Kwik Delivery closes $1.7M pre-Series A financing round

Kwik Delivery closes $1.7M pre-Series A financing round

Kwik Delivery is announcing that it has closed its pre-Series A financing round. The startup successfully raised $1.7 million in equity from institutional and high net worth investors.

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” explains Romain POIROT-LELLIG, Founder & CEO. “This financing round is enabling us to grow even faster and to disrupt and conquer new markets.”

Kwik Delivery is an on-demand, last-mile delivery platform that connects African businesses to independent delivery riders, dubbed Kwiksters. Launched in 2019, the Kwik platform is currently open to Kwiksters operating in Lagos and Abuja, Nigeria.

Using the app, customers able to request a delivery vehicle and track their shipment in real-time. It also provides insurance for goods in transit.

The delivery service app is available on iOS and Android. The trading name of the service is Africa Delivery Technologies SAS.

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Droppa introduces express delivery services, moves into essential services

Droppa introduces express delivery services, moves into essential services

Droppa, South Africa on-demand delivery digital platform service expands its service offering with the launch of “Droppa Express”. Bringing express delivery for light-weight items within a 25 km radius in just 24 hours.

The express service will cater for the delivery of goods such as food, parcels, books, stationery and other smaller items under 25 kg. Promising an affordable rate, it will be available in Pretoria, Johannesburg, Cape Town and Durban.

Delivery bookings can be made through the company website droppa.co.za. Or app which is available as a free download on Android and IOS platforms.

Droppa is continuously looking to enhance current service offerings. Or to introduce new ones that meet the requirements of our customer base across South Africa’s four major cities,” says Khathu Mufamadi, Droppa CEO.

Droppa moves into essential services

Earlier this month, the on-demand e-hailing company announced it is pivoting in response to the new Covid-19 lockdown imposed by the government.

The company’s original operating model allows patrons and businesses to request a truck/bakkie for all furniture removals and logistics, also operates in Cape Town, Johannesburg, Pretoria and Durban.

Droppa now offers its services to businesses rendering essential services. Such as retail stores, warehouses, fresh produce farms and medical suppliers. It will also be made available to members of the public who require essential goods delivered to them.

In a similar way to Uber, Droppa does not own trucks. Instead, it has driver-partners that have registered their vehicles. Thus empowering and providing employment opportunities for many South Africans.

The Covid-19 pandemic poses an unprecedented threat to businesses worldwide. Companies must react in different ways to ensure business continuity, improve the resilience of their supply chain, or pivot to innovate ways to generate revenue” concludes Mufamadi.

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