Nigerian freight logistics startup Kobo360 has raised a $20 million Series A round led by Goldman Sachs and $10 million in working capital financing from Nigerian commercial banks.

The company — with an Uber -like app that connects truckers and companies to delivery services — will use the funds to upgrade its platform and expand to 10 new countries beyond current operating markets of Nigeria, Togo, Ghana and Kenya.

Since its launch in Lagos in 2017, Kobo360 has continued to grow its product offerings, VC backing and customer base. The startup claims a fleet of more than 10,000 drivers and trucks operating on its app. Top clients include Honeywell, Olam, Unilever, Dangote and DHL.

In addition to customer focus, founders Ife Oyedele II and Obi Ozor have prioritized serving the startup’s drivers. They offer the company’s app in languages common to drivers, such as Hausa and Pidgin.


Obi Ozor Ife Oyedele II Kobo360 Co Founders Office Shot

Kobo360 also launched its own driver working capital finance program, KoPay, KoboSafe insurance product and KoboCare: a suite of driver services from HMO packages to family tuition assistance.

The startup is part of a growing e-logistics and transport space in Africa linking on-demand apps to mobile-based connectivity to move people and goods around the continent more effectively.

In the ride-hail space, global players such as Uber and Bolt are competing with each other and homegrown startups to digitize and capture revenues in the continent’s auto and motorcycle taxi markets.

https://www.google.com/amp/s/techcrunch.com/2019/08/14/nigerian-logistics-startup-kobo360-raises-30m-backed-by-goldman-sachs/amp/

Lalasticlala

Pictures of the two cofounders

- Ife Oyedele and Obi Ozor both founded Kobo360 in 2017

Infinityk:
meleszenawi
I thought u guys said Yoruba's know nothing
Where are the south south
Be fooling yourselves with a stupid ranking while yorubas keep on progressing
Startup is dominated by Yoruba's in Nigeria
Be enjoying your ranking ,while real smart people are working
Any startup made by an Igbo person must have a Yoruba person
But same cannot be said for Yoruba's start up

You want to show us Igbo-yoruba collabo.


No be today igbos dey do start-up..and have over succeeded


We know major funders Sha..

Anyway nice collabo...More healthy partnership for them.

You should be happy about healthy collabo..

MelesZenawi:



You want to show us Igbo-yoruba collabo.


No be today igbos dey do start-up..and have over succeeded


We know major funders Sha..

Anyway nice collabo...More healthy partnership for them.

You should be happy about healthy collabo..

Which stupid collabo
Most of tech start up in Nigeria is majority Yoruba
Richest lawyers Yoruba's
A Yoruba who designed gaming robots Silas adekunle was pronounced the richest robotics engineer when apple bought his game
Google first professors in Nigeria
Google best universities in Nigeria
U people like to say rubbish about Yoruba but forgot u are on a website owned by a Yoruba who droped out of a Yoruba universities oau
All of u are small boy,I swear
Be enjoying your stupid waec ranking
Even south south don't come half close to Yoruba accomplishments
Best university in north is unilorin dominated by Yoruba's
U guys take Yoruba's for granted
Be enjoying your stupid waec ranking
The waec ranking that has not changed in past 5 years
Be recycling the same bullshit

Infinityk:


Which stupid collabo
Most of tech start up in Nigeria is majority Yoruba
Richest lawyers Yoruba's
A Yoruba who designed gaming robots Silas adekunle was pronounced the richest robotics engineer when apple bought his game
Google first professors in Nigeria
Google best universities in Nigeria
U people like to say rubbish about Yoruba but forgot u are on a website owned by a Yoruba who droped out of a Yoruba universities oau
All of u are small boy,I swear
Be enjoying your stupid waec ranking
Even south south don't come half close to Yoruba accomplishments
Best university in north is unilorin dominated by Yoruba's
U guys take Yoruba's for granted
Be enjoying your stupid waec ranking
The waec ranking that has not changed in past 5 years
Be recycling the same bullshit

lolzzz

na the waec ranking dey pain you.

I don't need to argue with you because you have to beat borno state in education first before you can be up to our standard.

If you can beat borno state, then come back for a reply

booked.

See broke as niggas brining tribe into this. Whether igbo ot Yoruba these ones have done something with there life. Who know you? Who is your daddy? How much do u have? Be claiming Yoruba up and down

MelesZenawi:



lolzzz

na the waec ranking dey pain you.

I don't need to argue with you because you have to beat borno state in education first before you can be up to our standard.

If you can beat borno state, then come back for a reply

Lol
Best universities are in a region that are not performing well in waec
Lautech a state university is better than most universities in ss and see
Tell me accomplishments of ss,compare them to Yoruba's
Be enjoying your yeye waec ranking

Infinityk:

Lol
Best universities are in a region that are not performing well in waec
Lautech a state university is better than most universities in ss and see
Tell me accomplishments of ss,compare them to Yoruba's
Be enjoying your yeye waec ranking

Good unis take not so good weac holders and turn them into top brains. So stop the waec thingy plus we all know the A or textbook smart students end up working for the risk taking C students most times so chill.