New Investment: Shiprazor
What they do:
Shiprazor is an aggregator platform focused on ecommerce logistics. At Shiprazor, they are striving to revolutionize logistics and supply chain solutions tailored for e-commerce businesses in Africa. They seamlessly connect online retailers with logistics providers, empowering them with cutting-edge platforms that streamline operations, reduce costs, provide visibility, and drive growth through better delivery experience.
Shiprazor offers a comprehensive suite of solutions tailored for online and omnichannel businesses, encompassing essential components such as an Order Management System (OMS), Warehouse Management System (WMS), Last-Mile Management System (LMS), Shipping Aggregator, Fleet Management System (FMS), Returns Management System (RMS), Customer Experience/Notification System, and Address Verification System.
Why we invested:
The logistics management and last-mile delivery market in Africa are experiencing robust growth, propelled by the continent's expanding e-commerce sector. Despite challenges such as inadequate infrastructure and market fragmentation, the industry is evolving with the adoption of technology-driven solutions.
The Shiprazor solution is flexible, allowing users to utilize the entire stack or opt for individual modules, thanks to its microservices architecture. Notably, Shiprazor has developed a merchant portal facilitating deliveries for e-commerce, small and medium-sized businesses (SMBs), and retailers.
When we Invested:
The Investment in Shiprazor was made in Q1/2024
The Founder:
Sahil Affriya is the Founder of Shiprazor. Sahil specializes in integrating business strategies with advanced technology while fostering meaningful human interactions. His background includes experience in venture capital, and he holds an MBA, MTech, and BTech, which provide a strong academic foundation in business, technology, and engineering.
Active in:
South Africa and Kenya