Logistic startup Kamtar Secures Equity Investment

Kamtar, a Francophone logistics platform, has secured an equity investment from Kenyan tech-logistics startup Sendy and Toyota Tsusho Corporation. Other investors in the round include Mobility 54 Investment SAS and CFAO’s corporate venture capital arm.

Kamtar is a digital logistics startup with 5,000 drivers on its network that connects SMEs and corporate businesses with trucks, allowing for more efficient delivery operations and cost savings by eliminating middlemen. It also works on a set of value-added services to enable its drivers to get better deals on a variety of services related to their business, such as petrol, insurance, spare parts, and finance.