Lagos-based delivery startup, Kwik Delivery, has raised a $2 million seed funding and is now set to expand into Abuja, Nigeria’s Federal Capital Territory. The company also plans to expand outside of Nigeria in the short to medium term.
While speaking to The Africa Report, Kwik Delivery’s Founder and Chief Executive Officer, Romain Poirot-Lellig, disclosed that the $2 million seed funding would go a long way towards facilitating all of the company’s planned expansion.
Note that the funding was raised from both Nigerian and international investors who were not named during the interview. News about the fund raising is coming barely nine months after Poirot-Lellig first hinted to Nairametrics that plans were underway to raise the sum of €2 million from potential investors.
Meanwhile, Abuja is the perfect choice for Kwik Delivery’s expansion outside of the Lagos market. After all, the city is Nigeria’s capital city where millions of middle class Nigerians reside; many of whom can afford to pay to have their groceries and other supplies delivered right to their doorsteps.
Kwik Delivery expects to become operational in the city as soon as January 2021. After the Abuja expansion, the next destination on Kwik’s radar is Accra, Ghana.
42-year Romain Poirot-Lellig, who is a French national, established Kwik Delivery barely two years ago in June 2019, with particular focus on B2B and B2C deliveries. And even though the delivery ecosystem was already dominated by the likes of Gokada and Jumia, Poirot-Lellig was able to establish Kwick Delivery as a formidable player, albeit within a rather short period of time. He also does not regard his competitors as ‘competitors’. Instead, he describes the kind of relationship he has with them as that of competition mixed with cooperation. According to him, “you need to use the best partner at any given time.”
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