Wasoko
Roshanmaer place, Lenana road, Nairobi, Kenya
Overview
Wasoko transforms access to essential goods and services by connecting small shops to the digital economy. It increases sales and market coverage for companies in emerging markets. It also enables informal retailers to order products at any time via SMS or mobile app, and receive free same-day delivery to their store. This makes it easier for shopkeepers to source goods and helps manufacturers ensure that their products are consistently available to consumers.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 8
Sector focus
- Consumer Goods
- Emerging Markets
- Logistics
- Sales
- Supply Chain Management
Investment portfolio
- tushop
Participated · Seed · Mar 2022
Tushop operates a social-commerce model in Kenya that lets community leaders run virtual shops, aggregate neighbors' orders, and place bulk purchases from manufacturers and producers (including farmers). The company sources goods directly and delivers fresh produce and FMCGs, claiming shoppers can save up to 60% while agents earn commissions. Founded last year by CEO Cathy Chepkemboi, Tushop emphasizes predictive delivery and lowering retail costs through direct sourcing and aggregated orders. The startup plans to scale across Nairobi first and then expand to the rest of the country. To support growth it is hiring, expanding warehousing and delivery capacity, and improving its technology and agent channels. The company recently raised funding to fund these operational investments and expansion plans.