Mohamed Deif - Afrikan Heroes

Egyptian Ecommerce Logistics Startup Sprint Processes 1M Shipments In 2 Years

December 31, 2021

Sprint, a major e-commerce logistics startup formed in 2019, just celebrated 1 million shipments processed in the last two years.
The company offers technology-enabled solutions that enable e-commerce merchants and retailers to benefit from high-value, end-to-end logistics services powered by artificial intelligence. The company’s creative business model and the phenomenal expansion of the e-commerce market were the key factors of its success.

“Our customizable, light asset, end to end solution, mainly relies on two main pillars, our Innovative Technology along with a solid delivery network. We’ve used Data science to carefully design our delivery stations’ locations and efficiently have a solid delivery network on ground. Based on historical data and machine learning we’re expanding our network to maximize our efficiency,” said Mohamed Deif, Founder and CEO of Sprint.

“By utilizing a hybrid innovative light asset model, which is backed by a powerful and experienced team, also with a technology which is powered by AI and Data Analysis, we are able to deliver world-class logistics services to our clients while maximizing the efficiency of our network and resources. We aim to build on this success by introducing a new quick commerce (Q-commerce) solution and building the largest network of micro-fulfillment centers all over Egypt and are looking forward to expanding our operations into the African market soon,” he added.

Sprint has processed nearly one million shipments with a success rate of more than 90% in the last two years. More than 3000 consumers are served by the company, which has created more than 500 job opportunities in Egypt.

Sprint is revolutionizing the logistics field with a variety of diversified and integrated business solutions, including e-commerce fulfillment and on-demand warehousing, drop shipping, middle and last mile delivery, exchange and returns management, same-day delivery, and payment collection, all of which can be customized to fit the customer’s unique business model.

“Thanks to our services and solutions portfolio, we have been able to capture a lot of opportunities in the Egyptian market. We are looking forward to expanding our customers’ portfolio by targeting new segments while considering the massive growth of the e-commerce market in the region,” said Ayman Yahia, Commercial Manager of Sprint. “We currently serve 26 governorates across Egypt with a diversified fleet of vehicles to handle different types of products, and a delivery and operations team of highly experienced and professional employees.”

Sprint has attracted the interest of a number of foreign venture capitalists and investment firms, and it is nearing the completion of its seed round, which will fund the company’s rapid development ambitions for the next few years.

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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.
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Sprint, Egypt’s Logistics Startup Signs up Hundreds of Merchants in Expansion Drive

January 14, 2021

As part of its expansionary drive, the Egyptian logistics startup Sprint has launched out a very ambitious plan to cover the Gulf Cooperation Council (GCC) and other countries in the MENA region with the signing up almost 500 merchant customers at home. Sprint was founded by Mohamed Deif in 2019, the Cairo-based Sprint offers last mile delivery solutions to e-commerce merchants, with a focus on micro-merchants with monthly volumes as low as 30 orders a month. The startup has operations hubs all over Egypt, and its delivery network covers 24 governorates.

Deif said that Sprint is focusing on improving the ecommerce and logistics ecosystem in the Middle East and North Africa by providing a technology-enabled platform that helps e-commerce merchants enjoy high-value logistics services and solutions regardless of their shipping volume.

Customers have access to a web portal where they can upload all their shipments, track shipment status, view inventory stored at Sprint warehouses, and see a complete overview of their financials.

“If our customers have a website, they can integrate with our system to have an automated process of booking and tracking orders and inventory,” Deif said.

Once an order is received, it is automatically assigned to a “sprinter” available in the area, who collects the shipment, gets back to the branch, and then sends it to the startup’s main sorting centre to be dispatched to the final destination branch responsible for delivery.

“With the rising demand for reliable last mile delivery solutions, we’ve spotted the desperate needs of SMEs and micro merchants for reliable and convenient technology enabled logistics solutions,” said Deif.

“We offer our clients all the technology needed to seamlessly manage their core business, along with a great bunch of services such as door-to-door delivery, warehousing and fulfillment and pick-up stations, all of which are technology-enabled with complete visibility to our customers to be able to track all their shipments and inventory instantly.”

Sprint, whose technology can be easily integrated with major e-commerce platforms such as Shopify and WooCommerce, currently serves 460 active customers, ranging between micro-merchants with one or two daily orders up to mega accounts with 900-1,200 shipments per day.

“The uptake has definitely exceeded our expectations with an unexpected growth rate month over month,” Deif said.

The company is for now operating in the Egyptian market, with “ambitious plans” to expand to the GCC and other MENA countries in the near future. Sprint raised a six-figure US dollar pre-seed funding round from an angel investor in December of last year, and will take on more capital as it looks to expand from product perspective as well as a geographic one.

“We have very innovative ideas for optimising our delivery process using AI and data science, along with a fresh concept that will disrupt the traditional last mile delivery concept,” said Deif.

Kelechi Deca

Kelechi Deca has over two decades of media experience, he has traveled to over 77 countries reporting on multilateral development institutions, international business, trade, travels, culture, and diplomacy. He is also a petrol head with in-depth knowledge of automobiles and the auto industry