Sumundi is a retail management platform, available online and offline, that helps store owners record sales, generate receipts, and track inventory, allowing them to keep track of what is going on in their shop in real-time.
The company has managed to secure funding from Germany-based GreenTec Capital, which makes small investments in African tech startups.
“We find this collaboration a great opportunity. Beyond GreenTec’s bespoke support, we are looking forward to working with their incredible team and learning from their years of expertise. We are certain that this partnership will help Sumundi create immense value for Africa, beyond what we can imagine or put a price tag on,” said Awura Abena Amponsah and Gilbert Blankson-Afful, co-founders of Sumundi.
“Small shops, formal and informal, are a very strong economic engine in Africa. Sumundi’s solution is fast-tracking the digital inclusion of these small businesses, in turn allowing them to become more efficient, grow their revenues and create new jobs. We are thrilled to be starting this journey with Sumundi’s co-founders and their team,” said Maxime Bayen, senior company builder at GreenTec.
Source: Disrupt-Africa
