OmniRetail (Series A)
Funding Details
Awarder
Inbox
Date Award
May 16, 2025
Vertical
B2B e-commerce
Funding URL
View Funding Page
Funding Amount
$20,000,000
Company Info
Founding Year
2019
Traction
OmniRetail has processed over ₦1.3 trillion (~$810 million) in transactions last year, with a 35% increase in net merchandise volume and a 40% bump in revenue over the past year, while maintaining profitability.
Founders
Deepankar Rustagi
Market
Africa
Location
Nigeria
Coinvestors
Norfund, Timon Capital, Ventures Platform, Aruwa Capital, Goodwell Investments, Flour Mills of Nigeria
Company Description

OmniRetail is a B2B commerce platform that aims to reshape informal retail across Nigeria and West Africa using technology and embedded finance. It digitizes order management for manufacturers and distributors, providing retailers with access to inventory, working capital, and digital payments.

Links
Website
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