Kenyan Leta, a B2B provide chain and logistics SaaS supplier has raised $3 million because it seeks to scale its operations throughout West Africa within the coming months.
- Based by Nick Joshi final 12 months, Leta is a B2B provide chain and logistics SaaS supplier that helps optimize fleet administration.
- “We’re an working system for logistics, and our software program is ready to present distributors essentially the most environment friendly path to serve the shoppers faster, and allows them to make use of much less belongings (autos) to serve extra clients,” CEO, Joshi stated in a press release.
- Utilizing the Leta Software program, companies are additionally capable of measure different automobile metrics like velocity, braking and idle time, amongst different information factors that outline effectivity in operations. Since launch, Leta says it has optimized over 500,000 deliveries, delivered greater than 20,000 tons of products, and managed 2,000 autos.
- The startup says it is at the moment on the lookout for development alternatives in West Africa by forging alliances with corporations in Nigeria and Ghana, whereas increasing operations in its present 5 markets: Kenya, Tanzania, Uganda, Zambia, and Zimbabwe. The startup can be in talks with monetary suppliers to supply asset financing to assist shoppers broaden their fleets.
- Members within the spherical embrace 4Di Capital, Chandaria Capital, Chui Ventures, PANI, Samurai Incubate, and Verdant Frontiers Fintech.
