Oddigo, launched throughout Egypt throughout 2019 by simply Ahmed Omar along with Ahmed Nasser, can be modifying your motor vehicle aftermarket inside MENA place. By simply pairing real‑time telematics through an AI oddigo made it possible for pieces market, the idea streamlines car or truck preservation along with procurement—no casinos, zero playing, only sensible autotech.
Beginning along with Founding fathers
Oddigo ended up being co-founded throughout delayed 2017 as well as first 2018 throughout Cairo by simply Ahmed Omar, Ahmed Nasser, Wissam Saleh, along with Khalid Omar. Immediately after commencing as being a humble e-commerce internet site throughout Present cards 2018, the corporation speedily received extender by simply giving around 290, 000 vehicle pieces through their bilingual podium along with portable software
Their quest ended up being crystal clear via morning one particular: create auto pieces searching while uncomplicated while getting a t-shirt on-line. Your founding fathers reached this specific by way of combining data-driven logistics along with significant partnerships—like an upmarket understanding using world-wide vehicle company Valeo, giving entry to around 40, 000 pieces transported right via Egypr
First Capital along with Development
Oddigo’s first eye-sight captivated seed products capital speedily. Throughout May possibly 2019, the idea shut down a new $180, 000 seed products rounded via Saudi angel entrepreneur Saeed Al Jaberi, validating their style which has a survey involving $1. 30 trillion.
That will cash support development outside of Egypt’s borders—first for you to Saudi Arabia, and then on the United Arab Emirates, establishing throughout Dubai throughout mid‑2021 Throughout 2021, the corporation collateralized a tremendous $2. 2 million seed products rounded via heavyweight VC businesses including Y Combinator, 500 Startups, along with PlugAndPlay, as well as follow-on cash via local people
Key Product or service & Technological innovation
In their cardiovascular, Oddigo comes with a deep‑tech podium that will merges:
Market: Consumers insight car or truck facts along with spot gain access to a huge number of pieces along with agencies regional
Motor vehicle software package integration: By way of sensible dashboard methods, the idea joins straight away to cars, keeping track of wheel force, gas adjust requires, along with real-time preservation warns.
Fleet operations observations: Your podium appeals to the two particular person road users along with professional fleets through telematics along with files analytics
This specific environment makes certain buyers find dependable pieces in cut-throat price ranges, reinforced by simply transparency along with benefit.
Market place Extender along with Expansion
Oddigo’s expansion figures are generally extraordinary:
Highly processed around 15, 000 deals amassing all-around $170, 000 throughout income throughout their conception
By simply delayed 2021, the idea got supported around fortyfive, 000 consumers, collaborated with additional when compared with more than 200 stores, along with ended up being expanding in 40% month-on-month
Made it through along with thrived in the COVID‑19 outbreak, discovering tenfold expansion throughout individual starting and also a surge throughout day‑one lockdown income
These kind of stats echo certainly not miniscule nonsense, nevertheless a substantial, scalable style that will resonates using owners along with corporations the same.
Local Development Tactic
Oddigo’s expansion features used a new tiered local strategy:
Egypt Kick off: Groundwork developed in community expertise and also a serious pieces listing
Saudi Arabia Accessibility: Decided on due to the substantial conversions along with sturdy vehicle market place.
UAE Kick off: Throughout mid‑2021, Oddigo debuted throughout Dubai, bringing out their little-known dashboard technological.
GCC Onward: Strategies underway pertaining to Saudi’s Riyadh along with much wider GCC expansion.
Cameras & Outside of: Purposes to increase side branch straight into Upper Cameras along with world-wide market segments, profiting their podium functions.
Visionaries guiding Oddigo be expecting the IPO by simply 2024–25, aimed towards one particular trillion reservations along with perhaps turning out to be your region’s 1st $100 billion automotive-tech unicorn.
Cut-throat Border along with Eye-sight
Oddigo multiplies in numerous essential differentiators:
Tech-first integration: Vehicle-to-marketplace on the web connectivity can be exceptional throughout their place, delivering preservation warns along with data-driven solutions.
Substantial products: Opening tens of thousands involving pieces, your podium allows buyers with additional alternative in decrease price ranges.
Lover detail: Preserves distinctive interaction using significant sellers similar to Valeo, guaranteeing good quality along with stability.
Outbreak strength: Buyers entrenched throughout brand-new on-line practices through lockdowns increased your platform’s use drastically.
Scalable cross-border style: Your GCC digital camera commercial infrastructure built development smoother—Egypt for you to UAE for you to Saudi—proving replicable with a world-wide range.
Issues Ahead of time
Oddigo’s speedy ascent isn’t with no challenges:
Local logistics: Complementing supply over MENA’s assorted geographies, practices routines, along with commercial infrastructure requirements detail.
Seller onboarding: Guaranteeing files good quality along with investment exactness over numerous stores can be labor-intensive.
Computer hardware compatibility: Dashboard integration calls for compatibility over car or truck creates, types, along with software package ecosystems.
Cut-throat force: Classic vehicle outlets along with world-wide industry may possibly encroach—Oddigo’s technological border ought to continue to be sharpened.
IPO ability: Scaling for you to intercontinental market segments along with cementing fiscal willpower are generally important measures to just about any general public giving.
Potential Prospect
Oddigo’s roadmap can be split:
Product or service progression: Advancements for you to their deep-tech dashboard, predictive preservation, fleet checking, along with files analytics.
Market place sexual penetration: Develop throughout GCC, Upper Cameras, along with beyond—potentially straight into Japan as well as Latina The us having a strategy tactic.
Environment energy: Expand seller multilevel, congeal B2B fleet alternatives, along with deepen CRM which has a solutions market.
IPO aspiration: May be Rubicon straight into world-wide auto-tech, pleasing your founders’ eye-sight of an region-bred $100 billion enterprise.
Finish
Oddigo presents a modern day respond to the age-old motor vehicle ache place: acquiring reputable, reasonably priced pieces. By simply harnessing software package, files, along with organizing relationships, the idea gives benefit along with have confidence in in range. Their expansion by way of Egypt, Saudi Arabia, plus the UAE establishes that will sensible autotech alternatives speak out loud profoundly using today’s owners.
Which consists of strong eye-sight involving IPOs, world-wide development, along with vehicle-aware dashboards, Oddigo is just about the Midst East’s nearly all offering startups—far stripped away from just about any playing as well as internet casino neckties. The idea is an acronym as being a testament for you to precisely how tech-driven change for better could change classic industrial sectors.