Moroccan Startup Ecosystem Milestone
Moroccan superapp ORA Technologies and Azur Innovation Fund have acquired Cathedis, marking the first locally funded startup merger in Morocco.
This acquisition positions ORA as a central player in Morocco's e-commerce and digital landscape, with a unique value proposition on the market.
The transaction marks the first-ever consolidation deal between Moroccan startups, financed exclusively with local capital.
A Strategic Integration
ORA Technologies, founded in 2023 by Omar Alami, has established itself as one of the most dynamic scale-ups in the country, aiming to build an integrated digital ecosystem.
The acquisition confirms ORA's ambitious strategy to expand into e-commerce logistics, fintech, and foodtech.
Author's summary: ORA acquires Cathedis in Morocco's first locally funded startup merger.
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