About Afrimart
Afrimart is a company based in Lagos (Nigeria) founded in 2015. It operates as a B2B. Afrimart operates in a competitive market with competitors including Jiji, Traders of Africa, SME MarketHub, B2B Growth Pro and Afriva, among others.
- Headquarter Lagos, Nigeria
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Sectors
Retail
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
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Employee Count
Employee Count
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Funding Insights of Afrimart
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Afrimart
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Afrimart
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Afrimart Comparisons
Competitors of Afrimart
Afrimart operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Jiji, Traders of Africa, SME MarketHub, B2B Growth Pro and Afriva, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Goods and services are exchanged via an online classified marketplace.
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| domain | founded_year | HQ Location |
Online B2B marketplace offering multi-category products
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| domain | founded_year | HQ Location |
Hosts a digital marketplace for multi-category consumer products.
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| domain | founded_year | HQ Location |
Multi-category products are facilitated through an online B2B marketplace.
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| domain | founded_year | HQ Location |
Online B2B platform offering a wide range products and accessories
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Afrimart
When was Afrimart founded?
Afrimart was founded in 2015.
Where is Afrimart located?
Afrimart is headquartered in Lagos, Nigeria. It is registered at Lagos, Lagos State, Nigeria.
What does Afrimart do?
Afrimart operates with a B2B model, focusing on operating online marketplaces, b2b platforms, marketplaces, and multi-category products. Functions as an online B2B marketplace for a wide range of multi-category products. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
Who are the top competitors of Afrimart?
Afrimart's top competitors include Jiji, Traders of Africa and B2B Growth Pro.