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Upright

Season 2 · Episode 16 · pitch 3 of 3

Upright is an Egyptian ride-hailing mobile app connecting passengers with drivers at an 8% commission rate, allowing fare negotiation, geographic zone selection, women-only rides, and daily payouts…

  1. Ask · EGP
    3Mfor 5%
  2. Best offer · EGP
    10Mvaluation
  3. Outcome
    No deal3 of 5 went out

1 offer · 2 revisions

The ask implies a valuation of EGP 60M. One offer valued the company at EGP 10M; the founder turned it down.

The pitch, minute by minute

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27:17 · 5 investors · tap a marker to see the quote

Key takeaways

  • No deal: 3 of 5 investors went out; the founder refused 1 offer.

  • 1 investor made 1 offer and 2 revisions. The highest valuation offered was 10M.

  • The founder countered 2 times.

  • The ask came 0:12 into the pitch, in the opening.

  • The opening covered, in order: team, ask, problem, business model, product solution, traction numbers, market size, vision.

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Logistics & mobility · 11 pitches

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    Asked EGP 2.5M for 5%

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    4 of 5 went out

  • OApps

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    OApps is a digital logistics platform that provides import/export regulatory information, required documents, tariff calculations, and instant shipping and customs clearance quotes in 7 clicks. It…

    Asked EGP 7M for 20%

    DealEGP 10M for 35%

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  • Pickup (بيك أب)

    S2 E16 · Logistics & mobility

    Pickup is a mobile application for school student transportation in Egypt that offers monthly subscriptions using rented vehicles, dynamic pricing, automated route zoning, and live trip tracking for…

    Asked EGP 6M for 20%

    DealEGP 6M for 33%

    Ayman Abbasin the deal

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57 investor events, all 57 matched to what was said · 24 answers graded · 20 figures

Aired in season 2 (2023), episode 16 · We don’t host video; timestamps onlyHow the data is built

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