Season 3, episode 6
Target Egypt
تارجت إيجيبت
Target Egypt is an Egyptian startup that pitched on Shark Tank Egypt in season three, episode six, which aired in November 2024.
The founders asked
8.5M EGP
for 30% · valuation 28.3M EGP
The deal
8.5M EGP
Mohamed Farouk and Mohamed Ismail MansourEquity: 50%
In short: Target Egypt pitched in Season 3, episode 6. The founders asked for 8.5M EGP for 30%, valuing the company at 28.3M EGP. They walked away with a deal with Mohamed Farouk and Mohamed Ismail Mansour: 8.5M EGP for 50%.
Overview
Target Egypt is an Egyptian startup that pitched on Shark Tank Egypt in season three, episode six, which aired in November 2024. The founders asked the sharks for EGP 8.5 million in exchange for a 30% stake, valuing the company at about EGP 28.3 million. Public details about its products, customers and traction are still limited, and this profile will grow as more verified information becomes available. On the show it closed a deal with Mohamed Farouk and Mohamed Mansour for EGP 8.5 million for 50%.
The pitch
Target Egypt's founders came to the tank in season three, episode six, asking for EGP 8.5 million in exchange for 30% of the company, which implies a valuation of about EGP 28.3 million. The pitch ended in a deal with Mohamed Farouk and Mohamed Mansour: EGP 8.5 million for 50%.
Team and investors
After the show
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Frequently asked questions
What is Target Egypt?
Target Egypt is an Egyptian startup that pitched on Shark Tank Egypt in season three, episode six, which aired in November 2024. The founders asked the sharks for EGP 8.5 million in exchange for a 30% stake, valuing the company at about EGP 28.3 million. Public details about its products, customers and traction are still limited, and this profile will grow as more verified information becomes available. On the show it closed a deal with Mohamed Farouk and Mohamed Mansour for EGP 8.5 million for 50%.
When did Target Egypt appear on Shark Tank Egypt?
In Season 3, episode 6 (2024-2025).
How much did Target Egypt ask for on Shark Tank Egypt?
8.5M EGP for 30%, valuing the company at 28.3M EGP.
Did Target Egypt get a deal on Shark Tank Egypt?
Yes, with Mohamed Farouk and Mohamed Ismail Mansour: 8.5M EGP for 50%.
Which shark invested in Target Egypt?
Mohamed Farouk and Mohamed Ismail Mansour.
More questions (6)
What is Target Egypt's valuation on Shark Tank Egypt?
The final deal valued Target Egypt at 17M EGP, against 28.3M EGP in the founders' ask.
How much equity did Target Egypt give up on Shark Tank Egypt?
50%, against the 30% offered in the pitch.
Did Target Egypt get what it asked for on Shark Tank Egypt?
It asked for 8.5M EGP for 30% and closed at 8.5M EGP for 50%, so the valuation went from 28.3M EGP to 17M EGP.
Which episode of Shark Tank Egypt was Target Egypt in?
Season 3, episode 6. Also in that episode: Nuit Fragrances and Tekton. Details →
Which sharks did Target Egypt pitch to?
The Season 3 panel: Ahmed El Sewedy, Mohamed Farouk, Mohamed Ismail Mansour, Abdallah Sallam, Ayman Abbas, Dina Ghabbour, Ahmed Tarek Khalil, Yasseen Mansour, Mona Ataya and Noor Sweid.
What sector is Target Egypt in?
Other. 5 other Other startups pitched on the show. Details →
Rating & comments
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