Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Nairalytics
    • Macro-Economic News
    • Research Analysis
    • Budget
    • Public Debt
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Nairalytics
    • Macro-Economic News
    • Research Analysis
    • Budget
    • Public Debt
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
Nairametrics
No Result
View All Result
Home Business News Corporate deals

DEAL: Jise food delivery app, raises $100,000 Angel funding, starts operations in Lagos

Abiola OdutolabyAbiola Odutola
1 year ago
in Corporate deals, Tech News
DEAL: Jise food delivery app, raises $100,000 Angel funding, starts operations in Lagos

Jise co-founders

Share on FacebookShare on TwitterShare on Linkedin

Jise, a food-only delivery platform, has announced that its food service app has raised $100,000 angel funding from investors in Nigeria and Europe. The firm has also started operations in Lagos.

This was disclosed by the company in a statement issued on Tuesday and seen by Nairametrics.

Jise is led by 4 co-founders and they are, Marvelous Gbenro as CEO, Tokurah Majid as VP Growth & Operations, Ibukun Olasupo as VP Customer Engagement and Jeremy Osazuwa Agbonze VP Technology.

Read: Nigerian digital bank, Brass raises $1.7 million funding

What Jise is saying about the funding

In a statement released by the startup, it said, “Following the Covid-19 outbreak in 2020, the demand for food and groceries delivery services has increased around the world. This new normal has had consumers demanding a better food delivery service in Nigeria, Jise has seized this opportunity to provide a food delivery platform focusing on providing fast and affordable delivery services starting with Lagos.

“Jise is similar to Doordash in the US or Deliveroo in Europe with its sole focus on delivering meals within 25 minutes. Jise was birthed due to the inadequacies and the problems caused by delivery partners who are multi-category focused that results in unfulfilled or late food deliveries, which then leads to disappointment that invariably threatens brand integrity of most of our local restaurants.

Read: Vendease raises $3.2 million seed funding to transform Africa’s food supply chain

“A solution was therefore created by building a shared logistics platform that enables restaurants to effectively deliver their meals in the fastest possible time leveraging clusters of independent delivery personnel, while simultaneously enabling growth for restaurants via a connected marketplace (integrated solution) – JISE.

“The company seeks to be the game-changer (The DoorDash for Nigeria) in the food delivery sector by providing an effective food ordering and food delivery platform that handles delivery & takeout from the best local restaurants at very affordable costs to its consumers.

“In the wake of starting its operation officially today, Jise has raised $100,000 angel investment from notable investors including Backroom Capital (Nigeria), Winston Capital (Ireland) and also a few angel investors including Jonny Enagwolor, Co-Founder.”

Read: Fintech startup, Infibranches secures $2 million funding to bridge energy distribution gap

What experts are saying about the new investment

Leonard Lynch investor at Winston Capital said, “At Winston Capital, we are always looking for the best teams to invest in and at Jise, we see it as a great opportunity to invest in a great team. We are delighted to continue to support the start-up ecosystem in Nigeria with our second investment on the continent. The Jise team led by Marvelous is building the Just Eat or Doordash of Nigeria and we are excited to be part of their journey.”

What you should know about Jise

Jise has gone live by signing up more than 40 restaurant menus on their platform, first within the Lekki Phase 1 axis of Lagos.

It hopes to provide meals within 25 minutes to customers in this axis then gradually expand their community-based model starting with bicycle runners across Lagos in preparation for the holiday season.

Related

Tags: Jise

Leave a Reply Cancel reply

HFM
Mega Millions
Mega Millions
Standard
Patricia





NM newsletters

Business News | Stock Market | Money Market | Cryptos | Financial Literacy | SME |

Recent News

  • BUA Foods Plc reports N100.6 billion pre-tax profit for FY 2022
  • DSS arrests syndicates selling new redesigned naira notes, bank officials implicated
  • Abiola Bawuah has been appointed as UBA’s first female CEO

Follow us on social media:

Recent News

BUA Foods Plc reports N100.6 billion pre-tax profit for FY 2022

BUA Foods Plc reports N100.6 billion pre-tax profit for FY 2022

January 30, 2023
Nigerian Man embarrassed for presenting new notes as meal payment

DSS arrests syndicates selling new redesigned naira notes, bank officials implicated

January 30, 2023
  • Home
  • Exclusives
  • Markets
  • Industries
  • Economy
  • Business News
  • Financial Literacy
  • Lifestyle
  • Opinions

© 2023 Nairametrics

No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Nairalytics
    • Macro-Economic News
    • Research Analysis
    • Budget
    • Public Debt
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds

© 2023 Nairametrics