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1. Nigeria’s Pricepally raises 6-digit pre-seed funding round
Towards building on its strong early growth, Pricepally, a Nigerian digital food cooperative, has raised a six-digit pre-seed funding round.
Founded in 2019 by Luther Lawoyin, Jumai Abalaka, Deepak Bansal and Monsunmola Adefemi, the startup is a group-buying platform that aggregates consumer food demand and matches it with supplies directly from farmers and wholesalers.
Going by the model, the food is sourced directly from farmers and wholesalers, making it cheaper and fresher than buying at retail outlets.
Also, this is how it cuts out middlemen and saves consumers money by leveraging technology to aggregate demand via a sharing model. ....

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