Droppa to go Global After Securing Series A Round from SkyNet

Droppa to go Global After Securing Series A Round from SkyNet

Droppa Group, a provider of fleet and courier e-services, has finalized a Series A funding round with global logistics leader, SkyNet Worldwide Express, expanding its stake in Droppa.

With Droppa, popularly known as the “Uber for bakeries,” consumers and companies may order a truck or van for multi-purpose logistics anywhere in the nation. The courier company claims that since adjusting its business strategy to comply with the COVID-19 lockdown regulations, it has observed a surge in demand for its services, notably during the last two years.

The investment would reinforce both companies’ current customer-centric strategies while enabling Droppa to develop its company nationally and internationally, the announcement claims.

Through the cooperation, Droppa clients gained access to SkyNet’s courier services, and SkyNet was able to expand its capacity by using Droppa’s sizable fleet of vehicles to enhance its services.

According to Hatutshela Mufamadi, founder and CEO of Droppa, the startup first approached Radio 702 and asked the logistics giant to partner with it, the initiative caught the attention of the head of SkyNet, who then made contact.

“After we approached Radio 702 and asked the logistics giant to partner with Droppa, the initiative caught the attention of the head of SkyNet, who then made contact, and so we began a journey that has grown from strength to strength over the past two years,” said Mufamadi.

About Droppa

khathutshelo Mufamadi launched Droppa in 2016. The on-demand mobility startup provides courier services for household goods and furniture through the use of its mobile apps and api. Droppa, also referred to as the “Uber for bakkies”, does not own the bakkies or trucks but has over 1 000 registered driver partners.

Thanks to the partnership with Elite Truck Hire, it has evolved over the past six years from a “tank hire” model to one that offers a comprehensive delivery platform where private individuals and businesses can send packages, transport goods and furniture, as well as rent trucks and trucks for a set amount of time.

Due to the COVID-19 lockdown in April, the startup moved its attention to industries providing necessities, such as retail establishments, warehouses, farms of fresh produce, and medical suppliers, and saw an increase in some of these services. The following month, it increased its selection by adding an expedited delivery option for light items within a 25-kilometer radius that could be delivered in just 24 hours.

According to Tommy Erasmus, CEO of SkyNet Worldwide Express, the investment in Droppa will extremely energize both startups as they strategically align and define market offers

“We are very excited about the investment in Droppa. After intensive negotiations to strategically align and shape our market propositions, I am confident that the investment in Droppa will help drive further business growth for both parties and enable the continued use of innovative business solutions that benefit our customers,” said Erasmus.

 

Author

  • Joel Nwankwo

    Storyteller and Data analyst. Passionate about startups and innovators leveraging tech to promote financial and social inclusion in Africa and for Africans

Joel Nwankwo

Storyteller and Data analyst. Passionate about startups and innovators leveraging tech to promote financial and social inclusion in Africa and for Africans

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