- Get link
- X
- Other Apps
- Get link
- X
- Other Apps
OmniRetail,
a B2B e-commerce platform reshaping how small retailers in Nigeria access
inventory, has raised a significant Series A funding round, marking a turning
point in Nigeria’s wholesale trade sector.
Backed by
a strong cohort of local and global investors, the new capital will accelerate
OmniRetail’s mission to digitize traditional retail supply chains a sector long
plagued by inefficiencies, informal pricing, and middleman markups.
What Is OmniRetail?
OmniRetail
is a B2B platform that helps small retailers order stock directly from
manufacturers or large distributors using mobile devices, with real-time
pricing, fast delivery, and embedded financing.
The
startup has:
- Digitized thousands of
mom-and-pop stores (a.k.a. "kiosks" or "Table-top
shops")
- Created a wholesale tech
backbone for FMCGs
- Rolled out a merchant-facing
app that tracks sales and inventory
The Series A Round: What’s Next?
Though
the funding amount wasn't publicly disclosed, insiders note it's one of the largest
B2B-focused raises in recent Nigerian tech history.
According
to sources, the funds will be used for:
- Warehouse expansion
- Logistics fleet scaling
- Data analytics & supply
chain AI
- Merchant credit underwriting
(BNPL for retailers)
Why This Matters
In
Nigeria, over 90% of commerce is still informal. OmniRetail is building the tools
to bring that sector online.
This
isn't just about buying goods online it’s about:
- Predictive restocking
- Digitizing invoices
- Building credit footprints
for retailers without bank histories
In other
words, B2B e-commerce is quietly becoming the foundation of financial inclusion
in Nigeria.
Why B2B E-Commerce > B2C for Emerging Markets
Unlike
B2C platforms chasing broke consumers, B2B players like OmniRetail focus on:
- Cash flow-positive
businesses
- Repeat, high-volume orders
- Tight-knit merchant networks
This
makes their unit economics far healthier, and their customer base more loyal.
What to Watch
- Will OmniRetail expand into
other African countries?
- Will they partner with
banks/fintechs for embedded lending?
- Can they build a defensible
moat against rising competitors like TradeDepot and Alerzo?
Financial
Juggernut Take
OmniRetail is not just digitizing supply chains it's quietly laying the tracks
for wholesale credit, retail data, and the next generation of African trade.
Watch this space.
- Get link
- X
- Other Apps
Comments
Post a Comment