Tiger Global and Avenir Growth Capital led a $125m Series B round in Wasoko.

Tiger Global and Avenir Growth Capital led a $125m Series B round in Wasoko, an African e-commerce company leveraging innovative technology to transform the informal retail supply chain, with participation from VNV Global, Binny Bansal, Sujeet Kumar, Quona Capital, 4DX Ventures and JAM Fund. The new capital will enable Wasoko to drive further geographic expansion and product growth across the continent. The company is exploring expansion into Nigeria and Southern Africa, while continuing to consolidate its market-leading position across its six current countries.