Nigeriaβs Renda secures $1.9 million pre-seed to enhance retail distribution in Nigeria and Kenya
Techpoint Africa | Osamu Ekhator - May 02, 2024
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- Renda, a Nigerian logistics startup, has raised $1.9 million in a pre-seed round.
- The funding will be used to expand the company's offerings and to expand into new cities in Nigeria and Kenya.
- Renda aims to simplify order fulfillment and retail distribution for businesses across Africa.
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The funding raised by Renda will enable the company to expand its services and reach more businesses in Nigeria and Kenya. The logistics industry in Africa faces challenges, and Renda's focus on simplifying order fulfillment and addressing end-to-end solutions is a positive step. The company's growth and partnerships with major clients indicate its potential for success.
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