Launches city-to-city bus journey service
Plentywaka the ‘uber-for-buses’ startup in Nigeria that’s targeted on offering consolation and comfort to day by day commuters utilizing know-how, launched in 2019 by Onyeka Akumah, Johnny Ena, John Shaibu, and Afolabi Oluseyi has in the present day introduced a brand new funding from Techstars because it units its sights on world growth after a profitable one yr of shifting over 300,000 riders in Nigeria. The startup may also be part of 9 different startups within the Techstars Toronto accelerator program, Class of 2021.
Talking concerning the new improvement, Onyeka Akumah, Co-Founder and CEO of Plentywaka says, “We’re very enthusiastic about this new funding to accomplice with Techstars. That is the second time a startup I based will undergo a Techstars accelerator program and we’re really blissful they’ve believed in our capacity once more to execute. The Plentywaka workforce will be part of the Techstars Toronto program to achieve additional funding, mentorship, and entry to a wealthy community of entrepreneurs and consultants within the journey trade. This may also see us increasing globally to different nations, beginning with a metropolis in Canada on or earlier than the fourth quarter of 2021”.
“Our solely aim is to leverage the broader ecosystem to help and develop these unbelievable corporations. Techstars is the worldwide community that helps entrepreneurs succeed, and robust companions and mentors assist make this occur,” says Sunil Sharma Managing Director, Techstars Toronto
18 months since Plentywaka began its journey of shifting commuters by way of their day by day commute, the trans-tech firm has been in a position to increase prior seed funding of $300,000 from Microtraction, Area of interest Capital, and EMFATO within the yr 2020. Plentywaka additionally expanded its companies into two different cities in Nigeria with its partnership with Innoson Autos Manufacturing to solidify its growth plans.
As we speak, Plentywaka has taken one other big step to launch its city-to-city service for Nigerians, the place commuters touring from one state to a different throughout the nation can now buy discounted bus tickets from the Plentywaka cellular app.
With this added characteristic, commuters have the posh of selecting their most well-liked bus transportation firm from the record of companions listed on the Plentywaka app from the consolation of their houses. To kickstart this service, Plentywaka could be partnering with some main bus journey corporations in Nigeria together with Libra Motors with over 300 buses of their fleet together with four different gamers with a capability of 2000+ buses plying over 100 routes throughout Nigeria.
Talking on the brand new Metropolis-to-Metropolis service, Johnny Ena, President and Co-founder of Plentywaka mentioned, “ It is a main step in the direction of growing a sturdy and dependable transport system within the nation. We need to make the bus reserving service so much simpler and accessible for over 20 million Nigerians that commute from one state to the opposite every day. We imagine this might change inter-state commuting for not simply stakeholders like bus-operators but additionally the riders themselves with extra choices”.
With new capital from Techstars, an eye fixed for world growth, and the launch of its interstate service (city-to-city), Plentywaka is poised for a blitzscaling transfer to supply essentially the most inexpensive ‘uber-for-buses’ platform throughout Africa and the North American market. There’s a rising curiosity from buyers to take part in fueling its development plans and the corporate’s CEO, Onyeka Akumah says he’s blissful to welcome new buyers who share an identical imaginative and prescient and starvation for scale as the corporate does. The Plentywaka app is on the market for obtain on each Google Play and iOS.