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Omnibiz

Nigerian B2B e-commerce platform Omnibiz has secured $15 million in pre-series A funding.  The funding round, led by Timon Capital, included Ventures Platform, Lofty Inc, Chapel Hill Denham, Chandaria, and Musha Ventures.  Omnibiz, founded by Deepankar Rustagi, is a distribution platform that works to create a more revolutionized approach to distribution.  The platform aims to completely change how the retail ecosystem in developing markets operates by eliminating the disorganization of traditional trading and digitizing the retail chain.  “We believe the smart informal retailer – not shopping malls – is the