Kenyan agtech Shamba Pride raises $3.7M to grow its merchant network
- Shamba Pride plans to scale its network of agro-dealers and franchisees to enhance last-mile distribution for farm inputs.
- The company has secured $3.7 million in funding to fuel its growth and aims to explore neighboring markets.
- Shamba Pride digitizes agro-dealers to improve business management and inventory ordering, benefiting small-scale farmers in rural areas.
The expansion plans and funding secured by Shamba Pride indicate a positive outlook for the company. By leveraging technology to empower agro-dealers and provide market linkages, financial services, and training to small-scale farmers, Shamba Pride is addressing key challenges in the agriculture sector. The company's focus on building resilience for farmers through partnerships and innovative solutions further strengthens its position in the market.
