Bwala Africa has raised undisclosed funds from investors. The fund will be used to boost activities on its platform and scale commercial growth.
The Nairobi-based last-mile logistics startup, founded in 2018 is a last-mile crowdsourcing order fulfilment network designed to connect fleet operators with manufacturers, vendors and e-commerce companies.
The platform makes use of its app to easily position products closer to end-users for a fast, convenient and inexpensive end-to-end delivery experience.
The platform makes use of its app to easily position products closer to end-users for a fast, convenient and inexpensive end-to-end delivery experience.
Thus, the new fund will be used to upgrade its platform to compete with other on-demand logistics providers in Nairobi like Sendy, Kobo360, and Lori.
See also: Flutterwave Lists on YCombinator’s Top Companies Valued at $150M+
The firm will also launch BwalaPay, an escrow payment service to help customers process payments and earn money online through the mobile app.
Bwala Africa’s Founder and CEO, Kennedy Nyabwala described the investment as a laudable one that will impact business, promote commercial growth and double its market valuation.
He noted that the startup’s new focus is on making 6000 to 8000 deliveries per day and to sign over 2000 agents that will hasten the delivery process.
Since its debut, Bwala Africa has piloted over 100,000 last mile order fulfilments. It also does nearly 850 daily shipments for e-commerce, manufacturers, and retailers.
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