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...
Logidoo Secures Grant to Revolutionize African Logistics with AI
Logidoo, a Pan-African logistics startup, has received a $50,000 grant from the International Development Research Centre (IDRC).
Admaius Capital Partners Invests in Rwanda Telco TRES Infrastructure to Boost Connectivity
Africa-focused private equity firm Admaius Capital Partners (“Admaius”) has announced a majority equity investment in TRES Infrastructure Limited (“TRES”), the sole Rwandan company licensed to own, operate, and develop shared telecommunications infrastructure.
BFA Global, FSD Africa, and IUCN Select 10 African Startups for Blue and Green Economy Initiatives
Ten African startups have been chosen to receive funding as part of the Africa Blue Wave and Regen Wave initiatives, a collaborative effort to unlock solutions for a sustainable future.
