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Chowdecka delivery delivery startup based on a lagos being profitable in the notoriously hard and low margin marketraised $ 9 million in series a funding to launch a quick business strategy and expansion in more cities in nigana and ghana.
The round building was driven by the new adventure of the 下载, the Funeral of Agian, rebonbrusies, Kaleo, sound of kaleo, good. Investors rewards the local market search skill ‘squad
“We are lifting this round as you take closer to our vision of becoming Africa of the Africa’s Africa” “CEO and coo and co-founder ALUKO FIGE said. “That will overcome our growth plans, that allow expand in times in more cities, clogging food, and your fingerprint and surprising talement.”
Founded in October 2021 of Aluko, More radiatorand it Lanes yusufChowdeck now operates in 11 cities to all Nigeria and Ghana, serving 1.5 million customers with a network of more than 20,000 piledics. Their logistical system median 30 minutes to order, and in dense areas, more than half shipping arrives on a bicycle.
The new funding will help Chowdeck Roll Out Exmergy Commerce, DELIVERY FAST BACK FROM A REAL WESTLOKS AND HyperLocal of logistics. The company thinks of 40 dark tenders at the end of this year and 500 at the end of 2026, with two new stores. Chowdeck raised a $ 2.5 million seed the time last year.
The delivery of food is a crowded affair ghobally but when he did well, led to some other big companies like Doordash. I am
Quick trading, instead, it was a capital intensive game in most markets. In Europe, Gorillas and bitter burned for hundreds of millions of dollars before retrieving or consolidating. In India, the platesformate like Blinkit, Zepto and it Swiggy they had various levels of success with the model when it comes to profitable.
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Chowdeck was profit since this raise and Aleuko says the company does not enter the cities or verticals without breaking in a couple of weeks.
For example, food shipping platform entered entered the neighbor’s Ghana. I am Within three months, Is manipulated 1,000 daily orders Sight Payed, which, as per Tauko, it is wine by a service that is giving you in a long time to fade the company the fifth of 5,000 daily orders by the end of 2025 of September.
Aluko says chowdeck plans to apply the same playbook in the dark stores, that complement their restaurant and release omerance.
Another vertical complement that these operations will be software. These June, Yc-backed startup has pisseda tip provider for African business and hospitality companies. Target harness handles inventory and real-time orders; Now, will help you will hide the Ghowdimfot utterizing their operations, company’s place as saas-plastic supplier for restaurants.
Chowdeck growth is a victory for local players in the sector, After the Jumia exit The part of the left market to foreign marks as gloss, bolty food, and yango. However, some of these companies they also gave up by certain marketsincluding Nigeria and Ghana, which chowdeck is equally destined.
Super Apps like Godem, YC-backed Yassirand it Mnt-halan are other local companies that offers food shipping services in other markets of African.
“The market is still very early:” aluko said. “Customer’s behavior has changed to the first time. A generation that grows order food without walking in a lot of the restaurants or our platform.”
For the investmental the investment of the Novastarar real estate, the bet is on the local execution and insignce. “Chowdeck is building the future of the logistics for the African cities,” duty Brian Waswanid Odhiiambo. “With a ship of profound and a sustainability approach, and executing impressive, and redefine delivery the last apple on the continent.”