May 9

Renda, Which Provides Order Fulfillment for Businesses in Africa, Takes in $1.9 Million

The logistics industry in Nigeria, like any informal sector, struggles with poor infrastructure and other inefficiencies, making it difficult for businesses — both large and small — to move and store goods.

Many startups have tackled middle-mile and last-mile delivery challenges, but one untapped area is providing an end-to-end fulfillment solution. Renda, a three-year-old startup, fills this gap by simplifying order fulfillment and retail distribution for businesses in Africa. It has secured a $1.9 million pre-seed round, money it will use to improve its offerings.


Photo credit.


Source: TechCrunch (link opens in a new window)

distribution, MSMEs, startups