We are pleased to announce the signing of a Memorandum of Understanding between Investia Group, Medmark Insurance Brokerage, and VentuRight venture capital to build a portfolio of companies in the InsureTech field.
Medmark is one of the largest insurance brokerage companies in Egypt. Historically, Medmark specialized in international medical insurance and medical assistance services, through its sister company, Medmark TPA works in collaboration with leading international medical insurance companies. Medmark has broadened its scope of services to offer multiple lines of insurance catering to corporates and individuals.
Investia Group is an end-to-end venture capital company with investment activities alongside motivated entrepreneurs with robust business plans and a solid understanding of their market, providing finance, business model innovation strategies, and equipping entrepreneurs with tools needed for sustainable growth. Investia Group is a pioneer in venture building activities, leveraging the group’s expertise to spot early opportunities and build ventures in partnership with industry experts to set these ventures on a path for growth.
VentuRight is a joint venture between Investia Group, FosterEdge, Smartwurks, and Cultark with a mandate to create value for investors and entrepreneurs by enabling informed decision-making and empowering profitable growth. VentuRight provides pre and post-investment support to potential tech-enabled investments and portfolio companies in the areas of strategy, people, organization, and technology. Investia venture capital capitalizes on VentuRight partner’s expertise in its venture building activities.
The MOU was signed yesterday by Eng. Samir El Alaily, Founding Chairman of Investia Group; Dr. Walid Auf, Vice Chairman & Managing Director of Medmark Insurance Brokerage; and Mr. Hafez Hamdy, CEO of Venturight and Managing Partner of FosterEdge.
We would like to share the enthusiasm of our teams at Investia Group and Venturight to collaborate with the teams at Medmark. We are excited about the potential of this agreement to strengthen the future of InsureTech in Egypt; bringing together the best of industry, technology, and investment.”
“PRESS RELEASE: Investia Group, Medmark, and VentuRight are collaborating to build a portfolio of companies in the InsureTech field
We are pleased to announce the signing of a Memorandum of Understanding between Investia Group, Medmark Insurance Brokerage, and VentuRight venture capital to build a portfolio of companies in the InsureTech field.
Medmark is one of the largest insurance brokerage companies in Egypt. Historically, Medmark specialized in international medical insurance and medical assistance services, through its sister company, Medmark TPA works in collaboration with leading international medical insurance companies. Medmark has broadened its scope of services to offer multiple lines of insurance catering to corporates and individuals.
Investia Group is an end-to-end venture capital company with investment activities alongside motivated entrepreneurs with robust business plans and a solid understanding of their market, providing finance, business model innovation strategies, and equipping entrepreneurs with tools needed for sustainable growth. Investia Group is a pioneer in venture building activities, leveraging the group’s expertise to spot early opportunities and build ventures in partnership with industry experts to set these ventures on a path for growth.
VentuRight is a joint venture between Investia Group, FosterEdge, Smartwurks, and Cultark with a mandate to create value for investors and entrepreneurs by enabling informed decision-making and empowering profitable growth. VentuRight provides pre and post-investment support to potential tech-enabled investments and portfolio companies in the areas of strategy, people, organization, and technology. Investia venture capital capitalizes on VentuRight partner’s expertise in its venture building activities.
The MOU was signed yesterday by Eng. Samir El Alaily, Founding Chairman of Investia Group; Dr. Walid Auf, Vice Chairman & Managing Director of Medmark Insurance Brokerage; and Mr. Hafez Hamdy, CEO of Venturight and Managing Partner of FosterEdge.
We would like to share the enthusiasm of our teams at Investia Group and Venturight to collaborate with the teams at Medmark. We are excited about the potential of this agreement to strengthen the future of InsureTech in Egypt; bringing together the best of industry, technology, and investment.”
““As an architect I found myself more interested in the business aspects than anything else, this prompted me to start my family business in shipping services, which is today one of the leaders in this field. I found my passion in building companies and believe that I should offer my experience to startups that try to solve existing problems, this new millennial generation and following generations of young Egyptian entrepreneurs are truly passionate about their work.
With all this in mind, my colleagues and I are striving to make Investia Capital one of the leading VC firms that not only provide financial resources but also the strategic know- how to guarantee our partners’ success.
With over twenty years of experience in the Egyptian market, we offer focused innovators a depth of expertise that can set them on the right path to success.”
