OmniRetail shakes up Africas B2B ecommerce market with $20M Series A | TechCrunch

Image for article OmniRetail shakes up Africas B2B ecommerce market with $20M Series A | TechCrunch
News Source : TechCrunch

News Summary

  • OmniRetail has raised a $20 million Series A equity funding round
  • The round was co-led by Norwegian development finance institution Norfund
  • OmniRetail’s model digitizes order management for 145 manufacturers, more than 5,800 distributors, and services over 150,000 informal retailers across 12 cities
When Deepankar Rustagi last raised money for OmniRetail in 2022, excitement was high for African startups addressing the supply chain and operational challenges in the fastmoving consumer goods (FMC [+6682 chars]

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