Global digital marketplace IAA, Inc. enters Nigerian market by partnering Boacon Autos

cars

NIGERIA – IAA, Inc., the global digital marketplace connecting vehicle buyers and sellers, has partnered with Nigeria’s Boacon Autos, a general automotive repair business. As the company’s official partner in Nigeria, Boacon Autos will operate the local IAA Auction Center in the city of Lagos, the most populous Nigerian city. Through this new alliance, Boacon Autos will provide local services and assistance, helping buyers efficiently purchase vehicles from IAA in the United States. The company will offer support including bidding assistance, transportation, shipping and importing, reducing risk and increasing convenience…

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Automotive digital marketplace Odiggo expands to Dubai

MEA – Odiggo, the Cairo-based automotive digital marketplace, has opened in Dubai, with the goal of becoming the top Autotech business in the Middle East and Africa. The automotive tech app was founded in 2019 by Ahmed Omar and Ahmed Nasser. It sells car parts and accessories directly from various vendors. In the first seven months of service, the startup had 2000 customers onboard. Odiggo claims to have the largest catalog of auto spare parts in the region. The startup makes money by charging 7 to 22 percent commission on…

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Automotive digital marketplace Odiggo raises US$600k in seed funding round

EGYPT – Odiggo, an Egypt-based digital marketplace for automotive spare parts, has raised US$600,000 in a Seed funding round funded by Essa Al-Saleh, the current chairman of Volta Trucks, a UK-based tech auto-manufacturing company. Essa, who is also the CEO of Switzerland-based advisory and investment firm, Agitero AG and former CEO of the billion-dollar logistics company, Agility Logistics, was an angel investor in August 2020. The round was split into two parts, with US$300,000 being raised back in August of 2020 and the rest in January 2021. Launched in 2017,…

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