Location
South AfricaSector
Urban Public TransportStage
ImplementationShuma Technologies is an emerging on-demand technologies development, management and distribution company championing to bridge the socio-economic and digital divide in emerging market Africa.
We are a SANTACO-approved technology company that has successfully concluded a 6-month pilot in the West Rand region, Gauteng. With over 7,000 downloads and 3,200+ drivers activated on the platform our flagship brand Shuma Drive concluded 4,186 trips with 420 drivers seeing 955+ passengers taking an average 5 trips via our platform.
Shuma Tech is soon integrating an e-commerce platform Shuma Eats to bring in app and online food, grocery, pharmaceuticals and package deliveries with greater ease and comfort.
Shuma Technologies has secured a sub-license with a vehicle manufacturer to promote smarter mobility through the introduction of electric vehicles including electric scooters.
Our proposal is to secure a minimum R 16,7 million to finance our Go-to-Market strategy to be scaled to R 440 million
Investment Needs
$905 000Investment Project Type:
PrivateInvested Value to Date:
$250 000Funding Gap:
$905 000Climate Classification:
Cross Cutting
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