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Omnibiz raises $5m in growth equity

Lagos based B2B e-commerce platform raised $5m in growth equity led by Timon Capital.

“We have expanded in terms of the number of retailers,” Rustagi told TechCrunch about the company’s growth since its seed raise. “We’ve expanded in cities, geographically, and we have improved the overall system; the retention of the retailer, even with growing competition, has been phenomenal. And I think that’s what equips us for the next race.”

Tags

b2b, ecommerce, em