Nigerian delivery platform ShapShap, which specialises in deliveries in Africa’s fragmented logistics industry, has received undisclosed funding from GreenTec Capital Partners, an Africa-focused venture capital firm, according to media reports. Currently, ShapShap is providing last-mile deliveries in Abuja and Lagos, Nigeria, using an all-in-one platform that connects customers, drivers, and merchants.
GreenTec will help ShapShap through the Venture Building concept that falls under the terms of the agreement. GreenTec Capital was impressed with ShapShap’s impressive traction where, on their platform, the startup has attracted more than 4000 customers. Currently, the company boasts over 1000 merchants on their profile.
Erick Yong, GreenTec Capital CEO told the media, “ShapShap’s innovative approach to delivery and last-mile logistics has great potential to unlock vast opportunities in Nigeria and Africa’s enormous informal services and business markets. The platform’s features enable offering their services to a wide range of businesses that can benefit from an efficient and scalable logistics partner.”
Founded in 2019 by Khalil Halilu, ShapShap is an all-in-one platform that works on the primary pain points out of the delivery logistics for all the stakeholders. Clients have access to a whole range of services and products, and delivery employees have the chance to earn money through servicing various vendors through the platform’s business-to-business (B2B) and business-to-customer (B2C) channels that allow merchants to quickly provide customers easy delivery alternatives. Currently, the company is servicing logistics, food delivery and retail delivery in Lagos and Abuja in Nigeria.