Shekel Mobility, a B2B marketplace for auto dealers in Africa, raises $7M led by Ventures Platform and MaC VC
- Africa has a growing demand for cars, but car ownership is low compared to the global average.
- Shekel Mobility secures funding to expand its platform and provide affordable financing solutions for car dealers.
- The startup aims to digitize the auto dealership vertical and become a leading platform for launching and growing car dealerships in Africa.
The demand for cars in Africa presents a significant opportunity for the automotive industry. Shekel Mobility's focus on providing affordable financing solutions for car dealers is a critical step in addressing the gap in the market. By digitizing the auto dealership vertical and offering additional tools, the startup has the potential to transform and ignite the automotive industry in Africa.
