Logistics platform’s African drive gets major boost
Shiprazor's efforts to transform e-commerce logistics and supply chain solutions in Africa have received a significant boost.
Launch Africa Ventures, a pan-African venture capital fund, revealed yesterday that it had invested in Shiprazor's aggregator platform, which aims to improve e-commerce logistics on the continent.
The Fund announced on their LinkedIn profile that they have opted to invest in the unique shipping aggregator that has transformed the logistics industry by providing businesses with seamless solutions.
Launch Africa Ventures, which has invested over $36 million in businesses in 40 countries around the world, believes the logistics management and last-mile delivery market in Africa, which is fuelled by the continent's thriving e-commerce sector, is rapidly expanding.
“Despite challenges like inadequate infrastructure and market fragmentation, the industry is rapidly evolving with the adoption of tech-driven solutions. Shiprazor's flexible and scalable platform addresses these challenges head-on,” wrote Launch Africa Ventures on their page.
It believes the logistics platform’s ability to provide a comprehensive suite of solutions tailored to online businesses positions them as a game-changer in the logistics space.
“Their micro-service architecture allows users to pick and choose the modules they need, ensuring a tailored approach to their logistics requirements.”
Covering all logistics needs is what gives Shiprazor a competitive urge in the African e-commerce logistics industry.
The delivery firm headquartered in America, with operations in Kenya, South Africa and Mauritius, offers comprehensive Solutions, from Order Management Systems to Warehouse Management Systems , Last-Mile Management Systems, International and hyperlocal shipping.