Nigerian start-up, Plentywaka, has been accepted into the Techstars Toronto Accelerator Program, securing US $ 120,000 within the course of because it goals for world enlargement.

Launched in 2019 by Onyeka Akumah, Johnny Ena, John Shaibu and Afolabi Oluseyi, the Lagos-based firm Plentywaka is a bus telephony answer that permits commuters to ebook and pay for his or her journeys in actual time.

The startup has grown considerably over the previous 12 months, carried out 300,000 rides and likewise launch of a B2C logistics platform. Having raised a US $ 300,000 financing spherical final 12 months, to increase to Abuja and different Nigerian states, it has now been accepted into the Techstars Toronto accelerator and secured an extra US $ 120,000.

Plentywaka co-founder and CEO Onyeka Akumah, additionally founding father of agro-tech start-up Farmcrowdy, stated he was excited concerning the new funding, which might see the start-up embark on worldwide enlargement.

“That is the second time {that a} startup that I based has gone by means of a Techstars acceleration program and we’re actually completely happy that they believed in our skill to run once more. The Plentywaka workforce will be part of the Techstars Toronto program to realize extra funding, mentorship and entry to a wealthy community of entrepreneurs and journey trade consultants. It’s going to additionally enable us to increase globally in different nations, beginning with a metropolis in Canada no later than the fourth quarter of 2021, ”he stated.

In the meantime, Plentywaka has taken a giant step in the direction of launching its city-to-city service for Nigerians, the place commuters touring from one state to a different inside the nation can now buy discounted bus tickets. from the Plentywaka cellular app.

With this extra performance, commuters can select their most well-liked bus firm from the record of companions listed on the Plentywaka app from the consolation of their houses. To launch this service, Plentywaka is partnering with some main bus journey firms in Nigeria.

“This can be a main step in the direction of the event of a sturdy and dependable transport system within the nation. We wish to make the bus reservation service a lot simpler and extra accessible for the greater than 20 million Nigerians who journey from state to state each day. We consider this may change interstate journey not just for stakeholders similar to bus operators, but in addition for riders themselves with extra choices, ”stated Johnny Ena, president and co-founder of Plentywaka.