO and COO have been relieved from their duties after allegedly mismanaging funds. Here’s what we know so … Continue reading Founders of well-funded Egyptian B2B startup Capiter fired following “inability to fulfil duties”