ChewkLagos -based Food Delivery Startup, which has been profitable in the notorious harsh and low margin market, has collected 9 million in the series A Fund in the series A Fund to launch a quick commerce strategy and expand Nigeria and Ghana.
The Equity Round was led by Nooster Ventures, which included Wi -Combatin, AAIC Investment, Rebel Fund, GFR Fund, Kalio, Huq, and others. Investors are betting the team’s ability to hang the local market skills and turning a notorious difficult sector into a profitable superp app for food, grocery and essential things.
“We are very excited about this period because it brings us closer to our vision of becoming Africa’s number one super app,” CEO and co -founder Femi Aloko Said “This funding will enhance our growth plans, which will enable us to expand us in more cities, reduce delivery hours, measure our grocery image and attract the best of the best to advance innovation and consumer satisfaction.”
Established by Aloko in October 2021, Olumide OjoAnd Lennie Yusuf, Chaudk, is now operating in 11 cities in Nigeria and Ghana, with a network of more than 20,000 riders being served 1.5 million users. Its logistic system is on average 30 minutes per order, and in dense areas, more than half of the delivery cycles arrive.
Although prominent players have measured or measured their African operations, Chaudk has the complexity of local food – local food supply, which is a difficult difficult challenge – is inclined to build trust with consumers.
In 2024, the price of the food delivered by the Chowdhik increased by more than six times the previous year. This year, the company says it passed its 2024 before July.
New funding will help Chudack’s instant trade, high -speed delivery through a network of dark stores and hyperloqual logistics centers. The company plans to open 40 dark stores by the end of this year and 500 by the end of 2026, which launches two to three new stores each week. Chaudk collected a round of $ 2.5 million seeds last year.
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Food supply is a crowded business globally, but when done well, it has also created some other major companies such as Dordash.
On the other hand, quick trade, has been a capital in most markets. In Europe, Gorillus and Gaiter Hundreds of millions of dollars were burned before retreating or stabilizing. In India, when it comes to profits, platforms like Bulnate, Zipato and Swigi had different levels of success with models.
Earlier, Chodack has been profitable before the increase, and Aloko says the company does not enter cities or vertical in a few weeks without planning to break.
For example, food delivery platform This May. Within three months, It was ordering 1,000 daily Without an advertisement, which, according to Aloko, comes from the demand for a service that provides international food as well as local favorite. The company aims to complete 5,000 daily orders to this volume by the end of September 2025.
Aloko says Chaudk plans to apply the same playbook to Dark Stores, which will complete its restaurants and grocery delivery work.
There will be another vertical software to complete these operations. This June, WiC -backed Startup received mineA point salesman for African food and hospitality business. Meera tools manage inventory and orders in real time. Now, this will help Chaudak improve its operations, and the company will be given a position as a vertical sauce plus-luxurious provider for the restaurant.
After leaving Jamia’s foreign brands such as glue, Bolt Food, and Yango, the addition of Chodack is a win for local players in the sector. Still, Some of these companies Has also withdrawn From some marketsIncluding Nigeria and Ghana, which Chowdhik is now aggressively targeting.
Super apps such as Gozium, YCC -backed Yasir, and MNT Hallon are other local companies that offer food supply services in other African markets.
Aloko said, “The market is still very fast.” “Customer behavior is being shifted online for the first time. A whole generation is developing to order food without entering some restaurants or markets on our platform.”
For lead Investor Nooster Ventures, the condition is on the process and local insight. “Chaodek is building the future of logistics for African cities,” said Brian Vaswani Odimbo.