December 06, 2019: Droppa, a South African logistics startup, has secured a R5 million funding from IDF Capital to expand across the country.
IDF is the first female-led African private equity fund by Polo Leteka.
Founded in 2018, Droppa is an on-demand delivery service that makes it safer and easier to move office or household goods and furniture.
The startup has been expanding its offering over the last year, launching the Droppa Retail B2B platform for retailers, warehouses and small businesses, and introducing Droppa API to allow e-commerce platforms to integrate with Droppa for last-mile deliveries.
At IDF Capital, we have made it our sole mission to support resilient and courageous entrepreneurs.
Khathutshelo Mufamadi has been nothing but a prime example.