CarNaija

Lagos, Nigeria Founded: 2011 • Age: 15 yrs
Online platform for buying, selling, and trading cars in Nigeria.
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About CarNaija

CarNaija is a company based in Lagos (Nigeria) founded in 2011 by Obierika Shammah. It operates as a B2C, and Marketplace. CarNaija offers products and services including Vehicle Classifieds Platform, Spare Parts Marketplace, and Insurance and Loans Service. CarNaija operates in a competitive market with competitors including Boulos Enterprises, Spicyauto, Carisowo and NBF Autos, among others.

  • Headquarter Lagos, Nigeria
  • Founders Obierika Shammah
  • Sectors
    Retail
    Transportation, Automotive & Logistics
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Retail → E-Commerce Technology & Services
Transportation, Automotive & Logistics → Automotive Technology & Mobility Solutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
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Products & Services of CarNaija

CarNaija offers a comprehensive portfolio of products and services, including Vehicle Classifieds Platform, Spare Parts Marketplace, and Insurance and Loans Service. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Online tool for searching and listing vehicles for sale

Platform for buying and selling automotive spare parts

Support for vehicle-related financial products

Funding Insights of CarNaija

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investments & Acquisitions by CarNaija

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - CarNaija

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Carnaija Comparisons

Employees
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Competitors of CarNaija

CarNaija 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 Boulos Enterprises, Spicyauto, Carisowo and NBF Autos, 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
Two-wheelers and four-wheelers are sold via an online platform.
domain founded_year HQ Location
An online listing platform for used vehicles.
domain founded_year HQ Location
Online marketplace for buying and selling vehicles in Benin.
domain founded_year HQ Location
Operates a classified portal for buying and selling new and pre-owned vehicles.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Carnaija

Frequently Asked Questions about CarNaija

When was CarNaija founded?

CarNaija was founded in 2011.

Where is CarNaija located?

CarNaija is headquartered in Lagos, Nigeria. It is registered at Lagos, Lagos State, Nigeria.

What does CarNaija do?

CarNaija operates as a leading online automotive marketplace in Nigeria, enabling users to buy and sell cars, motorbikes, trucks, and spare parts through classified ads. It features search tools for brands, models, and locations, along with services like insurance and loans. Based primarily in Lagos, it serves individuals and businesses across various Nigerian cities, facilitating transactions via a user-friendly website.

Who are the top competitors of CarNaija?

CarNaija's top competitors include Boulos Enterprises, Spicyauto and Carisowo.

What products or services does CarNaija offer?

CarNaija offers Vehicle Classifieds Platform, Spare Parts Marketplace, and Insurance and Loans Service.

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