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Ousta, Egypt’s ride hailing app, lands a $1.25 million investment

Radwa Rashad Crunch Network Contributor Radwa Rashad is an Egyptian writer and entrepreneur. More posts by this contributor: How to join the network Five months after its March 2016 launch, Ousta, Egypt’s first local ride sharing app, has received a bridge investment of $1.25 million as it looks to challenge established industry stalwarts, Uber and Careem. Although the financing is a pittance compared to the combined might …