Sendy, a Nairobi-based on-demand delivery platform, has secured $19.9 million for expansion, the company said on Thursday.
The startup, which was founded in 2014, offers package delivery and logistics services. Using a mobile application, customers can connect with motorcycle riders, drivers of vans and pickup trucks, to send packages and documents across the country.
“The funding comes at a time when Sendy’s plan is to grow its customer base and expand to other African countries,” it said in a statement. The five-year-old business has more than 30,000 customers in the region, ranging from corporate clients to individuals.
Currently operating in Kenya, Uganda, and Tanzania, the firm plans to cover all of East Africa’s markets in the near future. The latest round of funding was led by Toyota Tsusho Corporation.
Read more on: Reuters
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