Kapu, a Kenya-based social commerce startup, has emerged from stealth with $8 million in seed funding to allow Kenyans to purchase meals seamlessly as meals costs rise throughout the nation.
Based by Sam Chappatte, a former govt vice chairman of Jumia Group, Kapu has been constructing a business-to-customer e-commerce service that permits customers to purchase meals at a subsidised fee by on-line and offline channels.
Kapu works by sourcing merchandise straight from producers and producers and permits group bulk-buying of groceries. The startup claims to assist customers save as much as 30% of their spending on recent produce and packaged client items.
“The rationale we began Kapu is that we predict that there’s a extra related mannequin of e-commerce that may be constructed to focus on the grocery basket, which is the largest portion of spend for the overwhelming majority of customers,” stated CEO, Sam Chappette, an ex-Jumia govt who performed a substantial function because the eCommerce platform expanded in Kenya.
Kapu, which claims it has 1,500 agent assortment centres throughout Nairobi, would use the brand new funding to broaden its community of native brokers. It can additionally work on supporting WhatsApp orders to make the method simpler for customers.
The seed spherical was co-led by Big Ventures and Firstminute Capital, with participation from Founder Collective, Base Capital, Norrsken (Klarna co-founder Niklas Adalberth’s fund) and Raven One.
