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Sendy receives investment to scale fulfillment services across Africa

Sendy receives investment to scale fulfillment services across Africa

Sendy, a Kenyan fulfillment and logistics enabler has received investment to scale fulfillment services across Africa. The funding from MOL PLUS, the

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Sendy, a Kenyan fulfillment and logistics enabler has received investment to scale fulfillment services across Africa. The funding from MOL PLUS, the corporate VC arm of Mitsui O.S.K. Lines is set to be used to improve logistics and supply chain inefficiencies across Kenya, Nigeria, Ivory Coast, and Uganda.

The firm provides an easy way for businesses of any size to move goods, using its platforms and APIs to sell and deliver goods to their consumers. MOL will partner with Sendy to provide its customers in shipping and freight with additional mid-mile and last-mile services.

Fulfillment network

“We believe our financial and operational partnership with MOL PLUS and MOL Logistics will drive a huge impact not only for the growth of Sendy and its fulfillment network but also for the merchants we serve as we continue to offer more value add and solutions to help them grow and trade more. We will work with MOL Logistics to leverage their strengths and expertise in logistics and cross-border fulfillment, to grow our services and network of businesses we serve,” said Mesh Alloys, founder and CEO of Sendy.

“We were very specific in choosing to invest in Sendy because of the solution that they offer; we share a common goal. We all want to democratise logistics and support businesses in Africa to move their goods reliably and affordably. We look forward to an exciting partnership with Sendy as we forge this joint mission. We endeavour to work with partners with innovative ideas like Sendy through creating synergies and collaborations that will generate value,” said Takuya Sakamoto, representative of MOL PLUS.

 

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