ShapShap, a Nigerian logistics platform, has secured an undisclosed amount of funding from GreenTec Capital Partners.
Founded in December 2019 by Khalil Halilu, ShapShap has developed an all-in-one platform connecting customers, drivers, and merchants and is currently facilitating last-mile deliveries in Abuja and Lagos Nigeria.
Under the terms of the agreement, GreenTec will support ShapShap through its Venture Building model.
The growing urbanisation of Africa is directly contributing to a surge in demand for logistics services. As more people crowd into Africa’s cities, the need for efficient and scalable solutions to connect customers to services, food, and retail outlets is always growing.
ShapShap addresses this demand with its solution: an all-in-one platform designed to take the pain points out of delivery logistics for all stakeholders.
The platform provides B2B and B2C channels, enabling merchants to easily offer customers convenient delivery options; customers can find a range of services/products, and delivery personnel can easily earn money servicing multiple vendors.
“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” said Erick Yong, CEO of GreenTec Capital.
ShapShap is currently active in Lagos and Abuja fulfilling logistics, food delivery, and retail deliveries. The company has already processed more than 30,000 orders for over 4,000 users and works with more than 100 vendors.