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Ridelink, an e-logistics platform based in Uganda, recently closed a USD 150 K pre-seed round to develop its technology and expand its marketing activities. The investment was made possible by a partnership between the startup and Ortus Africa Capital, Omidyar Network, and the African Leadership Academy’s Young Entrepreneurs Fund (Anzisha).
Ridelink operates an e-logistics platform developed to seamlessly connect SMEs to a network of transport operators. The startup’s goal is to reduce the cost of transportation for small businesses by linking them with truck drivers and leveraging technology to make business operations operate more smoothly, generate revenue, and improve mobility efficiency and performance.