Funding

E-Commerce Startup Kamioun Secures USD 400 K Investment To Expand

Kamioun, a Tunisian e-commerce startup that connects Fast Moving Consumer Goods (FMCG) manufacturers to retailers, has secured USD 400 K in an investment round.

The round was led by pan-African investment fund Janngo Capital, with the participation of Anava Seed Fund (Flat6labs fund), Dakar Network Angels, existing and new business angels.

Kamioun is a mobile B2B platform that allows retailers to obtain goods from a broad network of reputable manufacturers at competitive pricing. On the platform, deliveries are made for free. The company’s manufacturers have access to a large network of retailers as well as very comprehensive business intelligence reports about the FMCG market particularly.

Kamioun intends to use the funds to expand its product distribution, improve operations and solutions, add people, and accelerate expansion in order to reach more shops and convert them to active users.

Read Original Article Here

Nichole Manhire

Is the media and brand manager at GFA News. She works very closely with editors and podcasters that contribute to telling the African business success story. For marketing and advertising send Nichole an email: nichole@getfundedafrica.com

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