Egyptian eCommerce startup Kemitt has unveiled a B2B platform as part of its ongoing diversification beyond its B2C offering, according to a Disrupt Africa report Monday (April 25).
The Kemitt online marketplace connects product and furniture designers with consumers by handling the manufacturing, overhead and last-mile logistics for those companies. Customers have access to more than 30,000 SKUs with an on-demand manufacturing option and 7- to 12-day delivery services.
Kemitt’s B2B marketplace features furniture, home accessories and materials, using an all-in-one platform that allows businesses to browse, discover and request quotations for products from more than 400 suppliers. Users also have access to a suite of financial solutions and payment options.
“This will be a real game-changer in the furniture industry, and we are genuinely excited about the way it is going to bring together manufacturers, suppliers, businesses, micro financing leaders, and all the industry stakeholders in one place,” said Mahmoud Fouad, Kemitt’s CEO and co-founder, in the report. “This is an important step in the evolution of our business.”
Related: Egypt’s eCommerce Platform Brimore Nets $25M for Growth
In January, Egyptian social commerce platform Brimore closed a $25 million Series A funding round that will be used to add products and suppliers and expand its app across Africa, double the number of employees, operate in three countries and strengthen its physical logistics capabilities by 2023.
Since its founding in 2019, Brimore said it has grown 400 times and created a network of nearly 75,000 resellers in 27 Egyptian cities, many in rural and remote sections of the country.
Also Read: Egypt’s B2B eCommerce Fashion Startup Gahez Raises $2M in Pre-Seed Funding
Also in January, Egyptian B2B eCommerce fashion startup Gahez raised $2 million in a pre-seed funding round led by Disruptech Ventures, with participation from Egypt Ventures, Tanmeyah, Afropreneur fund, and other angel investors. The digital marketplace uses a data-driven approach to help fashion merchants sidestep procurement headaches.
Gahez’s platform provides brands and manufacturers with solutions to power sales, marketing and analysis. The tools are intended to help companies streamline operations and target the best products for business growth.