New Investments
Nigerian innovative shared-mobility platform Shuttlers secures $4 million for expansion
Shuttlers, a Nigerian innovative shared-mobility platform, has secured $4 million in funding for expansion.
The funding round was led by Verod-Kepple Africa Ventures, with follow-on investment from VestedWorld, EchoVC Partners, CMC 21 & Alsa, and SheEquity. Founded in 2016, Shuttlers offers a range of shared transportation options, including buses, vans, and cars, with routes that cover major cities and suburbs across Nigeria. Their app-based platform allows users to book rides in real-time, and the company is committed to providing safe, comfortable, and reliable services. The company aims to make transportation more accessible and affordable for all Nigerians.
Related Articles
Register Now
Empower Africa Times Newsletter
Share :
You may also like...
Chargel raises $2.5m seed funding to revolutionize logistics in Francophone Africa
Senegalese logistics company Chargel has secured $2.5 million seed funding for Francophone Africa expansion.
EV Company Spiro Revs Up Africa Expansion with $50 Million Afreximbank Loan
African electric vehicle (EV) leader Spiro announced a significant boost to its expansion plans with a $50 million debt financing agreement signed with Afreximbank, the pan-African multilateral financial institution.
South African Car Subscription Startup Planet42 Secures $16 Million Funding
South Africa car subscription startup Planet42 has secured $16 million (R300 million) in local currency debt and equity funding from Standard Bank.