Novastar Ventures led a USD 9 million Series A investment in Nigeria's food delivery platform Chowdeck, supported by Y Combinator and other investors.

Information on the Target

Chowdeck is an innovative food delivery platform based in Nigeria, designed to connect local restaurants with consumers through a user-friendly application. The platform aims to enhance the dining experience by providing a wide array of food options and quick delivery services, capitalizing on Nigeria's growing urban population and increasing demand for convenience in dining.

Founded with the vision of transforming the food delivery landscape in Nigeria, Chowdeck is poised for significant growth as it navigates the burgeoning e-commerce space in the country. Its strategic deployment of technology facilitates not just delivery but also supports local businesses in reaching a broader customer base.

Industry Overview in Nigeria

The food delivery industry in Nigeria has experienced remarkable growth in recent years, driven by urbanization and changing consumer lifestyles. With a young and tech-savvy population, there is a burgeoning demand fo