Kenya’s Sendy Logistics Company raises $20 million fund

Kenyans have experienced, over the years, difficulties in picking their shipped goods from a far distance, those living in the remote areas spent heavily to reach the urban cities. It is saddening that some Kenyans would go through the squelching terrain in the rainy season or stepped into the sultry weather in the dry season to pick up their deliveries. To forestall these menaces, Sendy – a logistics company, in 2014, launched an online platform that provides door-to-door delivery service to the Kenyans, especially in the city of Kisumu, at a discounted price.

Through its user-friendly mobile application and website, customers can now sit in the four walls of their rooms and connect with dispatch drivers effortlessly. Voila! Their goods arrive, literally, in the twinkling of an eye.

Imperatively, Sendy has scaled through the heights in the logistics industry as its services have gone beyond the shores of Kisumu to some other prominent cities in Kenya. Many thanks to the Safaricom Fund in 2015, Sendy has now spread its tentacles to two other African Countries, Uganda and Tanzania, and has voraciously invested in 5000 delivery trucks and technology.

Recently, Sendy Logistics Company clinched a whopping sum of $20 million Series B fund raises, courtesy of the Atlantica Ventures and the Toyota Tsusho Corporation. Wonderful! This fund will serve as a quantum leap to Sendy’s growth. “The funding comes at a time when Sendy’s plan is to grow its customer base and expand to other African countries,” gushes Meshack Alloys, the Chief Executive Officer and Co-founder of Sendy Logistics Company.

Interestingly, the company wants to invest the money in engineering and data teams, and it wants to optimize operational efficiency and make customer service much more effective and hassle-free. Sendy has vowed to find its way into some African Countries, if not all, by 2021. What a highly determined company! Maybe that is why Meshack Alloys said “We’ll look at optimizing the kind of trucks that perform well in this market…they’ll also look at setting up vehicle service centers in partnership with us”.

It is safe to say that the big leagues in Africa’s logistics industries, such as Kobo360 and Lori Systems, will feel a hot chase by Sendy. The Sendy’s administrators are keen on using technology, data science, and human forces to outsmart their counterparts. It is crystal clear that start-ups are turning up trumps in the business world and the ever-bourgeoning Africa’s market will experience a massive boom of SMEs.

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  1. Pingback: Fast-rising Botswana Start-up, MyFoodness, adopts electric scooters for its deliveries - Publishing stories for the growth of African startups

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