Food-tech Startup, Orda Raises $1.2 Million In Funding

Nigeria food-tech startup, Orda has announced a fundraise of $1 million, intended to setup it's business and expand its operation.

The investors involved in the round include Microtraction, DFS Labs, Oxford Seed Fund, Enza Capital, Agrolay Advisors, Techstars Boulder, Magic Fund, Hustle Fund, Norrsken Foundation, and angel investors like Ire Aderinokun, Jesse Ovia and Ademola Adesina.

The company intends to build out financial products with it's new funding, especially in leading, venture into processing payments for restaurants and expanding its operations to South Africa before the end of the year.

Orda focuses majorly on local and small restaurants that do not have access to software that does analytics and inventory management.The tech startup also offers a cloud-based software tailor-made for African restaurants.

Restaurants that use Orda platform has access to a dashboard that allows them to accept and process order from food delivery services Jumia Food, Glovo, Bolt Food and in-store, website, social media channels like WhatsApp.