3 years ago

Kapu Secures $8M Seed Funding to Revolutionize Grocery Shopping in Kenya

  • Kenyan social commerce startup Kapu has raised $8 million in a SEED round led by Giant Ventures and Firstminute Capital

  • The company plans to use the funding to penetrate the Kenyan market before expanding to other countries

  • Kapu enables consumers to buy groceries at lower prices through online and offline channels by sourcing directly from manufacturers and producers.

      • ProblemRetail

      "In Kenya, people spend 40-50% of their income on groceries, representing a significant financial burden and a major societal issue."

      Solution

      "Kapu is a B2C e-commerce platform that leverages technology and bulk buying to offer consumers lower prices on groceries, easing the cost of living and increasing access to essential goods."

      Covered on