Nigeria : OmniRetail raises $20M to boost West African B2B e-commerce growth

On April 30, 2025, Nigerian B2B e-commerce start-up OmniRetail secured $20 million in Series A funding. Founded in 2019 by Deepankar Rustagi, the company plans to expand operations in Nigeria, Ghana, and Côte d’Ivoire. The funds will enhance its embedded financial services and logistics network. OmniRetail, which achieved profitability in 2024, operates with an asset-light model.