Converted Acquires Egypt’s Mitcha to Expand AI Commerce Platform

Converted Acquires Egypt’s Mitcha to Expand AI Commerce Platform

10 March 2026•

Two individuals are signing documents at a table, with a branding backdrop featuring "MITCHÀ" and "converted."

Converted, a company specializing in AI-powered advertising technology for emerging markets, has announced the acquisition of Mitcha, one of Egypt’s leading e-commerce platforms dedicated to supporting local designers.

The acquisition marks a strategic step toward expanding a data-driven digital commerce ecosystem focused on measurable outcomes and real conversions. By integrating Mitcha’s network of designers and customers, Converted aims to strengthen its ability to build advertising products that translate marketing spending into verified sales.

As part of the transaction, Mitcha’s founder and Shark Tank Egypt investor Hilda Louca will join Converted as Partner and Executive Director. In her new role, she will lead strategic partnerships and drive regional expansion efforts, particularly across Egypt and the wider region.

The integration of Mitcha will support the launch and expansion of Converted Orders, a product designed to power highly targeted advertising campaigns focused on generating actual purchases. The platform combines digital advertising, payment processing, and order verification within a unified system, allowing campaigns to learn from real transaction data instead of relying solely on click-based metrics.

Converted’s platform integrates advertising, payments, and order management through proprietary data and AI technologies, helping merchants optimise targeting strategies and achieve measurable returns on marketing investments. The company currently serves thousands of merchants across Egypt and Saudi Arabia.

By incorporating Mitcha’s community of designers into its ecosystem, Converted aims to create new opportunities for merchants and designers while expanding its AI-powered commerce infrastructure across the region.

Author

Lucy, the cute female unicorn of Lucidity Insights, waving and standing in front of a purple background.

Lucy is a young unicorn passionate about responsible business practices, from Sustainability and ESG performance management to deep-dive investigations of the broad socio-political and macro-economic implications of various government and business strategies. Lucy has a knack for research, data analytics, and understanding the implications of new and disruptive technologies. Prior to becoming a tech news reporter, Lucy spent a few years working for the United Nations, researching and evaluating the socio-economic impact of various programs and the adoption of technological innovations. Lucy studied integrated engineering, and worked on converting her fuel-powered car into an electric vehicle as her final project for graduation. Lucy can still be seen driving her zero-emissions vehicle in and around Dubai, where she grew up. Lucy speaks English and Arabic, and completed her studies in Canada, where she also minored in magic powered technological solutions. Lucy specializes in sustainable development, climate tech, ESG, social impact startups, venture capital, macroeconomics and geopolitics.

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