Ibtikar Invests in Inggez

Source(s): Ibtikar Fund

Palestine-based fitness application Inggez has secured an investment from Middle East-focused venture capital firm Ibtikar Fund. Inggez partners with a variety of gyms and fitness studios, offering users on-demand access to fitness venues through its mobile application. The company will use the new capital to expand in Egypt and test new services with its gym partners and users. Financial details of the transaction were not disclosed.