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Plentywaka set for global expansion with Techstars new investment
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Nigeria s Plentywaka eyes Canadian expansion after backing from Techstars
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Nigeria’s Plentywaka gets backing from Techstars, plans expansion to Canada
Plentywaka, a Nigerian bus-booking platform, today announced that it has been accepted into the Techstars Toronto accelerator program.
It will join nine other startups in the class of 2021 and secure funding from the accelerator as it sets its sights on global expansion.
The Lagos-based company, founded by Onyeka Akumah, Johnny Ena, John Shaibu and Afolabi Oluseyi, operates an “Uber-for-buses” model connecting commuters with buses via an app.
Plentywaka launched in September 2019, and in the first two months, moved an average of six people daily, according to CEO Akumah. By its sixth month, this number increased to about 1,500 people daily, and the company completed more than 100,000 rides within that time frame.