ChekiNigeria

Lagos, Nigeria Founded: 2010 • Age: 16 yrs Acquired By Autocheck Africa
Cars are bought and sold through an online platform.
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About ChekiNigeria

ChekiNigeria is a company based in Lagos (Nigeria) founded in 2010 by Carey Eaton was acquired by Autocheck Africa in September 2020.. ChekiNigeria offers products and services including Car Sales Platform and Car Loan Service. ChekiNigeria operates in a competitive market with competitors including Autocheck Africa, Boulos Enterprises, Carsplenty, Spicyauto and Kwilist, among others.

  • Headquarter Lagos, Nigeria
  • Founders Carey Eaton
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Transportation, Automotive & Logistics → Automotive Retail, Aftermarket & Services
Transportation, Automotive & Logistics → Automotive Retail, Aftermarket & Services
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Autocheck Africa

    (Sep 14, 2020)

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Products & Services of ChekiNigeria

ChekiNigeria offers a comprehensive portfolio of products and services, including Car Sales Platform and Car Loan 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 service for listing and purchasing cars

Application platform for car loans and financing

Funding Insights of ChekiNigeria

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2011 Amount Seed - ChekiNigeria Valuation

investors

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

Investors in ChekiNigeria

ChekiNigeria has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Autocheck Africa and L5Lab. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
-
Founded Year Domain Location
Platform for vehicle loan
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by ChekiNigeria

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 - ChekiNigeria

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

Chekinigeria Comparisons

Employees
+
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Competitors of ChekiNigeria

ChekiNigeria 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 Autocheck Africa, Boulos Enterprises, Carsplenty, Spicyauto and Kwilist, 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
Platform for vehicle loan
domain founded_year HQ Location
Two-wheelers and four-wheelers are sold via an online platform.
domain founded_year HQ Location
Operates a digital platform for buying and selling cars in Nigeria.
domain founded_year HQ Location
An online listing platform for used vehicles.
domain founded_year HQ Location
Operates a video-based classified platform for buying and selling used cars.
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 Chekinigeria

Frequently Asked Questions about ChekiNigeria

When was ChekiNigeria founded?

ChekiNigeria was founded in 2010 and raised its 1st funding round 1 year after it was founded.

Where is ChekiNigeria located?

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

Who is the current CEO of ChekiNigeria?

Chimezie Okonkwo is the current CEO of ChekiNigeria.

What does ChekiNigeria do?

ChekiNigeria was founded in 2010 in Lagos, Nigeria, within the automotive sector. An online marketplace is operated for vehicle transactions, where advertising is facilitated for dealers, importers, and private sellers. Japanese cars are imported and supplied to the Nigerian market. Insurance provider leads are generated for users, and auto parts are offered for sale. The platform functions via cheki.com.ng as a division of Cheki Africa Medi.

Who are the top competitors of ChekiNigeria?

ChekiNigeria's top competitors include Autocheck Africa, Boulos Enterprises and Carsplenty.

What products or services does ChekiNigeria offer?

ChekiNigeria offers Car Sales Platform and Car Loan Service.

Who are ChekiNigeria's investors?

ChekiNigeria has 2 investors. Key investors include Autocheck Africa, and L5Lab.

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