Leta, a Nairobi, Kenya-based supply chain and logistics startup, raised $3M in Pre-Seed funding.
Backers included 4Di Capital, Chandaria Capital, Chui Ventures, PANI, Samurai Incubate and Verdant Frontiers Fintech, Ken Njoroge, Founder of Cellulant, and Charles Murito, Google Regional Director, SSA, Government Affairs and Public Policy.
The company intends to use the funds to accelerate Pan-African expansion and launch transport marketplace and fintech-powered products.
Led by Nick Joshi Founder and CEO, Leta is a supply chain and logistics startup that uses artificial intelligence to enable the efficient and automated movement of goods for businesses. Its proprietary route and load optimization technology reduces the number of assets required for B2B and B2B2C customers to complete deliveries while continuously improving service delivery. Through its 20+ active customers, the supply chain and logistics SAAS provider has optimized 500,000+ deliveries, delivered 20,000+ tonnes, managed 2000+ vehicles, and launched operations in five countries, including Kenya, Tanzania, Zimbabwe, Uganda and Zambia. Customers include Twiga Foods, Chandaria Industries, Simbisa Brands and ShopZetu.
FinSMEs
22/11/2022