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Kwik Delivery Company, a Lagos-based delivery startup Has Raised $1.7 million Series A Funding

Denwigwe Blossom

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Kwik Delivery Company, a Lagos-based delivery startup Has Raised $1.7 million Series A Funding

kwik delivery

Kwik Delivery has announced the completion of its pre-Series A financing round.

Related: Flutterwave raises $170m in series C funding

Kwik Delivery, a Lagos-based delivery startup has raised $1.7 million in its pre-Series A financing round. The funding was as equity from institutional and high net worth investors.

This latest funding will be used to grow the company faster and conquer new markets, the start has said.

What the company is saying

Romain Poirot-Lellig, Founder & CEO of Kwik Delivery said, “Kwik Delivery has demonstrated to customers and investors alike its efficiency as well as the relevance of its bold technology-based approach during a most challenging period.

“This financing round is enabling us to grow even faster and to disrupt and conquer new markets.”

Launched in 2019, Kwik Delivery is an on-demand, last-mile delivery platform that connects African businesses to independent delivery riders, dubbed Kwiksters.

The Kwik platform is currently open to Kwiksters operating in Lagos State. The startup recently launched its just-in-time delivery service to businesses, government agencies, and merchants in Abuja, Nigeria.

More

Logistics companies are beginning to make positive waves in the Nigerian Economy. As usual, it starts from Lagos and trickles down to other parts of the economy. Recall that the Lagos government put in a license fee of 25,000,000 naira for the intending operators of delivery companies. That is how big it can be.

If you want to operate in this sector, ensure that you have the necessary level of preparation and that you have understood what it takes to start the business.

We congratulate all of you at Kwik Delivery for this height and we know that more is to come. Keep up the good work and keep ensuring quality and affordable services to Lagosians and someday, to all of Nigeria as that will guide others in doing the same.

 

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Welcome!! I am Denwigwe Blossom a writer with top-notch skills. Interesting conversations and strategic thinking is my specialty. By the way, I love playing chess and i love to write.

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