The Digest:
Chowdeck, the on-demand delivery platform, has raised $9 million in Series A funding to enhance its services in Nigeria and Ghana. The funding will support its expansion and drive a new quick commerce strategy, improving food, grocery, and medicine deliveries.
Key Points:
- Chowdeck raises $9M in Series A for Nigeria and Ghana expansion.
- The funding round was led by Novastar Ventures, with participation from global investors.
- The investment will help launch quick commerce for faster grocery and food deliveries.
- Dark stores and hyperlocal logistics will speed up delivery services.
- Chowdeck aims to expand into more cities, reducing delivery times and broadening coverage.
- The company intends to scale its grocery services and attract top talent.
- CEO Femi Aluko envisions Chowdeck becoming Africa's leading super app.
Chowdeck's Series A marks a major step in its mission to reshape Africa's on-demand delivery landscape, aiming to make accessing essentials faster and more reliable. Rooted in the Storm.
Sources: Premium Times, TechCrunch, Vanguard
