Guichet.com, Morocco’s market leader in digital ticketing, has received a 3 million DH equity financing from the 212 Founders program via CDG Invest, the CDG Group’s investment arm. The new investment is coming after the resumption of events, cultural, and sporting activities, following the Covid-19 pandemic.
“I am proud of the trust placed in me by the 212 Founders teams and of having participated in a program that has resulted in the birth of small international companies,” said Ahmed Tawfik Moulnakhla, Founder and CEO of Guichet.com. “This partnership relationship will enable Guichet.com to strengthen its position and face new challenges serenely beyond the Kingdom’s borders.”
With the new investment Guichet.com hopes to reinforce its market leadership in Morocco and accomplish its strategic objectives, beginning with the strengthening of its offer to sports athletes and the conquest of high-potential African markets.
Why The Investor Invested
The startup has achieved considerable traction since it was founded. The platform now boasts tens of thousands of users and has hosted over 1,000 events and shows in partnership with numerous exclusive partners, including Festival Mawazine, Festival de Marrakech du Rire, Festival de Fes des Musiques Sacrees du Monde, Oasis Festival, and numerous renowned sports teams.
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“We are honored to be a part of Guichet.com’s ambitious development and expansion strategy. The startup has showed remarkable tenacity in the face of the health crisis, as well as exceptional innovation in ensuring the continuation of its operations. Our goal with this finance is to assist Guichet.com in realizing its strategic aspirations in Africa and solidifying its leadership position in the Moroccan market,” Youssef Mamou, Director of CDG Invest’s 212 Founders Program, said.
Since 2019, the 212 Founders program has facilitated 11 Seed and Series A financings totaling 54 million Dirhams.
A Look At What The Startup Does
Guichet.com was launched in 2019 by Moulnakhla Ahmed Tawfik and has swiftly established itself as the benchmark for digital ticketing in the Moroccan market.
Additionally, the Guichet.com platform provides partners with an autonomous administration and control environment that includes real-time ticketing monitoring.
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The platform’s performance demonstrates the market’s enormous potential in Morocco, and Guichet.com desires to take the risk of continuing efforts to digitize the industry.
Participating in the third promotion of the 212 Founders program helped the platform to develop its strategic vision, validate its market leadership position in Morocco, and explore international expansion opportunities in the context of health care reform.
Charles Rapulu Udoh
Charles Rapulu Udoh is a Lagos-based lawyer who has advised startups across Africa on issues such as startup funding (Venture Capital, Debt financing, private equity, angel investing etc), taxation, strategies, etc. He also has special focus on the protection of business or brands’ intellectual property rights ( such as trademark, patent or design) across Africa and other foreign jurisdictions.
He is well versed on issues of ESG (sustainability), media and entertainment law, corporate finance and governance.
He is also an award-winning writer