About KwikBasket
KwikBasket is a company based in Nairobi (Kenya) founded in 2020 by Anand Mohan Nagothu was acquired by Kyosk in July 2023.. KwikBasket operates in a competitive market with competitors including Tridge, Consentio, Taimba, M-Farm and Farmshine, among others.
- Headquarter Nairobi, Kenya
- Founders Anand Mohan Nagothu
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Sectors
RetailAgriculture
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Email
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Phone
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Website
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Social
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Funding Insights of KwikBasket
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Investors in KwikBasket
KwikBasket has secured backing from 1 investor. Prominent investors backing the company include Kyosk. 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.
| Investor | Description | Founded Year | Domain | Location |
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Digital kiosks are supplied for informal product distribution networks.
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Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by KwikBasket
| 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 - KwikBasket
| 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 |
Kwikbasket Comparisons
Competitors of KwikBasket
KwikBasket 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 Tridge, Consentio, Taimba, M-Farm and Farmshine, 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 |
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| domain | founded_year | HQ Location |
Farm products are traded via an online B2B marketplace.
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| domain | founded_year | HQ Location |
App-based B2B marketplace for fruits and vegetables is operated.
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| domain | founded_year | HQ Location |
Online platform offering fruits and vegetables
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| domain | founded_year | HQ Location |
Online portal providing market prices info and a listing platform for agri produce
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| domain | founded_year | HQ Location |
Farmers and suppliers are connected via an online agricultural marketplace.
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| Company Name | Domain | Founded year | HQ Location | Description |
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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 KwikBasket
When was KwikBasket founded?
KwikBasket was founded in 2020.
Where is KwikBasket located?
KwikBasket is headquartered in Nairobi, Kenya.
Who is the current CEO of KwikBasket?
Anand Mohan Nagothu is the current CEO of KwikBasket. They have also founded this company.
What does KwikBasket do?
Digital marketplace for fresh produce for commercial kitchens. Farmers can sell fresh produce and access a range of services including advisory, financial, and inputs. The commercial business can buy fresh produce with AI-powered optimization tools to improve efficiency. It uses Artificial Intelligence (AI) to help farmers determine the optimal date to sow crops, allocate resources such as water, fertilizer, identify crop diseases for swifter treatment, and also help farmers forecast crop seasons using historic production data. The value-added service providers can offer the services on the platform.
Who are the top competitors of KwikBasket?
Who are KwikBasket's investors?
KwikBasket has 1 investor. Key investors include Kyosk.