Today, I am happy to announce that one of the startups participating in our Tekedia Mini-MBA has raised half of the early stage capital it needs. Symplifix is a digital marketplace which uses data and technology to aggregate grain dryers, silos, cold rooms and warehouses. It will begin operations in Nigeria in September.
The company’s goal is to offer these facilities to farmers, small and big enterprises, manufacturers, importers, exporters, freight companies, logistics services providers, etc, on an on demand pay as you use basis at pocket friendly rates.
In a note to Tekedia Institute, the company noted that food security sustenance in the communities is extremely important to it. To that end, it is paying special attention to small holder farmers who run a greater risk of losing their produce due to poor, inadequate and unavailable preservation and storage amenities.
Symplifix users will be able to save time, more money and also retain a larger percentage of the earnings from their businesses without having to shell out large sums of money to pay for renting warehouses on a long term basis, or to buy any of the equipment it will offer them to use.
Manufacturers can enlarge and reduce their distribution networks faster and get their products closer to their customers.
Our community of users will also be able to add warehouse capacity swiftly to manage the challenges of surplus inventory especially during peak seasons.
We are happy to announce that we have raised an undisclosed amount of funds from a family office.
We invite you to partner with us to unlock value for all the operators in the real sector and look forward to working with you.
Let’s join hands to grow businesses and change lives.
According to the CEO of Symplifix, Ejike Ekwenibe, Week 1 Challenge Assignment in Tekedia Mini-MBA was helpful for this raise. We certainly do not take any credit than to continue to work harder to help our members. Yes, at Tekedia, we will continue to provide practical education to the community of innovators, project champions and entrepreneurs.
Please click and drop your contact so that Symplifix will tell you when it launches. And it is hiring!
If you are interested in our offerings and wish to be informed when we launch, please contact us
07041000710 sms only.
Click to join Tekedia Capital and build Next Africa with min of $10,000 co-investment in startups.