US based impact investor Gray Matters Capital has invested $100,000 into Nairobi-based Taimba, a mobile-based cashless platform connecting rural small scale farmers to urban retailers.
“The funding is a shot in the arm for us to strengthen our warehouse infrastructure by setting up cold storage facilities and also our delivery logistics so that we can cater to 6 new markets within Nairobi,” said Dominique Kavuisya, Co-Founder and CEO, Taimba.
Taimba will also use the funds to launch pilot phases in Mombasa and Kisumu city by next year and, as well introduce fruits, nuts and eggs as part of its farm product catalogue.
South Africa Today