| Founded | 2018 |
|---|---|
| Closed | 2023 |
| Country | Kenya |
| Sector | Marketplace |
| Collapse type | Silent Shutdown |
MarketForce
"Kenyan B2B last-mile retail commerce platform backed by Tiger Global that raised 40 million dollars and shut down in 2023 after failing to crack informal retail economics."
Quiet closure with no public announcement
Key Events Timeline
MarketForce raised $40M from Tiger Global and others to digitize the distribution chain for fast-moving consumer goods to informal retailers (dukas) across Kenya, Uganda, Tanzania, Rwanda, and Nigeria.
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