E-commerce startup Omnibiz raises US$3m seed round to expand into other markets

NIGERIA – Omnibiz, an e-commerce startup, has raised US$3 million in a seed round to expand into other markets. V&R Africa, Timon Capital, and Tangerine Insurance led Omnibiz’s seed round. Lofty Inc., Musha Ventures, Sunu Capital, Launch Africa, and Rising Tide Africa were also part of the round. It brings the total amount invested by the corporation to US$4 million. Rustagi also revealed that the startup received Seedstars funding and will join in the accelerator’s growth program. “One of the key things we intend to do is to bring on…

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