Social commerce startup Kapu raised $8 million seed funding

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Social commerce startup Kapu raised $8 million seed funding, hoping to help lessen the burden of buying food for Kenyan consumers, many of whom are grappling with the sky-rocketing food prices.

Kapu founder Sam Chappatte, an ex-Jumia executive, stated that the startup has been building a b2c e-commerce service that allows consumers to buy groceries at lower prices through online and offline channels since its inception in January this year. The startup is currently expanding its network of local agents through which customers can place orders. It will soon be able to accept WhatsApp orders as well. Kapu enables group bulk-buying of groceries by sourcing directly from manufacturers and producers, claiming to help consumers save up to 30% on fresh produce and packaged consumer goods.

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Social commerce startup Kapu raised $8 million seed funding

Social commerce startup Kapu raised $8 million seed funding, hoping to help lessen the burden of buying food for Kenyan consumers, many of whom are grappling with the sky-rocketing food prices.

Kapu founder Sam Chappatte, an ex-Jumia executive, stated that the startup has been building a b2c e-commerce service that allows consumers to buy groceries at lower prices through online and offline channels since its inception in January this year. The startup is currently expanding its network of local agents through which customers can place orders. It will soon be able to accept WhatsApp orders as well. Kapu enables group bulk-buying of groceries by sourcing directly from manufacturers and producers, claiming to help consumers save up to 30% on fresh produce and packaged consumer goods.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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