Kenya: Renew Capital invests in supply chain platform
Renew Capital has invested in Bulkbox, a tech-enabled platform that provides businesses with access to supplies at competitive prices.
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Renew Capital has invested in Bulkbox, a tech-enabled platform that provides Africa’s businesses with fast and reliable access to business supplies at competitive prices.
BulkBox is addressing supply chain challenges faced by small and medium-sized enterprises (SMEs) in Kenya using a convenient and easy-to-navigate online platform. The company provides SMEs with reliable access to a wide range of essential supplies at wholesale prices, empowering them to operate efficiently and profitably.
The platform is simplifying procurement for businesses of all types, including restaurants, retailers and offices, providing them with the resources they need to thrive in a competitive marketplace.
“BulkBox is helping small businesses get the supplies they need quickly and at fair prices,” said Ahmed Wurie, co-founder and CEO of BulkBox. “We deliver products the same day and also provide manufacturers with local hubs to make last-mile deliveries easier and more affordable.”
“BulkBox is solving a major challenge for SMEs in Kenya by improving access to affordable and reliable supplies,” said Lucas Robinson, consulting principal at Renew Capital. “Their B2B e-commerce platform, combined with capacity building support, equips businesses with the tools they need to grow and succeed.”
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