E-commerce logistics partner Renda raises $1.9 million to expand across Nigeria, Kenya
TechCabal | Faith Omoniyi - May 02, 2024
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  • Renda, a Nigerian logistics startup, has raised $1.9 million in pre-seed funding.
  • The funding will be used to expand into Kenya and other Nigerian cities.
  • Renda provides warehousing, delivery, and cash collection services to e-commerce companies.
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The funding raised by Renda reflects the growing interest in Africa's logistics sector and the demand for efficient last-mile delivery and warehousing solutions. Renda's asset-light approach and focus on providing comprehensive services to e-commerce companies position it well for success. Expanding into Kenya and exploring an asset-heavy model further demonstrates Renda's ambition to become a leading fulfillment partner in Africa.
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