New Investments
Shop Zetu, a fast-growing fashion marketplace based in Kenya has raised $1 million in pre-seed funding to fuel its Africa expansion plans
Shop Zetu, a fast-growing fashion marketplace based in Kenya, has secured $1 million in pre-seed funding to fuel its ambitious expansion plans across Africa.
The funding round was led by Chui Ventures, with participation from Launch Africa Ventures, Roselake Ventures, and Logos Ventures. Notable angel investors who also contributed to the funding include Kendall Tang (CEO of RT Knits Ltd), Ben M. (co-founder and CEO of Nadine West), Sumit Bhasin (The Estée Lauder Companies Inc.), Patricia Ithau (CEO of WPP Scangroup), and Peter Njonjo (co-founder and CEO of Twiga Foods).
Shop Zetu’s latest round of investment marks a significant milestone for the company as it aims to revolutionize the fashion e-commerce landscape in the region. Founded in 2021, Shopzetu’s online platform connects fashion-conscious consumers with a wide range of trendy and affordable clothing, footwear, accessories, and beauty products.
The marketplace has gained popularity for its curated selection, convenient shopping experience, and reliable delivery services. With a focus on democratizing fashion and empowering local designers and vendors, Shopzetu has positioned itself as a platform that showcases and promotes African fashion and creativity.
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