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Pricepally Secures $1.3M Funding to Expand Online Grocery Service Across Nigeria 🍅🥕🛒

Pricepally Secures $1.3M Funding to Expand Online Grocery Service Across Nigeria 🍅🥕🛒

#retail
#food
#startup
#investments
#Food
#retail-tech
#funding
Nigerian online grocery startup, Pricepally, has raised $1.3 million in seed funding, backed by Samurai Incubate and other investors. The funding will fuel the expansion of Pricepally beyond its current three-city presence in Nigeria and support the reintroduction of group buying to enhance affordability for consumers. With a focus on sourcing directly from farmers and offering transparent pricing, Pricepally aims to address food insecurity challenges in Nigeria's market.

Nigerian online grocery platform, Pricepally, has secured $1.3 million in seed funding from investors including Samurai Incubate. The funding will be utilized to expand the startup's services beyond its current presence in three cities in Nigeria and reintroduce group buying options for consumers. Pricepally, founded in 2019, emphasizes transparency and affordability by sourcing fresh produce directly from farmers. The startup plans to leverage its strong customer retention and introduce new features like online group buying to tackle food insecurity in Nigeria's market.


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